Businesses, investors, cities and regions representing $11 trillion pledge to meet or exceed Paris Agreement goals

Reading time: 4 minutes
16 December 2015

LONDON: Following the agreement of the first universal climate deal at COP21 in Paris last week, today a group of the world’s biggest cities, regions, companies and investors came together to pledge urgent implementation of the Paris Agreement goals.

Over 400 businesses, 120 investors, 150 cities and regions representing 700 million people and US$11 trillion have signed the Paris Pledge for Action, also called the L’Appel de Paris, which was organized by the COP21 French Presidency.

The collective statement welcomes the global climate deal and promises to work to ensure goals in the Paris Agreement are "met or exceeded.” The statement sends a clear message that these powerful non-state actors are ready to work with national governments to implement the climate deal, which aims to curb global temperature rise to well below 2 degrees Celsius and raise ambition before the Agreement kicks in from 2020.

Many of the signatories are members of The Climate Group’s projects, including RE100 businesses like Mars, Kellog’s and Unilever, and governments that are part of our States & Regions Alliance including Scotland and California, as well as the Under 2 MOU of which we are now the Secretariat and We Mean Business, which The Climate Group is a founding member of.

French Foreign Minister Laurent Fabius, President of COP 21, said: "Non-state actor leadership is key to the success of COP21 and to the effective transition to a low-emissions and climate-resilient future. The world needs you to step up and rise to the challenges of climate change and sustainable development. This is why I strongly encourage you to take bold actions and make ambitious commitments, both individually and collectively, register them on NAZCA, and sign on to the Paris Pledge for Action, to make sure the commitments made in Paris by governments are achieved or evenexceeded."                                                                                                                                                                                       

Christiana Figueres, Executive Secretary of the UN Framework Convention on Climate Change, said: “COP21 was a landmark, and not just for the Paris Agreement by governments. The extraordinary momentum witnessed before and during the UN conference by cities, provinces, regions, companies and citizens was also a hallmark.

“The Paris Pledge for Action is about taking that momentum to the next level in support of nations as they work towards raising ambition up to 2020 and well beyond—it is about building ever more support by non-state actors who are aligning with government policy as never before.”

Commenting on the Paris Agreement this weekend, Mark Kenber, CEO at The Climate Group, said: “The announcement of the global climate deal is undoubtedly a momentous result from Paris and a watershed moment for humanity. It will enable us to unlock the trillions of dollars of investment needed to support a thriving low carbon economy. And this is only the beginning. What’s clear today is that the world has changed: a low carbon future is now inevitable, irresistible and irreversible."

Non-state actors from around the world are invited to join the Paris Pledge for Action.

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