Lebanon Climate Act is being organized in line with its INDC, country’s climate change engagement at COP21. Lebanon’s INDC is the Intended Nationally Determined Contribution where Lebanon has publicly outlined what climate actions it intends to take under a new international agreement by 2030, and has mainly set a target of 15% CO2 emissions reduction as an unconditional target and committed to reduce 30% of its CO2 emissions conditional to finance, technical support and capacity building.
To establish a network of companies and institutions actively engaged in the fight for climate change.
To catalyze the involvement of the private sector in the wider climate change community. It will provide a space for businesses to showcase and support climate action, through concrete initiatives and multi-stakeholder approaches and thus, contribute in a sustainable and profitable manner to a strong and effective response to climate change.
By joining the Lebanon Climate Act, companies will demonstrate their ongoing engagement to climate action. As part of this initiative, each company will set actions to reduce its environmental and carbon footprint, increase low-carbon investments, deploy more clean energy, and build more sustainable businesses and communities to tackle climate change.
Lebanon Climate Act is also an opportunity to establish solid partnerships between leading business organizations who are showing headship in acting on climate change (Energy, Water, Transport, Waste and Forestry and/or Agriculture), and willing to commit to one or more innovative and practical climate initiatives to scale low-carbon solutions and increase the adaptive capacity of the Lebanese economy, and active Non-Governmental Organizations who have planned important climate initiatives and are in need of a concrete support from one or more business organizations from the public sector to implement their presented initiatives.
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