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| Iberdrola is backing the ‘Race to Zero’, a global alliance to join forces towards a carbon-neutral economy by 2050 Iberdrola, as a benchmark company in the fight against climate change and in support of the global climate agenda, has joined the global 'Race to Zero' alliance driven by the United Nations, the COP26 presidency and the climate champions1 of this COP and of the COP 25 held in Madrid, Nigel Topping and Gonzalo Muñoz, respectively. The aim of 'Race to Zero' is to mobilise and unite efforts by cities, regions, businesses and investors to build a carbon-neutral, healthier and more resilient recovery. The ultimate goal of this initiative is to achieve an emissions-neutral economyby 2050. This will reduce future threats from the repercussions of climate change and contribute towards the creation of quality employment and a strong path for sustainable and inclusive growth. The organisations behind this initiative as well as its supporters, like Iberdrola, are of the opinion that after the COVID-19 health crisis there is an undeniable need to prioritise steps for economic recovery that allow for advancement towards an emissions-neutral economy, with all the changes that implies (fundamentally renewable energy, electrification of transport, etc.). On the same lines, the 'Race to Zero' considers that "we have the opportunity to emerge from this emergency by resetting the world economy". Iberdrola is backing the stance of this initiative with the conviction that "ensuring the health and prosperity of people and the planet is possible if we take brave decisions today so that future generations can live and flourish in a better world". Based on these principles 'Race to Zero' has been launched by some of the leading voices and authorities in climate matters and world health: the president of COP26, Alok Sharma; the executive secretary of the United Nations Framework Convention on Climate Change, Patricia Espinosa; the president of COP25, Carolina Schmidt, and the WHO's director of Public Health, María Neira, among others. During the presentation it was made clear that, once the health crisis is over, we must plan the rebuilding of the economy, paying attention to governments' stimulus packages. According to 'Race to Zero', the size and planning of these support measures - between US$10 trillion and US$20 trillion - will shape our economy for the coming decades. write your comments about the article :: © 2020 Construction News :: home page |