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Latest newsNews searchHealthFinanceFoodCareer newsContent seriesFocus areasTry Devex Pro
    • Opinion
    • Climate change

    Opinion: Science-based climate targets are a must for state companies

    To protect their citizens and combat global warming, governments must limit excess emissions arising from economic activity – including from their own businesses, Jan Christian Vestre and Sanda Ojiambo write.

    By Jan Christian Vestre, Sanda Ojiambo // 29 June 2023

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    One step governments can take to help the planet and avoid being sued by their citizens is requiring state-owned enterprises and the companies that supply them with goods and services to set science-based targets, or SBTs.

    In the face of the climate crisis, citizens are urging governments to take action. Earlier this year, the European Court of Human Rights began hearing cases brought by European Union citizens against their governments. State administrations are accused of failing to take decisive action to reduce climate change, which plaintiffs argue is a violation of their fundamental rights. The court in the French city of Strasbourg is due to hear three cases, involving more than 30 countries. This is the first time the European body has been asked to consider whether inadequate climate change policies constitute an infringement of the European Convention on Human Rights, including the right to life.

    The air we breathe now contains more carbon dioxide than at any time in at least 2 million years, according to the most recent report from the Intergovernmental Panel on Climate Change. Human activity has caused atmospheric temperatures to surge over the past two centuries, destabilizing our climate and endangering human lives.

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    Read more:

    ► Norway's development minister talks global distrust, climate funding (Pro)

    ► Norwegian PM Støre dodges loss and damage funding questions

    ► Scoop: World Bank’s rules for Paris climate deadline revealed

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    The views in this opinion piece do not necessarily reflect Devex's editorial views.

    About the authors

    • Jan Christian Vestre

      Jan Christian Vestre

      Jan Christian Vestre is the Norwegian minister of trade and industry.
    • Sanda Ojiambo

      Sanda Ojiambo

      Sanda Ojiambo is the CEO and executive director of the U.N. Global Compact.

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