At the G20 Summit in Hamburg, all 19 partners with the exception of the new U.S. Administration stood united in their support for the Paris Agreement and its swift implementation. This year's G20 outcome on climate [...] is the most comprehensive climate package agreed at the G20 to date... Many of the action items outlined [...] will have direct implications for businesses... In order to enable companies to develop Paris Agreement-compatible business models and plans, and thereby minimize the risks of stranded assets, it is essential that large financial institutions and big companies develop their own low-GHG business strategy and undergo climate risk-stress testing... Also in pledging, as governments, to strive “to create an enabling environment that is conducive to making public and private investments consistent with the goals of the Paris Agreement as well as with the national sustainable development priorities and economic growth” the CEAP re-affirms the importance of national frameworks and regulation to “shifting the trillions” from conventional “brown” to green and sustainable investment...