Mehboob Manji – President of PACT Diplomacy Institute (PACT: Policies and  Actions for Climate Transformation). PACT Diplomacy is an international think-tank forum that facilitates and shaping for a sustainable strategy and develops a workable plan to address the climate crisis. PACT Diplomacy also works closely with leading experts in climate diplomacy, economics, and finance of climate action. PACT Diplomacy Institute can conduct formal studies about the vulnerabilities, capacities, private sector limits, and society’s role in adapting to climate action mitigation.

 

United Nations Secretary-General Antonio Guterres said the member countries must cut greenhouse gas emissions by 45% by 2030 to reach net zero by 2050. We need to act now to have a livable planet. Without urgent action to boost clean development, emissions reductions, and climate mitigation investment, we are virtually on a highway to hell and with our foot on the accelerator.

 

Climate diplomacy is now omnipresent at virtually every negotiation table worldwide; the literacy and the ability to facilitate such discussions have become essential for leaders across all sectors, those occupying boardrooms, members of the cabinet, military commands, and leading NGOs and civil society organizations. World leaders have to move beyond the empty words of policymakers, and think tanks have already talked enough; this is the time for action.

 

PACT Forum provoked the entrepreneurs and impacted investors to be on the stage to act to mitigate the climate crisis; corporate and entrepreneurs had far more understanding of the impacts of climate change as they are involved in varied ecosystems, biodiversity, and communities at global, regional, and local levels.

 

The climate crisis is already starting to show its harshness; the impact worsens as we delay actions. Yet, on the other hand, every dollar we invest in effective climate action mitigation results in the savings of millions of dollars and thousands of lives.

 

The private sector entrepreneurs understand the importance of adaptive resilience solutions with proper arrangements to address climate threats. Global climate change results in increasingly severe weather, which poses a significant risk to the safety of physical assets, employees, and customers and threatens businesses. Business owners understand the threats and are ready for climate mitigation within their limited capacity and resources.

 

PACT forum and business owners can conceptualize multi-dimension climate mitigation initiatives and shape ideas beyond green or clean energy. Opening new doors for manufacturing for resilience supply chain and mining, the foremost is low carbon emission agriculture. New or non-traditional farm produce will use for clothing and substitute construction material for greener buildings.

 

PACT Diplomacy leadership views climate change mitigation and adaptation as no longer a choice but an obligation; therefore, it solicits UN Secretary-General to ask UN member countries' governments and non-state actors (DFIs) to budget a sizeable amount for climate investment. Consequently, the climate investment will emerge as a significant milestone for climate action mitigation intervention - resulting in the availability of low-cost investment and other incentives for climate action mitigation will instigate business owners to immediately jump into new avenues of climate action mitigation, as discussed above and start availing finance for performing and participating as a duty to minimize the effects of climate change.