Biden spoke of the project as the U.N.-backed climate conference in Glasgow known as COP26 got under way. The idea is to jumpstart budding or not-yet-existent technologies that can reduce how much CO2 is spewed into the atmosphere by leveraging the market - specifically the purchasing power of the companies - to encourage their suppliers to clean up, so they can too. So far, almost three dozen global companies in many sectors have committed to changing their purchasing practices to favor development of zero-emission technologies by 2030. government and the World Economic Forum, aims to help meet an increasingly difficult target laid out in the 2015 Paris climate accord to limit global warming to 1.5 degrees Celsius. The “ First Movers Coalition ”, spearheaded by the U.S. President Joe Biden in which companies underpin development of low-carbon technologies through their buying power amounts to a “big transformation,” U.S. GENEVA (AP) - A new project trumpeted by U.S.
4, 2021 hoping to leverage the private sector to do more in the fight against global warming. climate envoy John Kerry said Thursday, Nov.
Comments FILE - John Kerry, United States Special Presidential Envoy for Climate, speaks at an event about the "Global Methane Pledge" at the COP26 U.N.
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