'Mission Possible' is born in Davos: a "coalition" that brings together over 400 companies to accelerate the "decarbonization" of heavy industry and transport, two sectors that contribute greatly to climate change.
It involves customers, suppliers, banks, shareholders and authorities - in line with the concept of 'stakeholder capitalism' born at the World Economic Forum - and aims at net zero emissions.
Backed by broad-shouldered lenders like the Bezos Earth Fund and Breakthrough Energy.
This was announced by the WEF - among the four main partners together with the Energy Transitions Commission, the Rocky Mountain Institute and the We Mean Business coalition, on the occasion of the Davos Agenda 2021. The coalition against climate change was born on the foundations laid by the UN secretary general , Antonio Guterres, at the 2019 climate summit to bring seven sectors of heavy industry - from steel to aviation to shipping - to reduce their CO2 emissions.
"The Partnership - communicates the WEF - will help a greater number of industrial sectors to mobilize resources, align themselves with a greater number of organizations and accelerate the race towards zero emissions. This initiative will help CO2-intensive industries to reach their goals and realize the systemic change necessary to realize a clear path towards zero emissions ".