There is unprecedented, international support to address climate change. The Paris Agreement – a global and legally binding agreement to reduce greenhouse gas emissions to limit global warming to well below 2oC – has gathered sufficient momentum to enter into force in less than a year. The Sustainable Development Goals provide clear 2030 goals on a range of environmental and social issues – including goal 13 which is an explicit requirement to combat climate change. And recently, the international community reached two more milestone agreements, one on limiting international carbon emissions from aviation, and one on reducing HFCs – one of the more potent greenhouse gases. The challenge is now twofold: to ensure business, governments and civil society work together to deliver on the existing commitments, and to start working towards ratcheting up ambition ahead of the first review period in 2018.
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Source: World Economic Forum