Volans is delighted to be one of the signatories of the Trillion Tonne Communiqué. This supports the global call from business for a policy response to the increasingly explicit (and worrying) scientific warnings of the risks posed by the continuing rise in atmospheric greenhouse gases.
The logic is that if atmospheric emissions exceed more than a trillion tonnes of carbon from CO2 then the global average temperature increase is likely to exceed 2°C. We are already over half way there.
Signatories believe that climate risks can be successfully managed and that the transition to a net-zero emission economy can be delivered in ways that create new business opportunities, with manageable costs. We urge companies to join the global call and sign the Communiqué.
As readers hopefully know, 2014 will be an important year for action on climate change, from the release of the final sections of the UN’s Intergovernmental Panel on Climate Change’s fifth assessment report (IPCC AR5) to the UN Secretary General Ban Ki Moon’s Climate Summit of world leaders in September.
The Prince of Wales’s Corporate Leaders Group aims to help build momentum for global action by publishing the Communiqué. This is a global ‘call to arms’ from businesses who take the science of climate change seriously and are demanding a proactive policy response.
By way of context, in 2012 The Prince of Wales’s Corporate Leaders Group released The Carbon Price Communiqué. In the process, business leaders made the case for a strong carbon price as a tool that can deliver appropriate carbon emission reductions.
The Carbon Price Communiqué is still open for sign-up alongside The Trillion Tonne Communiqué as a clear and transparent price on carbon emissions remains one of the main building blocks of a cost-effective, pro-business policy framework for climate change. For more details, see here.