Aguascalientes and Victoria Join Under2 Coalition, Accelerating the Net-Zero Economy of the Future
February 7, 2017
The states join a list of 167 jurisdictions, representing more than one billion people and US$25.9 trillion in combined GDP, committed to take steps to limit the increase in global average temperatures to below 2 degrees Celsius.
Libby Ferguson, States & Regions Director, The Climate Group says: “We are delighted to welcome two new states to the Under2 Coalition, another sign of the unstoppable momentum from forward-thinking governments to act on climate change.
“Achieving a net zero economy by mid-century is not only the right thing to do, it also makes good sense economically and socially for both businesses and governments. What we are seeing more and more is that states and regions are at the forefront of leading climate action, irrespective of what their national governments are doing.”
A WORLD UNDER 2 DEGREES
To join the Under2 Coalition, governments must sign a memorandum of understanding (MOU) that commits them to a series of policies that will allow them to reduce their greenhouse gas emission to net zero by 2050. “By signing the Under2 MOU, Aguascalientes is committing itself to fight climate change,” underlines Governor Martín Orozco Sandoval, State of Aguascalientes. “There is no better action than local action,” he adds.
The Honorable Lily D’Ambrosio, Ministry for Energy, Environment and Climate Change, State of Victoria, explains that her state joined the Under2 Coalition “because it believes sub-national governments have a vital role to play in mitigating climate change and leading the transition towards a low emissions economy. Victoria’s membership of the Under2 Coalition will bring opportunities for collaboration with other leading sub-national jurisdictions around the world.
“Together we will work for low emissions investment opportunities, pursue innovation in new technologies, products and services, and find new ways to decouple emissions from economic growth and job creation. We are taking action now to preserve our society and environment for future generations.”
Recently, the Australian state has published a case study showing how engaging with small and medium sized enterprises on sustainability and energy efficiency is boosting its economy while saving both money and emissions.