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Fortune
Fortune
Sanda Ojiambo, Solange Ribeiro, Jesper Brodin

COP30: The private sector's make-or-break moment for a 1.5°C future

Cop30 (Credit: COP 30 Press Office / handout/Anadolu via Getty Images)

The UN Secretary-General’s message could not be clearer: humanity has overshot the 1.5°C limit – however we still have time to change the course of climate change. The Paris Agreement’s temperature goal reflects long-term change over decades, not individual years. What matters now is how fast and decisively we act to bring global temperatures back down and limit the impacts.

That recovery depends on one sector above all others: business enabled by governments that set clear, consistent rules and incentives that favour clean over fossil.

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