Paris, December 9, 2015 – Private-sector representatives from around the world have endorsed the conclusion of an ambitious and comprehensive worldwide agreement to reduce greenhouse gas emissions and strengthen resilience, while advancing energy access and security in the context of sustainable development.
Meeting today at the headquarters of the French business federation. MEDEF, company executives and business federation officials from more than 20 countries agreed on a joint declaration stating: “Climate change is a common responsibility for all stakeholders, including for businesses in every part of the world, of every sector and every size, large groups and SMEs.”
“We have a common and unified approach to this urgent challenge,” said USCIB President and CEO Peter Robinson. “Our message to governments is clear: Business needs the right policy frameworks in order to enable and incentivize the mammoth amounts of investment and innovation that will enable our global society to avoid the worst consequences of climate change. And we require a clear and recognized path to participate in ongoing discussion with the UN and with national governments as we move forward together.”
As the COP21 talks moved into its final crucial stage, the joint business statement laid out a blueprint for an effective global agreement to mobilize broad private-sector action to apply its technological know-how to effectively addressing climate change. An ambitious agreement, it said, must include transparent, fair and comparable national commitments among all parties, effective and transparent monitoring and reporting mechanisms, and the maintenance of open trade and investment regimes worldwide.
Business leaders from major developed and developing countries called on governments to remain engaged with the private sector after COP21, including through an institutionalized channel for private-sector consultation and engagement in the UN Framework Convention on Climate Change process.
On Saturday, American business representatives including Robinson appealed governments to establish a mechanism for ongoing, substantive dialogue with the private sector, saying such a mechanism is essential to achieving COP21’s goal of effectively addressing global climate change.
With over twenty years’ experience of direct engagement in the UN climate process, USCIB is representing American business at COP21 in its capacity as the U.S. affiliate of the International Chamber of Commerce (ICC), which is serving as the umbrella business coordinator in Paris, and as a member of the Business Major Economies Forum (BizMEF), which encompasses national business groups from the leading economies around the world.
USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and regulatory coherence. Its members include U.S.-based global companies and professional services firms from every sector of our economy, with operations in every region of the world. With a unique global network encompassing leading international business organizations, including ICC, USCIB provides business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment. More at www.uscib.org.
Jonathan Huneke, USCIB
+1 212.703.5043, firstname.lastname@example.org