COP30 Presidency Calls on Global Businesses to Lead the Climate Transition
Positioning the private sector not just as a participant, but as the primary engine for building a new, climate-resilient global economy.
By Presidency of COP30
The incoming Presidency of COP30 released its seventh letter to the international community, focused on mobilizing the global private sector as a vital force for climate implementation and economic transformation. Addressed as an urgent call to action, the letter invites business leaders, investors, and entrepreneurs to engage deeply with COP30, not only as a diplomatic milestone but as a catalytic moment for real-world delivery and co-creation of a new climate-aligned economy.
The letter underscores that the climate transition is already reshaping global markets, investment flows, and innovation pathways, making it one of the most significant economic opportunities of our time. With its agility, scale, and capacity for innovation, the private sector is uniquely positioned to help shape the emerging climate economy. From renewable energy and regenerative agriculture to digital infrastructure and sustainable finance, companies that align early will be the ones to lead, and thrive, in this decisive decade.
"The time to act with urgency is now. The private sector has already accelerated the transition in many significant ways, however, it must now step forward, not back, increasing its engagement to make this transformation an exponential reality”, wrote Corrêa do Lago.
The letter highlights the central role of the private sector in delivering on the goals of the Paris Agreement and urges companies to adopt credible transition plans, assess climate risks, and engage meaningfully with governments and investors on long-term, climate-aligned strategies. As countries prepare to submit their 2035 Nationally Determined Contributions (NDCs), significant effort has been made by the COP30 Presidency to ensure these are not just political commitments but forward-looking instruments that guide development and provide predictability for the private sector, bridging negotiation with implementation and opportunity with investment.
To guide and structure this engagement, the COP30 Presidency is launching a strengthened Action Agenda, with 30 key objectives organized around six thematic axes, including energy transition, food systems, cities, biodiversity, social development, and enablers like finance and digital infrastructure. Activation Groups and Solution Acceleration Plans will drive collaboration, scale existing initiatives, and ensure transparency through measurable outcomes.
As the world’s largest climate convening moves to the heart of the Amazon, the Presidency is placing strong emphasis on building trust, transparency, and opportunity across all sectors. This effort includes a direct invitation to the business community to attend and to co-create solutions.
COP30 will take place in Belém, Brazil, from November 10 to 21, 2025. The private sector is invited to participate in both formal negotiations and the Action Agenda through a variety of engagement platforms, high-level dialogues, and solution showcases.