This report shows the magnitude of the potential benefits of the initiative for the climate, the businesses opportunities it could provide, and how it could contribute to the UN Sustainable Development Goals. It has been written by PwC UK’s Sustainability & Climate Change team, based on plans developed by the nine LCTPi working groups, and in close collaboration with the WBCSD.
• If its ambitions are met, the LCTPi could get society 65% of the way to a 2 degrees emissions pathway.
• The LCTPi could help channel $5-10 trillion of investment toward low carbon sectors of the economy and support 20-45 million person-years of employment.
• The LCTPi provides a platform for businesses to play a leading role in helping achieve the UN Sustainable development goals.