Financial Time’s Climate & Impact Summit

Climate change is reshaping the world in irreversible ways. From extreme weather to biodiversity collapse and water scarcity, the systems that sustain life are under growing strain. Global food supplies are destabilising. Key carbon sinks — forests, wetlands, and permafrost — are, in some instances, turning into carbon sources. The Arctic Ocean is on track for its first ice-free day before 2030.

To meet the Paris Agreement, emissions must fall 43% by 2030. Yet this transformation must take place in economies still largely reliant on fossil fuels, at a time when global electricity demand is projected to double by 2050. There is momentum: in 2024, clean electricity exceeded 40% of global generation, driven by solar, now the world’s cheapest energy source, and clean energy investment also passed $2tn for the first time.

But climate action today means more than cutting emissions. In an era of fragile institutions and geopolitical upheaval, business has a role to play in upholding the principles — accountability, transparency, rule of law — that underpin both climate and economic resilience. This year, the FT’s Climate & Impact Summit brings together the FT’s Moral Money and Climate Capital to host practical discussions on the scale of the crises we face — and the opportunity we still have to shape a fairer and more sustainable society.