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Business leaders challenge governments in Paris

December 7, 2015 5:21 pm

A group of high-profile business leaders has challenged governments to set strong targets and not slam the door on limiting warming to 1.5 degrees Celsius.

Yesterday, a Paris meeting aimed at reaching a global deal to fight climate change kicks up to a gear, with government ministers taking charge of negotiations.

As ministers arrived in Paris, the chief executives of companies such as Virgin, Marks & Spencer, L’Oreal and Unilever highlighted it was critical for governments to reach for stronger targets.

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The corporate leaders, members and supporters of the B Team, a coalition of chief executives for climate action, said governments should aim for a stronger target than the agreed goal of 2C and aim for actions that would eventually limit warming to 1.5C.

The support for a 1.5C goal puts some of the world’s most powerful corporate leaders in sync with small islands and poor countries that are most vulnerable to climate change.