The World Economic Forum and US Special Presidential Envoy for Climate John Kerry announced the expansion of a coalition of global companies to commit $12 billion in 2030 purchase commitments for green technologies to decarbonize the cement and concrete industry and other hard-to-abate sectors.
John Kerry announced the expansion alongside Brad Smith, President and Vice-Chair of Microsoft, Mads Nipper, Chief Executive Officer of Ørsted, and Fernando González, Chief Executive Officer of CEMEX.
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“If we’re going to keep 1.5 degrees alive – and that is our goal – we have an enormous challenge ahead of us to bring to scale new technologies, and to harness the deeply capable capacity of the private sector and entrepreneurs”
