Ferrovial signs Paris Pledge for Action to meet or exceed targets established by Paris COP21 Agreement

Last week at COP21, a historical moment took place. For the first time, a universal, legally binding climate deal was signed. By adopting the Paris agreement, governments worldwide have committed to taking action towards combating climate change. The agreement will pave the way for a global transformation, where sustainability is at the forefront of global policy and governments will invest in low carbon solutions. On the 16th December, leading businesses like Ferrovial came together with investors, cities and regions to show their support of the Paris agreement. According to the official Paris Pledge for Action press release, these groups represent 150 million people and US$11 trillion worth of financial support. With the collaboration of these vital groups, it is hoped that the Paris Agreement can be implemented as quickly as possible, delivering the necessary changes required to meet the challenge of fighting climate change. The Paris Pledge for Action (L’Appel de Paris), a call to action supporting the COP21 agreement is epitomised by the following statement, reflecting the consensus of the group: “We welcome the adoption of a new, universal climate agreement at COP21 in Paris, which is a critical step on the path to solving climate change. We pledge our support to ensuring that the level of ambition set by the agreement is met or exceeded.” Ferrovial is one of the 400 businesses, 120 investors, 150 cities and regions that has already signed the L’Appel de Paris. The pledge signifies that these key players are ready to take on the challenges of the Paris agreement. Working together in collaboration with the governments is the best way we can hope to achieve our target of preventing the global temperature rising by 2 degrees. For more about COP21 read these posts on our blog about the Spanish Green Growth Group and the importance of the Carbon Footprint.