EY: The Private Sector as a Key Ally in Climate Action
- World Climate Foundation
- 24 minutes ago
- 1 min read
As countries prepare their next round of Nationally Determined Contributions (NDCs), the role of the private sector is becoming increasingly decisive. In this white paper, EY explores how national climate ambition can be translated into real-economy action, and why businesses must move from alignment to leadership in the transition to a low-carbon, climate-resilient future.
Focusing on Brazil’s updated NDC and the broader Latin American context, the paper examines the scale of emissions reductions required by 2035, the limits of relying on land-use change alone, and the growing expectations placed on energy, transport, industry and agriculture. It also highlights how financing, technology, governance and cross-sector collaboration will shape whether climate commitments are implemented at speed and scale.
Drawing on insights from the latest Emissions Gap Report, Global Stocktake and Biennial Transparency Reports, EY makes the case for the private sector as a central actor in implementation, not just mobilising capital, but reshaping business models to deliver competitiveness, resilience and long-term value in a net-zero world.
