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New climate coalition urges stronger targets as ‘greenlash’ fears mount

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By illuminem briefings

· 2 min read

illuminem summarizes for you the essential news of the day. Read the full piece on the Financial Times or enjoy below:

🗞️ Driving the news: A new climate coalition, Mission 2025, is calling for stronger climate targets as concerns grow over a "greenlash" against environmental measures
• This coalition includes businesses like Ikea and Unilever, and is supported by former UN diplomat Christiana Figueres

🔭 The context: Mission 2025 was formed in response to recent rollbacks on climate commitments by several countries and companies
• Examples include Germany's diluted proposal on greener boilers and the EU's scrapped agricultural emissions target

🌍 Why it matters for the planet: The coalition emphasizes that ambitious climate plans are crucial to limit global temperature rises to 1.5°C above pre-industrial levels, a target necessary to prevent catastrophic climate impacts

⏭️ What's next: Mission 2025 urges governments to strengthen their nationally determined contributions (NDCs) by 2025
• These plans should include comprehensive policies for all sectors and clear financing strategies to achieve climate goals

💬 One quote: "Ambitious NDCs are absolutely necessary," said Christiana Figueres, highlighting the need for clear governmental policies to support business investments in decarbonization

📈 One stat: The UN development programme poll found that 80% of people globally want stronger action from their governments to tackle the climate crisis

Click for more news covering the latest on climate change and ethical governance

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