GENEVA, Jan. 27, 2021 /PRNewswire/ -- The Mission
Possible Partnership (MPP), launched today at the Davos Agenda, is
a new coalition formed by the Energy Transitions Commission, Rocky
Mountain Institute, We Mean Business coalition, and the World
Economic Forum. Backed by funding from the Bezos Earth Fund,
Bloomberg Philanthropies, and Breakthrough Energy, MPP will
accelerate the decarbonization of industries representing 30
percent of global emissions.
The MPP builds on the success of the Mission Possible Platform,
which launched at the United Nations Secretary General's Climate
Action Summit in 2019 and has grown from 30 companies in 2019
to 400. All of these companies are committed to working on concrete
actions towards a net-zero future.
MPP is centered on the idea that the Paris
Agreement alone will not generate the solutions necessary to
transition global supply chains and industrial processes.
Country-centric strategies need to be complemented by
action from global industries. MPP will help to mobilize
resources, align across a greater number of organizations, and
accelerate the Race to Zero.
"The number of country commitments to net-zero emissions targets
by 2050 has grown during 2020 and is significant," said Christoph
Wolff, head of mobility, World Economic Forum. "Public,
private cooperation across the transport and heavy industry sectors
is crucial for the next phrase of action. The launch of the Mission
Possible Partnership at the Davos Agenda will accelerate these
efforts in the run-up to COP26 in
November."
MPP is supported by the Center for Climate-Aligned Finance,
Ceres, the Climate Champions of the United Nations Framework
Convention on Climate Change, the Global Maritime Forum, SYSTEMIQ,
the United Nations Environment Programme Finance Initiative, and
the World Business Council for Sustainable Development. The
International Energy Agency will provide guidance and input on
various aspects of MPP's work, including engagement with
governments and energy modelling.
In late 2021, the Partnership will aim to showcase net-zero
agreement breakthroughs in shipping, aviation, and steel. Within
three years, it plans to help companies complete climate
action agreements in these sectors as well as trucking, chemicals,
cement, and aluminium. Within five years, the Partnership aims for
clear shifts in investment patterns across these sectors and will
be pursuing net-zero climate action agreements in additional
sectors.
Learn more: https://missionpossiblepartnership.org/
Media inquiries: Alexandra Chin
+1 9732620002 media@rmi.org