First movers Coalition

The First Movers Coalition is an ambitious coalition of companies committing to harness their purchasing power and supply chains to create early markets for innovative clean energy technologies. Announced by President Biden at the COP26 World Leaders Summit, the First Movers Coalition was created through a partnership between the U.S. State Department’s U.S. Special Presidential Envoy for Climate and the Office of Global Partnerships, and the World Economic Forum, in collaboration with the U.S. Departments of Commerce and Energy. The 35+ companies who make up the Coalition have made commitments to spur the commercialization of emerging technologies in this decade. The First Movers Coalition’s unique approach assembles ambitious corporate purchasing pledges across sectors that represent more than a third of global carbon emissions and span heavy industry and long-distance transportation. The technologies needed to decarbonize these “hard-to-abate” sectors are not yet commercially available or competitive but are essential to bring to market by 2030 to enable their rapid scale-up to achieve net zero emissions economy-wide by 2050. In addition to the commitments that the members have made, the members also pledge to work together to address roadblocks towards securing supply of required breakthrough technologies by 2030. The Coalition will pursue actions that tie together the members who have made demand signals with financial players, suppliers, and other value chain partners. In doing so, the FMC will further ensure that key technologies will be developed and power a net-zero future for years to come.

Activity period	2021–2024
Last CoAct update	n/a
Web URL	https://www.weforum.org/first-movers-coalition
Output effectiveness	0.38
Accountability Index	0.33
Inclusiveness Index	0.47
Capacity Index	0.13
Num. actors	100
Functions	Knowledge production, Knowledge dissemination, Standards and norms, Campaigning, Lobbying, Policy planning
SDGs
Themes	industry
Policy focus	Mainly mitigation
Sectors	Mining and quarrying, Manufacturing, Transporation and storage
Implementation countries	Australia, Denmark, Finland, France, Germany, India, Ireland, Kuwait, Mexico, Netherlands (Kingdom of the), Norway, Sweden, Switzerland, United Kingdom of Great Britain and Nothern Ireland (the), United States of America (the)

Target	Target type
Joining the FMC provides companies with a high-leverage method to take climate action by creating a market for the emerging technologies crucial to reach net zero by 2050.	Net zero target
Reducing emissions to net-zero by 2050	Emission reduction target
Companies in the aviation sector commit to using sustainable aviation fuels (SAFs) that reduce lifecycle GHG emissions by at least 85% by 2050	Emission reduction target
Aluminum purchasers set a target to meet at least 10% of their annual primary aluminum procurement volumes by 2030	Economic target
At least 5% of carriers deep-sea shipping will be powered by zero-emission fuels by 2030	Other target
At least 10% of the volume of cargo owners' goods shipped via deep-sea-shipping will be on ships using zero-emission fuels by 2030	Other target
Ships capable of using zero-emission fuel son the way to 100% by 2040	Other target
Members commit to purchase or contract zero-emission medium and heavy-duty vehicles by 2030	Other target
Trucking owners and operators also set a target that at least 30% of their heavy-duty and 100% of their medium-duty truck purchases will be zero-emission trucks by 2030	Other target
Retailers & manufacturers set a target that they will require all of their trucking service providers to meet the trucking owners and operators’ commitment by 2030	Other target

CoAct Database