More than 180 companies have issued the 2˚C Challenge Communiqué, calling on governments to take decisive action on climate change.
The communiqué has been written and delivered by business leaders from sectors including energy, mining, and manufacturing.
The authors say that climate change threatens to ‘undermine global prosperity and inflict significant social, economic and environmental costs on the world’.
Their aim is to influence governments ahead of the 17th Conference of the Parties to the UN Framework Convention on Climate Change (UNFCCC), which will take place in Durban in December.
Speaking ahead of the launch, Christiana Figueres, chair of the UNFCCC negotiations, said: ‘Governments have already established a clear, collective path to a low-carbon future but the world will need to cut emissions faster in the coming years to meet the full challenge of climate change.
‘The companies endorsing the 2˚C Challenge Communiqué set a great example. Corporate leadership that provides powerful vocal support for action gives governments the greater confidence they need to move forward a global climate change agreement that will ultimately cover the current ambition gap.’