Purpose

This chapter aims to provide an overview of the Paris Climate Agreement, and to explore the meaning of this universal agreement for business.

Design/methodology/approach

This introductory chapter relies on secondary sources, and brings together evidence-based, conceptual and theoretical contributions from a diverse set of geographical locations, and disciplinary backgrounds.

Findings

It was found that although there is skepticism about achieving the ambitious set targets in the Paris Climate Agreement, the explicit political will from governments and business alike could be the engine for achieving the goals.

Originality/value

This chapter questions if the COP21 is the beginning of the end to the era of oil.

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