329-169 The Ambition Loop — How Business and Government Can Advance Policies that Fast Track Zero-Carbon Economic Growth

Summary

This document provides guidance for business and Government to fast track zero-carbon economic growth. With hundreds of businesses pursuing bold climate change solutions and countries updating national climate plans in advance of 2020, the opportunity for greater ambition abounds. More and more businesses are seeing opportunity in the zero-carbon economy and taking action on climate change. Governments must use this as a strong vote of confidence and advance ambitious policies that provide companies with the clarity and confidence they need to unlock further investments in climate solutions. This is the “ambition loop” — a positive feedback loop in which bold Government policies and private sector leadership reinforce each other, and together, take climate action to the next level.

Thumbnail image for This document provides guidance for business and Government to fast track zero-carbon economic growth. With hundreds of businesses pursuing bold climate change solutions and countries updating national climate plans in advance of 2020, the opportunity for greater ambition abounds. More and more businesses are seeing opportunity in the zero-carbon economy and taking action on climate change. Governments must use this as a strong vote of confidence and advance ambitious policies that provide companies with the clarity and confidence they need to unlock further investments in climate solutions. This is the “ambition loop” — a positive feedback loop in which bold Government policies and private sector leadership reinforce each other, and together, take climate action to the next level.

Issuer

United Nations Global Compact (UNGC)

Year

2018

Region

International

Issuer (type)

United Nations Global Compact Office (International)

Policy Type

Other sustainability policy

Geographical scope

International

Mandatory or voluntary

Voluntary

Main industries targeted

Transportation & Warehousing
Manufacturing
Mining, Quarrying, Oil & Gas Extraction
Finance & Insurance

Restrictiveness

High

Sustainable Development Goals (SDGs)

SDG 1: No Poverty
SDG 2: Zero Hunger
SDG 7: Affordable and Clean Energy
SDG 9: Industry, Innovation, and Infrastructure
SDG 11: Sustainable Cities and Communities
SDG 13: Climate Action
SDG 15: Life on Land
SDG 17: Partnerships for the Goals