In the weeks leading up to One Planet, President Emmanuel Macron of France pushed hard to build it up as a major summit. In addition to at least two dozen heads of state or government, figures on hand included billionaires Bill Gates, Mike Bloomberg and Richard Branson, and actors Arnold Schwarzenegger and Sean Penn.

The summit was a show of international political muscle for the 39-year-old Macron, just seven months after he was elected. By helping France remain a leader in the climate negotiation process, he is setting up Paris as a capital of sustainable finance capital. New York and London, which until recently might have been more likely choices, have fallen from favor because of the President Donald Trump’s climate skepticism and Brexit, respectively. Monday’s Climate Finance Day event, which set the stage for Tuesday’s One Planet summit, could become an annual event in Paris.

Macron was beaming as the event would down Tuesday, stating that the world would look back on this week’s events as a “turning point.”

If so, it’s a slow turn. A report released on the sidelines of the summit by InfluenceMap, a monitoring group, showed that only six of the world’s top 50 industry groups supported measures to limit climate change. Those with a failing grade include the Federation of French Industry (MEDEF) and the Federation of German Industries (BDI).

Among the world’s 25 largest companies, only one  —  Apple  —  was seen as having a net positive impact on the climate.

Read the full article about One Planet's climate change takeaways at ImpactAlpha.