The UN climate conference in Paris is underway now – with governments, NGOs, businesses and civil society organizations from around the world convening to solve one of our most pressing global challenges. The role of the private sector in tackling climate change will be one of the many subjects discussed in Paris. Indeed, companies have played a unique role in helping to shift the dialogue from risk to opportunity. The business community is demonstrating that it is possible to tackle the climate challenge while creating growth and greater global prosperity.
EDF Renewable Energy’s 175–megawatt (MW) Pilot Hill wind project located in Kankakee and Iroquois Counties in Illinois has closed structured equity financing from GE Unit (NYSE:GE) GE Energy Financial Services and MetLife, Inc. (NYSE:MET) .
On December 1, 21st Century Fox announced that it has joined the American Business Act on Climate Pledge, a new initiative from the Obama Administration in which a total of 154 companies from across the American economy have committed to demonstrate their support for action on climate change and to voice support for a strong outcome to the COP21 Paris climate negotiations. The company has committed to reduce its carbon emissions, invest in renewable energy, and disclose its annual energy use.
As the 2015 Paris Climate Conference kicks off two weeks of talks between world leaders, climate experts and members of civil society on action to curb GHG emissions, we want to take this opportunity to affirm our support for the Canadian government’s effort to tackle climate change.
As the official platform for business at the climate negotiations, the Global Compact is providing daily insights on business-climate action, showing the unstoppable momentum towards a green future. Read a message from our Executive Director Lise Kingo and visit the Caring for Climate Business Forum page regularly for the latest updates and to watch the livestream of the Forum.
EDP Renewables (Euronext: EDPR), a global leader in the renewable energy sector and the world’s fourth-largest wind energy producer, today announced that it has signed a 20-year power purchase agreement with Bloomberg, the global business and financial information and news leader, for 20MW of clean energy that will be used to offset the energy use of their New York Offices.
The BSR COP21 Daily Dispatch highlights news and insights on the policy negotiations and their implications for business and a sustainable future for our climate.
Energy-efficient homes of the future have arrived and are growing in popularity. According to a report by McGraw Hill Construction, nearly one-third of new single-family homes in the U.S. will be green by 2016. They are energy and natural resource efficient, designed to reduce overall impact on human health and the environment. An increased number of consumers are going a step further and striving for net-zero energy homes that use renewable energy solutions, such as solar power systems, to offset all or most of their energy consumption. Across the country, the number of net-zero energy residential and commercial buildings doubled between 2012 and 2014 as cited by the New Buildings Institute.
Today at COP21, the French and Peruvian government’s Lima-Paris Action Agenda (LPAA) will focus on resilience. Recognizing the close connection between water and climate change, the day will feature a dedicated water segment.
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