Engage your business in collaborative climate action
With a solid framework and clear agenda, LCTPi is a unique, action-oriented programme that brings together companies and partners to accelerate the development of low-carbon technology solutions to stay below the 2°C ceiling.
Led by the World Business Council for Sustainable Development (WBCSD) in partnership with the International Energy Agency (IEA) and Sustainable Development Solutions Network (SDSN), LCTPi has gathered over 150 global businesses with 70 partners to work collaboratively on the climate challenge.
The buy-in of business CEOs to the LCTPi process is critical and it is the CEOs who sign a statement agreeing the ambition.
As LCTPi was launched during 2015, meetings were held in Paris, Durban, Sao Paulo, New Delhi, New York, Beijing and London, where the ambition and action plans were shared and shaped with the inputs of a broad set of stakeholders.
Nine LCTPi Focus Areas were developed: Climate Smart Agriculture, Forests as Carbon Sinks, Cement, Chemicals, Carbon Capture & Storage, Renewables, Low Carbon Transport Fuels, Low Carbon Freight and Energy Efficiency in Buildings. According to the PwC Impact Assessment published in November 2015, these projects could, if fully implemented, contribute 65% of the emission reductions needed in 2030 to prevent more than 2°C of warming.
But there is more that can be done. The LCTPi process is open to establish new working groups where there is business leadership and willingness from a group of companies to work together.
The LCTPi process facilitates the co-creation of a shared vision of the contribution of the sector and it leads to an agreement of the ambition, i.e. how much can the sector contribute to the 2°C goal be it via reduction of its own emissions or, in the case of some sectors, by providing solutions that support other sectors to reduce their emissions. This should be backed up by robust data. Once the ambition is agreed, companies identify the main barriers to achieving their shared ambition. Finally, companies agree on a joint action plan to remove those barriers and scale up solutions.
Importantly, the LCTPi process is a collaborative process. It is this collaboration between the companies in the project group, and the support at CEO level, which produces the shared vision, statement of the ambition and the essential collective energy to drive change.
If you are interested to join an existing working group, please contact the group leader. Contact details can be found on the working group pages which are linked from the Focus Areas below.
If you would like to discuss establishing a new LCTPi working group, please contact Maria Mendiluce, Managing Director of Climate and Energy at WBCSD at: firstname.lastname@example.org