Prompted by the Paris Agreement and the need to reduce greenhouse gas emissions at a faster pace, governments across the world are reviewing their initial ambitions, and looking at what is required to deliver on the goal of ‘net zero’ emissions. Achieving this goal requires further discussion, with every sector and region involved. Business has a unique and crucial role to play, and as public debates gather momentum at national, European and international levels, businesses will be expected to change their operations in order to deliver on this vision.The Corporate Leaders Groups are calling on governments to set net zero goals in line with the Paris Agreement, and are working to lead their business peers to work with governments on what a net zero economy could look like. |
Market opportunities emerge as Central and Eastern Europe race to catch up with EU energy transition, finds new report
March 21 2019 – Regional energy context offers opportunities for companies and policymakers that are distinct from Western Europe, according to The Prince of Wales’s Corporate Leaders Group.
The energy transition in Central and Eastern Europe: The business case for higher ambition
March 2019 – The transition towards a zero carbon economy provides Central and Eastern Europe (CEE) with significant opportunities to deliver better public health, improved quality of life and economic prosperity, as well as positive climate outcomes. This new report from The Prince of Wales’s Corporate Leaders Group (CLG) explores the emerging economic opportunities and challenges relating to the transition to low carbon, resource efficient economies in three core areas: energy efficiency in buildings, renewable energy, and mobility. It puts forward recommendations for companies and governments in the region to address the current challenges and fully realise the economic opportunities of the energy transition.
Unique coalition calls upon EU to ramp up climate action
18 March 2019 – A unique gathering of businesses, investor groups, local and regional authorities, trade unions and civil society groups, standing together as the Coalition for Higher Ambition, published an open letter calling on the EU to ramp up climate action.
Blog: A long-term vision for a climate neutral EU can jumpstart a faltering European economy
4 March 2019 – Top business leaders believe that the transition to a climate neutral economy will create new opportunities for Europe. As EU energy and environment ministers meet in the coming days, they must realise this and adopt policies for the long-term, say Eliot Whittington, Director, Corporate Leaders Group.
Business leaders urge member states to endorse net zero by 2050 to secure a competitive future for Europe
18 February 2019 – The Prince of Wales Corporate Leaders Group has issued a position statement in support of the EU Long Term Strategy and is calling on EU Member States to secure Europe’s competitiveness by prioritising net-zero goals by 2050.
Briefing: Ten years of UK climate action under the Climate Change Act
January 2019 – The United Kingdom (UK) Climate Change Act received royal assent on 26 November 2008, creating a legal architecture for British climate action that was unprecedented in its scope, scale and ambition. The UK Climate Change Act has since been emulated by many other countries. This briefing looks at what has changed in the ten years since the UK Climate Change Act was passed.
Blog: How climate action is transforming the very fabric of business
18 December 2018 – Karl Henrik Sundström is CEO of StoraEnso, a provider of renewable solutions in packaging, biomaterials, wood construction and paper and member of The Prince of Wales’s Corporate Leaders Group. Here he reflects on the need for governments to publically commit to net zero carbon emissions to lay down the indicators of success for businesses.
Blog: How Europe can lead the way to a prosperous, zero carbon economy
28 November 2018 – Eliot Whittington, Director of The Prince of Wales’s Corporate Leaders Group reflects on the EU’s opportunity to become the first major economic region to formally commit to the rapid and complete decarbonisation necessary to create a stronger and more circular economy.