“The truth is, with a complex and global business like Amazon; We don’t know all of the ways that we will get there by 2040.
We’re leading with science and will rely on technologies that we are only beginning to invent and invest in—and some of which don’t yet exist—to drive many of our business changes to decarbonize. But one thing is for certain: we will get there and we’ll do this through great partnerships like the community we’re building with the Pledge”.
Sure, our 2040 goal is ambitious. We know getting there will present huge, unique challenges, some of which we don’t yet know are coming. To hit these decarbonization challenges head-on and open a world of opportunity, The Climate Pledge Fund is a $2 billion commitment to accelerating the development of the tech we need. The focus is on unprecedented innovation across transportation and logistics, buildings and construction, materials and manufacturing, energy generation, storage, and utilization, right through to food and agriculture. All helping our signatories’ interwoven businesses.
The fund welcomes signatories as co-investors, to maximize potential both for them, and also across the wider business community. Looking at the tech advancements in the last 20 years that initially seemed daunting—and prohibitively expensive (solar energy and cloud computing are cases in point)—what can the next 20 years look like? Let’s find out. It’s this strength-in-numbers approach that will get us there.
Signatories to The Climate Pledge benefit from sharing access to best practices, innovations in supply chain enhancements, co-investing in new technologies, and scaling up emerging solutions to tackle carbon reductions as quickly as possible.
Take this example: Mercedes-Benz signed The Climate Pledge, and as part of the company’s own target of CO2-neutral mobility with its Ambition2039 roadmap, committed 1,800 electric delivery vehicles to Amazon’s European fleet. Here, we see the symbiosis that’s central to our community hitting net zero carbon, and the mutual benefits of The Climate Pledge writ large.
We may not have all the answers yet. But together, we do have the influence, reach, and ability to decarbonize our business—and the world—at the scale and speed decarbonization science tells us is absolutely essential.