Giving Compass’ Take:
• Bill Weihl advocates for companies to use their influence to push climate policies in the economies and regions in which they work.
• How can donors help prepare for a carbon-neutral future?
• Read about making businesses carbon-neutral.
The IPCC has given us pretty clear guidance for what needs to happen: To have a decent chance of keeping warming below 1.5 degrees Celsius, we need to decarbonize 45 percent (below 2010 levels) by 2030 and 100 percent by 2050. This is daunting, to say the least.
So we need to act — quickly, and at scale. I want to focus here on what we need companies to do to help society decarbonize at a rate aligned with the science.
It’s time for companies to make the leap from action to advocacy. Hundreds (perhaps thousands) of companies have been acting on climate, decarbonizing their own operations and even their supply chains. We need them to step up and advocate for policies that will scale those same solutions to the economy as a whole.
It’s time for companies to move from focusing on science-based targets for their own operations to supporting science-based policies in every region where they operate.
What would a science-based policy agenda look like for a company? A few principles to keep in mind:
- It needs to be aligned with the latest science. One study claiming that it will achieve the needed decarbonization rates is not enough, especially if said study is funded by interest groups wedded to one outcome.
- It should be rooted in climate justice. We can’t continue to perpetuate the environmental and economic injustices caused by decades of dirty energy development.
- It needs to be politically possible. Support for a policy that fits your ideological leanings, but can’t be enacted, isn’t helpful.
- It needs to drive transformational change across the economy, not just incremental progress. That’s what’s needed if we want to keep warming below 1.5 degrees Celsius.
- It needs to be reasonably certain to hit the IPCC targets, especially the 2030 goal of 45 percent decarbonization.
Read the full article about how it’s time for companies to make the leap from action to advocacy by Bill Weihl at GreenBiz.
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