Ahead of the Curve Xpress: Paris Agreement Defenders, Assemble

Some want us to believe the transition is stalling - but it's actually faster, cheaper and more profitable than we think.

What’s more, over the course of June – from the Bonn SBs through to London Climate Action Week – we've also seen that change is more popular than we think.

The past month saw a wave of non-state actors – including Mayors, Governors, CEOs, investors and citizens – step forward in support of more ambitious climate action from governments, demonstrating the enormous appetite across the real economy to move further, faster, together.

Exponential Spotlight: Mission 2025

A coalition of real economy leaders called 'Mission 2025' launched at London Climate Action Week, urging governments to align their upcoming national climate plans with the Paris Agreement target of limiting global warming to 1.5°C. The statement comes less than a year ahead of a crucial February 2025 deadline, when countries are required to submit enhanced climate plans (known as Nationally Determined Contributions) to the United Nations for the period 2025-2035.?

"We are ready to embolden governments to set more ambitious plans and accelerate implementation. We know this can unlock trillions in private investment to protect our nature, scale cheap renewable energy, support industries to compete in a low carbon economy, and safeguard living standards equitably for our people."

Mission 2025 responds to new analysis by the Energy Transitions Commission , showing that rapidly falling costs of clean technologies and proven feasibility of other solutions mean that countries can collectively almost triple ambition – and bring the world on a 2°C pathway – merely by factoring in the commitments made and progress achieved since previous plans were submitted in 2021.?

Exponential Moment: Time For Leaders To Lead

To launch Mission 2025, leaders gathered at the Climate Innovation Forum during London Climate Action Week for a conversation on how to act on climate with speed and scale over the next 18 months through to COP30 in Brazil.

You can listen to the conversation with Tom Rivett-Carnac , Paul Dickinson , Fiona McRaith , Andrew Steer , Lord Adair Turner, Isabella Noero , Hein Schumacher , Tasmin Ballard, Karen Pflug and Nigar Arpadarai here:

Exponential Media

The Incredible Inefficiency of the Fossil Energy System

RMI 's new report on today's fossil energy system shows almost two-thirds of all primary energy is wasted in energy production, transportation, and use, before any value has been created with energy. That means over $4.6 trillion per year, almost 5% of global GDP and 40% of what we spend on energy, goes up in smoke due to fossil inefficiency.

The winds are changing, though, as fossil technologies are undercut by more efficient alternatives. End-use efficiency is driving out fossil fuels, reinforced by renewable electricity, localization, and electrification, allowing us to drastically cut down on energy waste and phase out fossil fuels.

Clean Energy Investment Set To Soar

The International Energy Agency (IEA) 's World Energy Investment analysis shows investment in clean energy this year is set to be twice the amount going to fossil fuels. Total energy investment worldwide is expected to exceed $3 trillion in 2024 for the first time, with some $2 trillion set to go toward clean technologies – including renewables, electric vehicles, nuclear power, grids, storage, low-emissions fuels, efficiency improvements and heat pumps. The remainder, slightly over $1 trillion, is going to coal, gas and oil. In 2023, combined investment in renewable power and grids overtook the amount spent on fossil fuels for the first time.

“Clean energy investment is setting new records even in challenging economic conditions, highlighting the momentum behind the new global energy economy. For every dollar going to fossil fuels today, almost two dollars are invested in clean energy" – Fatih Birol , Executive Director, IEA

The Cleantech Revolution

The one deck you can't miss this month: The Cleantech Revolution by RMI charts how the energy system is being disrupted by the exponential forces of renewables, electrification, and efficiency. This is not just another deck – it's your ultimate resource for staying ahead of the curve.

In case you missed it...

Catch up on We Don't Have Time 's broadcast from the Bonn SBs and listen to Matthew Phillips' conversation with Breaking Lab's Jacob Beautemps on who can help us tell the exponential story and make sure it's heard by governments.

Thank you to everyone who has joined us so far on this journey to tip the balance by 2025: ACT Climate Labs , Ambition Loop , Bezos Earth Fund , Bridging Ventures , Center for Climate and Energy Solutions (C2ES) , C40 Cities , CDP , High-Level Climate Champions , CCAG - Collaborative Cloud Audit Group , Climate Group , Count Us In , E3G , European Climate Foundation , Energy Transitions Commission , Exponential Roadmap Initiative , Green Africa Youth Organization (GAYO) , The Global Energy Alliance for People and Planet (GEAPP) , 宜家 , Iberdrola , Mission Possible Partnership , Octopus Electric Vehicles , Outrage + Optimism , Potential Energy Coalition , Principles for Responsible Investment , RMI , Systems Change Lab, Systemiq Ltd. , TED Countdown , The Club of Rome , The B Team , 联合利华 , University of Exeter , WBCSD – World Business Council for Sustainable Development , We Mean Business Coalition , World Climate Foundation , World Resources Institute .

Groundswell is a project convened by Bezos Earth Fund, Global Optimism, and Systems Change Lab. For more information about this collaborative effort, email us at [email protected]

Change happens faster than we think.