| Hi there,
2017 has been a momentous year for the global climate effort.
In the wake of Donald Trump’s election as US President in late 2016, and his subsequent announcement of the US’ intention to withdraw from the Paris Agreement, some feared a rollback of climate policy this year, as governments and businesses used the political uncertainty as an excuse for complacency.
In fact, we saw the opposite, as companies, cities and investors forge the way forward towards a sustainable economy for all. Offering consistency in a time of uncertainty, in 2017 companies, cities and investors became the bedrock of action on climate change.
From the uptake in companies reporting to CDP on climate change, water and forests, to the hundreds who have committed to set science-based targets, and an internal price on carbon, from the US companies and cities filling the void left by the US withdrawal from the Paris Agreement, to China’s launch of a national emissions trading system and the World Bank decision to end investments for upstream oil and gas projects I’ve been inspired by the scale of momentum now being shown for climate action.
If the last 12 months have shown me anything, it’s that the transition to a sustainable economy is now inevitable, and I’m excited for CDP to continue to work into 2018 to transform the pace and scale of the global transition.
The more steps we take and the faster we take them, the quicker we will complete this global transformation. We’ve set the direction, now we need to set the pace.
Together, we can reach a tipping point.
Read my full take on 2017.
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