Corporates Urge EU to Deliver Clear Signals on Climate

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  • 08 Mar 2018 12:00 AM
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Corporates Urge EU to Deliver “Clear Signals” on Climate, Energy and Green Finance Plans

The Prince of Wales’ Corporate Leaders Group on climate change has urged the EU to ensure its future financial initiatives and policy efforts are aligned with its climate goals. The group, which includes UK household names such as Unilever, Tesco, and Heathrow Airport, urged Brussels to ensure it remains consistent with the Paris Agreement “across all its programmes” and called for “clear signals from the EU that reinforce its climate leadership credentials and support future growth”. It stressed that without further ambitious regulatory and financial leadership going forward, the EU was now in danger of falling behind other emerging green economy powers such as China and India. Other signatories of the letter include EDF, Coca-Cola European Partners, Anglian Water, Lloyds Banking Group, Iberdola, United Technologies, Philips Lighting and Sky.

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