Who are the members of Climate Action?
Climate Action was established in 2007 to facilitate partnerships between business, government policy makers, multinational organizations, and NGOs. Our aim is to accelerate international sustainable development and advance the green economy. We have a unique contractual partnership with the United Nations Environmental Partnership.
“The private sector needs to understand that green business is also good, profitable business.”
Nick Henry, CEO, Climate Action
How important is private sector innovation to fight climate change?
We believe that businesses are crucial in combating climate change through innovative technologies and finance. We launched Climate Action because we were frustrated that governments and businesses were not working together. Unless business participates and can deliver on the technologies, we are not going to achieve our climate targets.
Where is more action needed?
We need more finance. That is crucial because without finance we will not hit the target of holding warming below 2°C. We have approximately 20% of the finance in place for meeting that target, so there is a huge gap.