INGENIEUR
What Others Say About Environment
By Samniang Saenram
REPORT
UN Global Compact launches Climate Ambition Accelerator ( Source : UNEP )
With 500 companies already committed to the Business Ambition for 1.5 ° C campaign , the United Nations Global Compact has launched the Climate Ambition Accelerator , a six-month learning programme to equip more companies with the knowledge and skills they need to help halve global emissions by 2030 and to reach netzero by 2050 .
“ This is a make-or-break year to confront the climate emergency . Meaningful actions taken by businesses collectively now have the power to limit global warming to 1.5 ° C . Our new Climate Ambition Accelerator enables more companies in our Local Networks to join the transition to a netzero future and get started in setting ambitious , credible , science-based targets ,” said Sanda Ojiambo , CEO & Executive Director of the UN Global Compact .
Led by the UN Global Compact with support from patrons Ørsted and Natura & Co , and sponsored by En + Group , the Climate Ambition Accelerator aims to scale-up credible climate action across companies of all sizes , sectors and regions , to enable them to set and deliver on meaningful commitments to reduce emissions and deliver on the Paris Climate Agreement .
The new programme builds on the UN Global Compact ’ s work to develop and promote the Science Based Targets initiative and the Business Ambition for 1.5 ° C campaign . It also complements the Global Compact ’ s existing environmental sustainability efforts such as the Action Platform on Climate Ambition , the Sustainable Ocean Business Action Platform and the Water Resilience Coalition , which in turn contribute to the Race to Zero and Race to Resilience campaigns in the lead up to COP26 .
Through the Global Compact Local Networks around the world , companies participating in the Climate Ambition Accelerator will gain access to best practices , peer-to-peer learning opportunities , capacity building sessions and on-demand training . The Climate Ambition Accelerator aims to engage 750 companies , including SMEs , across industries in more than 25 countries to focus on setting science-based targets . Companies of all sizes are encouraged to apply for the accelerator programme at unglobalcompact . org / climateambition-accelerator .
Mads Nipper , CEO of Ørsted said : “ Companies can and must be catalysts for green action . We believe that the companies that will thrive in 10 or 20 years from now , are those that take a fundamentally sustainable approach . That ’ s why Ørsted is honoured to be a patron of the UN Global Compact ’ s Climate Ambition Accelerator , which aims to help companies put carbon reduction at the heart of their business . By sharing insights on how Ørsted has transformed sustainably and performed well at the same time , we hope to inspire companies globally to engage in a faster green transformation ."
Roberto Marques , Executive Chairman and Group CEO for Natura & Co said : “ This is the decade for action to address the climate crisis and we have no time to lose . Every business needs to commit to a better , more sustainable future . It may be challenging to understand where to begin or how to get there . That ' s why the launch of the Climate Ambition Accelerator is so important . It will help companies to act , move faster , be more accountable , and to ultimately reach their net zero goals .”
High-Level Commission on Carbon Prices ( Source : Carbon Pricing Leadership Coalition )
The High-Level Commission on Carbon Prices ’ objective is to identify indicative corridors of carbon prices that can be used to guide the design of carbon-pricing instruments and other climate
74 VOL 87 JULY-SEPTEMBER 2021