Preventing continued global warming – and the likelihood of irreversible changes in the climate system – will require further action, according to the most recent global climate benchmark study United in Science 2022. Additional funding must be part of the solution. Climate financing is a critical driving force in our ability to achieve ambitious sustainability goals set by global governments, multilaterals, and NGOs. Serving as a trusted partner, BCIU actively contributes to solving this challenge by facilitating dialogue, cooperation and action across sectors and regions, unlocking the power of partnerships and accelerating progress toward critical environmental objectives. In addition to climate finance, our sustainability programming areas of focus include: decarbonization, adaptation, the energy transition, plastics, packaging, and the expansion of hydrogen solutions.
BCIU panel during COP27 in Sharm El-Sheikh, Egypt, on Climate Mitigation Through Increased Adoption of Electric Vehicles, featuring members AES, GM and UPS.
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Earlier this year, the Intergovernmental Panel on Climate Change (IPCC) released a report, “The Mitigation of Climate Change,” to examine what can be done to limit and prevent human-generated emissions that cause global warming.
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The next decade is a critical moment in history: a turning point to establish the policies and investments necessary to limit the global average temperature to the Paris Agreement goal level of 1.5 degrees Celsius. It’s also a critical moment to begin to adapt to a warmer world.
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Climate change is an undeniable reality, and the reduction of greenhouse gas emissions must be an urgent short- and long-term priority for both the public and private sector.
If you are interested in learning more about our climate and sustainability programming, please contact Brian Dershowitz at bdershowitz@bciu.org.