Norway 203040 is a business-led climate initiative. Our mission is to accelerate the transition to a low-carbon economy and support the government in delivering on its national climate commitments by 2030. The coalition hopes to demonstrate, to businesses and the government, the business potential that exists in the low-carbon economy and help drive the transition.
Our changing climate does not just demand action from politicians, businesses and civil society at large – the need to change could also be viewed as one of the greatest business opportunities of our time. As carbon constraints tighten, the competitive landscape will continue to change in ever more fundamental ways. To become ‘future-fit’ – that is, able to compete in a low-carbon world – Norway will need to take new positions. How can we generate sustainable revenue while cutting CO2 emissions, creating jobs, building skills and nurturing innovative clusters suited to the 21st century?
In February 2015, the government announced its pledge to reduce Norway’s total emissions by 2030 by 40%, compared to 1990 levels. This promise by the government encouraged twenty leading Norwegian businesses and four supporting partners to come together to accelerate Norway’s low-carbon transition. By uniting forces, we believe that we can have a much greater impact than the sum of our individual efforts.