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COP30 PRESIDENCY CALLS

ON GLOBAL BUSINESSES

TO LEAD THE CLIMATE

TRANSITION

Positioning the private sector not just as a participant, but as
COP30 President-Designate, the primary engine for building a new, climate-resilient global
Ambassador André Corrêa
do Lago. economy.
© European Union, 2025 / EC, The incoming Presidency of COP30 released its seventh letter to the
Photo: Xavier Lejeune international community in September, 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.

By Presidency of COP30

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