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But even if business leaders do reach this ambitious target, it only marks the start of the investment needed to meet the agreed 1.5 degree target.
This ambitious target will be achieved by adopting a people-centered approach, with a wide variety of renewable sources such as biomass, solar, geothermal and mini-hydroelectric technologies.
To achieve this ambitious target, the report said, annual funding would need to jump from $2.7bn to $8.7bn in 2030 – following on from a twentyfold increase over the past 15 years.
Part of the argument put forward for why this ambitious target was attainable was the recent investment by Mitsubishi in a research and development facility for green energy in Edinburgh.
This ambitious target is as much the product of financial necessity as of marketing hype; if Virgin does not come near this target, it could be in financial trouble.Virgin's growth target was always twice as ambitious as the rest of the rail industry.
How the industry can meet this ambitious target remains an open issue that deserves further attention.
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Will that ambitious target to abolish child poverty by 2020, halving it by 2010, be hit?
Governments have set the ambitious target of reducing biodiversity loss by the year 2010.
He added: We look forward to working with the government, our members and the registers of Scotland to achieve this very ambitious target, but in order for this to be completed within the 10 years, it will require considerable extra resources and funding support to make it happen".
This extremely ambitious target for action on a real threat posing overwhelming harm was pushed aside by arguments about enemies and short-term loss.
This is an ambitious target, but possible.
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Justyna Jupowicz-Kozak
CEO of Professional Science Editing for Scientists @ prosciediting.com