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Business leadership for a climate neutral economy

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Resilient recovery knowledge hub

June 2020 – This knowledge hub includes thought leadership from the Corporate Leaders Group Europe and the Prince of Wales’s Corporate Leaders Group on how policymakers and business leaders can back a green economic recovery that puts Europe on the path towards climate neutrality.

Background


The world has experienced an unprecedented social and economic shock as a result of the spread of Covid-19 into a global pandemic. The tragic implications of the healthcare crisis has forced countries to declare ‘lockdown’ measures, and close down schools, shops and factories, resulting in a sharp decline in economic activity.

In response, policymakers are putting together recovery packages to build more resilient economies. These recovery packages must however build back better - they need to be socially and environmentally responsible, supporting decarbonisation and delivering an economy that works for people and avoids repeating the mistakes made in the aftermath of the 2008 financial crisis.

The transition to climate neutrality by 2050 at the latest, and an increase of the EU emissions reductions target to at least 55 per cent for 2030, remains critical. It is in no one’s interest that the response to the Covid-19 pandemic undermines efforts to address the challenge of climate action, which is well aligned with action to restart the economy and build new industries, delivering better health outcomes, and more pleasant places to live.

This knowledge hub captures the work of the Corporate Leaders Groups in demonstrating why it is essential to ensure the economic recovery is consistent with the achievement of long-term climate objectives, including climate neutrality by 2050 at the latest.

 

Key themes


The Green DealThe report sets out four key areas where combined business and political action can support a strong recovery that addresses both the social and economic crisis from Covid-19 and the wider climate and environmental crisis.

CLG UK: More than 200 leading businesses urge UK Government to deliver a clean, inclusive and resilient recovery plan 

UK CLGOver 200 leading UK businesses, investors and business networks call on the UK Government to deliver a Covid-19 recovery plan that builds back a more inclusive, stronger and resilient UK economy.

CLG Europe: Rapid reaction and analysis of Next Generation EU, the proposed €1.85 trillion recovery plan for Europe

EU Recovery PackageCLG Europe analyses the EU Recovery Package proposed by the Commission on 27 May 2020.

CLG Europe urges EU to maintain its climate ambition

CLG Europe letter CLG Europe underlines its strong support for the EU’s climate ambition and the Green Deal as the EU’s growth strategy in letters to Commission President Ursula von der Leyen and EU Ministers.

Thought leadership on resilient recovery 

Thought leadership on resilThought leaders call for compassionate leadership and a continued commitment to climate neutrality to build back better.

Covid-19 and creating the future we want

CityscapeDame Polly Courtice, Director of the Cambridge Institute for Sustainability Leadership (CISL), reflects upon the impact of Covid-19 on business, society, and our collective future.

 

  

 

 

The Corporate Leaders Groups Europe (CLG Europe) strongly supports the EU’s climate ambition and the Green Deal as the EU’s growth strategy. Over recent weeks, CLG Europe, its members and its network of sister groups across the EU, have worked extensively to build business support for a green recovery through initiatives like the Green Recovery Alliance, led by MEP Pascal Canfin, Stiftung 2° in Germany, Entreprises pour l’environmnent in France, the Spanish Green Growth Group, the Dutch Sustainable Growth Coalition and the Center of Energy Efficient Solutions in Slovenia. As a founding member of the We Mean Business Coalition, we support the international Build Back Better campaign.

In the UK, The Prince of Wales’s Corporate Leaders Group has led coordination on behalf of the UK Business Group Alliance for Net Zero of an open letter from over 200 business leaders to the Boris Johnson, urging the UK Prime Minister to provide clear vision for recovery efforts that align with the UK's wider social, environmental and climate goals.


Helping the next generation of EU decision-makers take action to deliver a prosperous, innovative, climate neutral economy.

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Thought leadership on how policymakers and business leaders can back a green economic recovery.

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