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One Planet Summit in Paris to accelerate climate action

Written by Gregor Erbach,

The Eiffel Tower in Paris, France

© Roman Sigaev / Fotolia

Two years after the Paris Agreement on climate change was concluded, world and business leaders gather in Paris today for the One Planet Summit, an initiative of French President Emmanuel Macron together with World Bank President Jim Yong Kim and UN Secretary-General António Guterres. Partners include the European Commission, the UN Framework Convention on Climate Change, the OECD and the Global Covenant of Mayors as well as regions, cities and companies. A main focus of the event will be on innovation in public and private finance to support and accelerate efforts to fight climate change.

The agenda includes panel discussions on the scaling-up of finance for climate action, greening finance for sustainable business, accelerating local and regional climate action, and strengthening policies for ecological and inclusive transition. The event aims at encouraging public and private actors to develop new and tangible actions and ideas (ClimActs) to innovate, to roll out solutions, and to support communities vulnerable to climate change.

The summit was preceded by a climate finance day to take stock of climate action in the financial industry and showcase recent climate initiatives and innovations in this sector.

Today’s summit follows the COP23 climate change conference in Bonn (6-17 November) and a high-level conference on financing low-carbon energy in the European Parliament (7 November). All these events send a clear signal that nations, regions, cities, companies, and civil society remain committed to climate action, despite the intention of the United States to withdraw from the Paris Agreement.

 

Discussion

One thought on “One Planet Summit in Paris to accelerate climate action

  1. Reblogged this on Green Living 4 Live.

    Like

    Posted by greenl4l | December 15, 2017, 20:12

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The content of all documents (and articles) contained in this blog is the sole responsibility of the author and any opinions expressed therein do not necessarily represent the official position of the European Parliament. It is addressed to the Members and staff of the EP for their parliamentary work. Reproduction and translation for non-commercial purposes are authorised, provided the source is acknowledged and the European Parliament is given prior notice and sent a copy. Copyright © European Union, 2014. All rights reserved

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