Climate Leadership Coalition, which develops business-driven solutions to climate change, has joined the supporters of the Terra Carta charter launched by Prince Charles. Acting to mitigate climate change, Prince Charles’ climate charter was launched at the One Plant Summit hosted by French president, Emmanuel Macron, in Paris on Monday.

Terra Carta is a ten point basis for a green recovery plan that challenges companies and their leaders to put nature, people and the planet at the heart of global value creation. In addition to Climate Leadership Coalition, a number of major global companies, including Bank of America, Unilever, BP, AstraZeneca, HSBC, BlackRock and EY, have committed to the aims and actions of Terra Carta.

One of Terra Carta’s initiatives is the creation of a Natural Capital Investment Alliance, which aims to raise $10 billion to invest in natural capital by 2022, through among other things emission allowances and carbon pricing.

“I can only encourage, in particular, those in industry and finance to provide practical leadership to this common project, as only they are able to mobilise the innovation scale and resources that are required to transform our global economy,” stated Prince Charles at the Terra Carta launch event.

Supporting the Terra Carta charter will strengthen CLC’s position as an international climate change business network and deepen CLC’s opportunities for cooperation in mitigating climate change.

“Terra Carta’s aims are well aligned with CLC’s. They are based on it being possible to bring about change to create a genuinely sustainable economic system. We appreciate that CLC was invited to support the charter from the very outset,” says Jouni Keronen, Chief Executive Officer, Climate Leadership Coalition.

CLC has 81 organisational members and 40 personal members. CLC’s members employ 500,000 people globally and its corporate members represent almost 70% of the market cap of OMX Nasdaq Helsinki. Founded in 2014, CLC is a non-profit association. CLC’s members believe that a transition by society towards a sustainable economy and consumption habits is not only possible but also economically viable.

For more information, please contact: Jouni Keronen, Chief Executive Officer, Climate Leadership Coalition, jouni.keronen@clc.fi +358 50 453 4881 and Kari Mokko, Development Director, Climate Leadership Coalition,kari.mokko@clc.fi +358 40 751 3281.

Link to the Terra Carta website, where a list of supporters can also be found: https://www.sustainable-markets.org/terra-carta