Supercharging public-private efforts in the race to net-zero and climate resilience

The Alliance of CEO Climate Leaders urges G7 and global leaders to implement bold policy frameworks to achieve net-zero emissions by 2050. While noting that one-fifth of the world's largest 2,000 public companies have committed to net-zero targets, the Alliance argues that government action is essential to scale these efforts. They call for 1.5°C-aligned Nationally Determined Contributions, the elimination of fossil fuel subsidies, the implementation of carbon pricing, and increased funding for green technology and climate adaptation. The document highlights that failing to mitigate climate change could reduce global GDP by 18% over 30 years, whereas greening energy could create 18 million jobs by 2030.

• A significant portion of the global corporate sector has committed to climate goals, with at least 20% of the 2,000 largest public companies worldwide pledging to reach net-zero targets by mid-century or earlier.
• The Alliance of CEO Climate Leaders identifies several critical policy interventions required from governments to enable full decarbonization, including the publication of 1.5°C-aligned Nationally Determined Contributions that halve emissions by 2030, the removal of fossil fuel subsidies, and the creation of market-based carbon pricing mechanisms.
• The document advocates for sector-specific government actions: phasing out coal in the power sector, promoting electrification in transport, accelerating building renovations, supporting circularity in industry, and eliminating deforestation in land and agriculture.
• There is a stark economic contrast between inaction and transition; failing to mitigate climate change could result in a global GDP shrinkage of up to 18% over the next 30 years, while greening energy production and use could generate 18 million additional jobs by 2030.

APA

World Economic Forum (2021). Supercharging public-private efforts in the race to net-zero and climate resilience. https://www.weforum.org/stories/climate-action/supercharging-public-private-efforts-in-the-race-to-net-zero-and-climate-resilience/

Chicago

World Economic Forum. Supercharging public-private efforts in the race to net-zero and climate resilience. 2021. https://www.weforum.org/stories/climate-action/supercharging-public-private-efforts-in-the-race-to-net-zero-and-climate-resilience/.

Wikipedia

{{cite press release |author=World Economic Forum |title=Supercharging public-private efforts in the race to net-zero and climate resilience |date=9 June 2021 |url=https://www.weforum.org/stories/climate-action/supercharging-public-private-efforts-in-the-race-to-net-zero-and-climate-resilience/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{worldeconomicforum2021supercharging, author = {{World Economic Forum}}, title = {{Supercharging public-private efforts in the race to net-zero and climate resilience}}, publisher = {World Economic Forum}, year = {2021}, month = jun, url = {https://www.weforum.org/stories/climate-action/supercharging-public-private-efforts-in-the-race-to-net-zero-and-climate-resilience/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }