Prince Charles, the Prince of Wales, urged firms to choose a sustainable future and do more to protect the planet, marking 50 years of his environmental campaigning.
Named the ‘Terra Carta’ in homage to the historic Magna Carta- a charter of fundamental rights agreed over 800 years ago- Terra Carta is a 17-page framework that sets out 100 broad actions for businesses to harness their resources and innovation to combat the escalating global climate and biodiversity crisis.
It aims to mobilise $10 billion towards natural capital by 2022. Prince Charles hopes the new charter will help “reunite people and the planet. I can only encourage, in particular, those in industry and finance to provide practical leadership to this common project, as only they are able to mobilise the innovation, scale and resources that are required to transform our global economy.”
