What all businesses can do now to take immediate climate action with Talanoa Dialogues

BITCI News - Environment - Oct 30, 2018

Last month Business in the Community Ireland participated in Natural Capital Partners’ Talanoa Dialogue.The Talanoa Dialogue is a United Nations Framework Convention on Climate Change (UNFCCC) initiative to gather private sector and civil society views on how to accelerate progress towards net zero emissions. Natural Capital Partners hosted round-table discussions across Europe and the U.S. with 61 corporates with collective revenues of $1.3 trillion.The corporates described seven ways they are taking climate action,described in the ‘Imprinting Net Zero’ model.

It outlines what all businesses can do now to take immediate climate action and what climate leaders can do to extend impact and commercial opportunity. In addition, it identifies that government action is necessary to unlock the full potential of private sector action: offering up 10 recommendations to the UNFCCC.

The report finds:

• There are seven ways that businesses are ‘Imprinting Net Zero’
• The first three take business to net zero emissions and the second four enable climate leaders to extend their impact and commercial opportunity
• Government action is necessary to unlock the full potential of private sector action and there are 10 recommendations for the United Nations Framework Convention on Climate Change (UNFCCC)

The report is based on:

• Round-table discussions across Europe and the U.S. with 61 corporates with collective revenues of $1.3 trillion
• A unique contribution to the Talanoa Dialogue, a UNFCCC initiative to gather private sector and civil society views on how to accelerate
progress towards net zero emissions.

Read more at naturalcapitalpartners.com/talanoa. 


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