Prince Charles: 10 actions we must take to drive the green recovery

The document presents a speech by HRH The Prince of Wales detailing ten strategic actions to leverage private sector finance and market forces for a sustainable post-pandemic recovery. These actions include mobilizing investment in sustainable infrastructure, establishing global markets for natural capital and carbon offsets, and ending perverse subsidies to catalyze sustainable markets.

• The Prince of Wales proposes ten specific financial and investment actions to drive a green recovery, which include mobilizing investment in sustainable infrastructure to create a "global asset class for sustainable project financing", establishing global markets for "natural capital and carbon offsets", and scaling up emerging sustainable technologies.
• To improve sustainability assessments and alignment with the Paris Agreement, the document calls for the adoption of "unified metrics and global standards" and the provision of reliable data, citing the IBC scorecard as an example.
• The speech emphasizes the necessity of integrating nature-based solutions and carbon capture use and storage (CCUS) into corporate asset bases and supply chains, arguing that CCUS is the only way to reduce emissions at the required scale without a total ban on fossil fuels.
• The document advocates for a fundamental shift in corporate accounting and consumer engagement, specifically calling for companies to start "accounting for natural capital on companies balance sheets" and for the industry to make sustainable options the "trusted and attainable options for consumers".
• The Prince of Wales calls for the removal of "perverse subsidies" and the implementation of incentives, policies, and regulation to level the playing field for sustainable alternatives.

APA

Whiting, K. (2020). Prince Charles: 10 actions we must take to drive the green recovery. World Economic Forum. https://www.weforum.org/stories/climate-action/prince-charles-the-10-actions-we-must-take-to-tackle-climate-change/

Chicago

Whiting, Kate. Prince Charles: 10 actions we must take to drive the green recovery. World Economic Forum, 2020. https://www.weforum.org/stories/climate-action/prince-charles-the-10-actions-we-must-take-to-tackle-climate-change/.

Wikipedia

{{cite press release |last1=Whiting |first1=Kate |title=Prince Charles: 10 actions we must take to drive the green recovery |publisher=World Economic Forum |date=10 November 2020 |url=https://www.weforum.org/stories/climate-action/prince-charles-the-10-actions-we-must-take-to-tackle-climate-change/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{whiting2020prince, author = {Whiting, Kate}, title = {{Prince Charles: 10 actions we must take to drive the green recovery}}, publisher = {World Economic Forum}, year = {2020}, month = nov, url = {https://www.weforum.org/stories/climate-action/prince-charles-the-10-actions-we-must-take-to-tackle-climate-change/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }