Facilitating multi-stakeholder collaboration for a brighter global future
Countries, governments, and businesses globally are committing to more ambitious climate change mitigation and greenhouse gas (GHG) emission reduction targets. Though each economy and local context is different, the 2016 Paris Climate Agreement, establishes the framework for each country to contribute towards the global climate initiative and the overall goal of limiting the temperature increase to 1.5 °C above pre-industrial levels. Within this global initiative, national and subnational stakeholders often still need practical guidelines to help inform economic policy with sound data and analysis, particularly regarding the long-term social, economic, and environmental benefits of climate action.
Recognizing that the climate response happens on many levels, RTI partners with governments and the private sector to develop innovative climate action plans aimed towards aligning investment with long-term economic growth objectives, operational efficiencies, and public policy. Using mechanisms such as carbon offsets, low emission development, and carbon neutrality, we support governments and businesses in defining realistic and evidence-based pathways towards achieving emission reduction targets, this includes international commitments presented in Nationally Determined Contributions (NDCs). Additionally, we provide an integrated approach for the implementation of climate-informed tools to support planning, implementation, and tracking of adaptation and mitigation measures tailored for key areas to achieving NDC targets.
RTI excels at setting up multi-stakeholder platforms that bring together government agencies, the private sector, academia, and civil society, all of whom can then collaboratively contribute to open dialogue and joint planning processes. The planning process entails reviewing GHG emission baselines to determine the main sources of emissions, analyzing priority and innovative policy options to enhance economic growth while curbing emissions, and conducting economic impact analyses that provide data for decision makers on the required investments and potential benefits of each policy option. For businesses, this process contributes to identifying opportunities for more efficient operations, improving compliance with environmental regulations and standards, and fulfilling market demands for product sustainability and labeling with information, such as carbon footprints. The strength of our approach lies in our ability to integrate existing priorities and policy frameworks, the interests of a wide range of stakeholder groups, and our partners’ economic objectives into a unified vision for inclusive, sustainable growth.