Climate action and sustainable recovery to curb the consequences of Covid-19

150 major corporations from around the world are joining forces to urge world leaders to find a way out of the economic crisis caused by the consequences of Covid-19, focusing on the 2030 Agenda.

The scars of the health crisis stemming from the novel coronavirus pandemic are becoming visible in every country in the world. Even with this socio-health problem still raging, and despite the fact that the search for a vaccine or treatment still seems distant, concern is being shared regarding the socio-economic consequences that this pandemic is beginning to have on the economies of all countries. That is why, in order to mitigate the consequences of COVID-19, 150 major corporations from 33 countries have joined together in a joint statement to request that the solution to this economic crisis be investment in the so-called 2030 Agenda.

“Uniting businesses and governments for a better recoveryThis initiative is promoted by the “Science Based Targets” initiative, a movement that seeks to limit the increase in the planet’s temperature to a maximum of 1.5 degrees Celsius, and is supported by the United Nations, as well as major players in climate action and energy. This group of representatives argues that while the health crisis continues to wreak havoc on our societies, “we continue to face a global climate emergency with irreversible impacts on people and all the natural systems that sustain us.”

Thus, the signatories demand that “as countries work on economic aid and recovery packages in response to COVID-19 and as they prepare to submit environmental plans withimprovements at the national levelIn accordance with the Paris Agreement, we are calling on governments to reimagine a better future based on robust climate action. While setting ambitious corporate emissions reduction targets through the Science Based Targets initiative and the Business Ambition for 1.5°C campaign, we also remain committed to doing our part to achieve a resilient zero-carbon economy.

To that end, this letter puts forward three main pillars to tackle both the health crisis and the climate emergency:

• Science-based decisions and actions
• Investment in recovery for a systemic socioeconomic transformation
• Working with governments and expanding the movement

You can view the letter at the following link: