A coalition of real economy leaders called “Mission 2025,” made up of mayors, governors, CEOs, investors and residents, has launched a campaign urging governments to align their next national climate plans with the Paris Agreement goal of limit global warming to 1.5°. c.
This IndiatI have It comes less than a year before the crucial February 2025 deadline, when countries must submit enhanced climate plans (nationally determined contributions) to the United Nations for the period 2025-2035.
Mission Statement 2025, supported by C40 Cities, is co-signed by the heads of leading organizations and companies such as IKEA, Unilever, The B Team, C2ES, Climate Crisis Advisory Group, Climate Group, Club of Rome, E3G, ECF, WBCSD, We Are. Family Foundation and We Mean Business Coalition. These organizations, at the forefront of business and subnational action, stated:
We are willing to encourage governments to set more ambitious plans and accelerate their implementation. We know this can unlock trillions in private investment to protect our nature, scale up cheap renewable energy, support industries to compete in a low-carbon economy and safeguard living standards equitably for our people.
– Mission 2025 Coalition
These organizations highlight that governments can be encouraged by the rapid progress already being made towards a 1.5°C aligned economy. This argument is reinforced by new data from the Net Zero Tracker, which indicates that more than two-thirds of the annual revenues ($31 trillion) of the world's largest companies are now aligned with net zero, representing an increase 45% in just two years. . Additionally, WBCSD reports that 55 companies, with revenues of more than $4.4 trillion, have published transition plans consistent with the science-based pathways of the Task Force on Climate-Related Financial Disclosures.
Mission 2025 responds to analysis from the Energy Transitions Commission, which shows that the rapidly falling costs of clean technologies and the proven viability of other solutions mean that countries can collectively almost triple their ambition and lead the world towards a path of 2°C when considering commitments. The progress made and the progress made since the previous plans were presented in 2021.
Christiana Figueres, co-founder of Global Optimism, said: “The launch of Mission 2025 today is a clear rebuttal to all those who claim that moving faster to address the climate crisis is too difficult, too unpopular or too costly. The ambition expressed by the mayors, investors and businesses of this coalition should give governments the confidence to align their 2025 climate plans with the goals of the Paris Agreement.”
Mark Watts, CEO of C40 Cities, said: “75% of C40 cities are cutting their per capita emissions faster than their respective national governments and all C40 members have action plans to align their economies with 1.5°C as a condition of membership. This is the path to future shared prosperity, creating millions of good green jobs and charting a just transition out of the inequality and pollution of the fossil fuel era. We urge governments to seize the opportunity to create plans aligned with 1.5°C and to achieve these shared national goals by partnering meaningfully with local and regional governments, philanthropy, business, unions and civil society to achieve them.”
