Low Carbon Technology Partnerships initiative

The urgency is clear: business, government and civil society must go further, faster to avoid detrimental impacts to people and planet. According to the most recent IPCC report, we’re on track to blow past 1.5°C of warming as soon as 2040 - unless we implement solutions now.

The Low Carbon Technology Partnerships initiative (LCTPi) offers proof that business is moving beyond talk to implement real solutions by bringing different sectors together to sharply reduce emissions.

The challenge

Climate change poses significant risk to the global economy - we must limit warming to well below 2˚C to avoid the most devastating impacts. Transitioning to a low-carbon economy is the only way to secure sustainable economic growth and prosperity for all. We must transform our energy, industry, agriculture and forestry systems to achieve net zero emissions as early as possible in the second half of the century.

The opportunity

The world’s biggest challenge is also a historic economic opportunity. COP21 was a decisive moment – it provided an essential long-term signal for decision making on assets, investments and business strategies. An increasing number of businesses are joining large-scale, cross-sectoral partnerships to accelerate the deployment of low-carbon technology solutions and reduce their emissions. These companies are positioning themselves for success during the transformation that is underway. Ambitious climate action makes good business sense.

The solution

Since its launch at the 2015 United Nations Climate Change Conference COP21 in Paris, LCTPi has brought together hundreds of companies and partners to implement climate solutions at scale. The initiative prioritizes six key projects: REscale, Climate Smart Agriculture, Natural Climate Solutions, Emobility, Transforming Heavy Transport and New Energy Solutions. They are all focused on addressing the climate challenge through innovation and collaboration.

Impact

We’re committed to understanding the potential impact of LCTPi. By annually monitoring progress against each project’s action plan we can:

  • Support government emissions reduction commitments
  • Ensure collective accountability to climate action commitments made in Paris
  • Be sure that business is making a positive difference
  • Learn where business can have most impact

Our LCTPi impact analysis report shows the magnitude of the potential benefits of LCTPi - for the climate, for business and for the UN Sustainable Development Goals. Since 2015, we heave released impact reports for 2016, 2017 and 2018.

News and Insights

Next Event

Liaison Delegate Meeting 2019

1 - 4 April, 2019,
 Montreux, Switzerland

More Events

World Economic Forum 2019

22 - 25 January, 2019
, Davos-Klosters, Switzerland

WBCSD Annual Member Meeting in North America at GreenBiz

25 - 28 February, 2019
, Phoenix, Arizona

WBCSD Council Meeting 2019

14 - 17 October, 2019
, Lisbon, Portugal
See more

Resources

Contacts

Karl Vella

Manager, Climate Policy