The current pledges and actions are falling short and the window to keep climate change in check is shrinking. We need to increase ambition and mobilise climate finance to lower greenhouse gas emissions drastically to reach internationally ratified targets such as the Paris Agreement and the Sustainable Development Goals (SDGs).
Beyond the moral drivers, it is becoming imperative for businesses to take action in order to continue their operations, for example building resilient supply chains and mitigating financial risks, or maintaining consumer trust. Moving capital towards climate-smart solutions opens doors to many opportunities and can be a long-term growth driver.