CLIMATE ACTION AGENDA

With the increasing urgency of the climate change agenda, the CEOrt recognizes the opportunity for business leaders to take the lead in driving responsible climate action. Furthermore, Private Sector leaders are now being held more accountable to ensure the adoption of investments that accelerate decarbonization and investing in sustainable solutions as per Sustainable Development Goal 13, which calls for urgent climate action.
Challenging its members to be bold and brave, the CEOrt looks to drive the narrative for companies to respond to climate change and harness the opportunities for competitive advantage and unlock new market opportunities.
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FACTS

Over 1 million species are at risk of extinction by climate change. With the increasing urgency of the climate change agenda, we recognize the opportunity for business leaders to take the lead in driving responsible climate action. We explored this in detail at our recent members’ engagement with keynote speaker H. E. David Concar, British High Commissioner.

Exploring Business Opportunities Presented by Climate Change

The scientific evidence on climate tipping points has become too risky to bet against as the growing threat of irreversible climate change creates a compelling story for political and economic action on emissions. The Government of Tanzania has also committed to targeting 30-40% carbon reduction by 2030. So, what is the role of the private sector here? In decarbonizing our economies, there is definitely an opportunity for business leaders to drive the climate change agenda by prioritizing environmental impacts. Recycle signs and garbage bins will not cut it – low-carbon transition creates opportunities for efficiency, innovation, and growth in business. Tanzania already has amazing natural assets, offering new opportunities for businesses to seize.

The 26th UN Climate Change Conference of the Parties (COP26) is about a month away, but we need to inspire climate action starting now. Collective efforts are necessary to make a measurable difference, and this is the time for business leaders to boldly step up and transform how we conduct business as usual to secure a more cleaner and resilient future. We would not be doing it just for ourselves or our country; we’d be doing what’s right for the world and for generations to come.