More companies join First Movers Coalition
More than 50 companies have now joined the First Movers Coalition, which was launched by US President Joe Biden and the World Economic Forum at COP26 to decarbonise the heavy industry and long-distance transport sectors — sectors responsible for 30 per cent of global emissions. At Davos, John Kerry, the United States Special Presidential Envoy for Climate, joined these companies in sending a powerful market signal to commercialise zero-carbon technology. Their combined market cap is about $8.5 trillion across five continents and they are making unprecedented advance purchase commitments by 2030.
Some 70+ CEOs

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