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On Wednesday, April 28, Axios energy reporter Ben Geman and business reporter Hope King unpacked global sustainability initiatives across the private sector and key learnings from the White House climate summit, featuring Global Optimism founding partner Christiana Figueres and White House climate adviser Melanie Nakagawa.

Christiana Figueres discussed global collaboration and the 2020s as the "decisive decade" in determining the planet's future climate.

  • On the capacity of the U.S. to be a role model in its investment in addressing climate change: "The United States is definitely taking a leadership role here and showing other countries how that is done and most importantly, what the benefits are of that all-government approach."
  • On getting the U.S. to zero carbon by 2035 and its economic impact: "It will create millions of jobs, and it will make the U.S. economy much more competitive in a decarbonized global economy."

Melanie Nakagawa unpacked President Biden's climate agenda and the economic impact of ambitious, policy-driven climate goals.

  • On the U.S. International Climate Finance Plan: "Many of these investments we're looking to make are about creating jobs at home. Many of these opportunities are ways that we increase our ability to export more...We really see that that kind of investment is not only good at home, but also help others overseas become more resilient to the impacts of climate change."
  • On accountability in government and the private sector and setting far-reaching climate goals: "What are countries, what are private sector institutions, what are cities and towns and others doing in this decade to get us on that path to 2050? It's great to have a net-zero 2050 timeline out there. What's even better is to show us how you're getting there by 2030."

Axios Chief Revenue Officer Fabricio Drumond hosted a View from the Top Segment with Gerry Keefe, Head of Global Banking, Americas at HSBC who discussed how large companies can support the world's transition to net-zero, and what it will take to get there.

  • "I think the greatest need that we have in addressing these challenges is innovation. I think if you understand the math of carbon, and where we stand globally, you realize very quickly...that we only get to net zero through innovation, whether that's power generation, [or] storage usage."

Thank you HSBC for sponsoring this event.

Go deeper

Moody's to acquire disaster risk modeling company RMS for $2 billion

Firefighter near Redding, California. Photo: Neal Waters/Anadolu Agency via Getty Images

Moody's is acquiring climate and natural disaster risk modeling company RMS for about $2 billion from Daily Mail and General Trust.

Why it matters: Modeling climate risk exposure is becoming critical for a growing number of industries, especially as extreme weather events are dramatically picking up in frequency and impact. Supply chain disruptions are of particular concern.

Ben Geman, author of Generate
Aug 5, 2021 - Energy & Environment

Exxon reportedly weighs 2050 net-zero carbon pledge

Photo: David Paul Morris/Bloomberg via Getty Images

The Wall Street Journal reports this morning that Exxon is "considering a pledge to reduce its net carbon emissions to zero by 2050."

Why it matters: It would be a major shift for Exxon, the U.S.-based multinational giant, which to date has opposed the long-term targets embraced by European giants like Shell and BP.

Aug 5, 2021 - Axios Denver

Exclusive: Poll finds bipartisan infrastructure plan has wide support

Expand chart
Reproduced from Climate Power and Data for Progress; Chart: Axios Visuals

The bipartisan infrastructure plan and many of its individual provisions, enjoy majority of support among likely voters, according to new polling from the advocacy group Climate Power and the left-leaning polling firm Data for Progress, provided first to Axios.

Why it matters: The bill, which contains billions for modernizing the electrical grid, making communities more resilient to climate disasters and boosting electric vehicles, needs at least 10 Republican votes to pass in the Senate.