USCIB Meets With Australian Consul General to Discuss Mutual Interests, Future Collaboration

Left to right: Nick Greiner, Peter Robinson

USCIB had the honor of hosting Australian Consul General Nick Greiner and his colleague Mike Ryan on February 16 in the USCIB New York office.

The meeting between the Australian delegation and USCIB, which included USCIB President and CEO Peter Robinson and Senior Vice President for Policy and Global Strategy Norine Kennedy, allowed for a candid discussion of mutual interests and potential future collaboration—namely in trade and investment, climate change and digital economy, among others.

It was acknowledged that USCIB and its Australian counterpart, the Australian Chamber of Commerce and Industry (ACCI), are both privileged to serve as the respective national affiliates of the three main global business organizations: International Chamber of Commerce (ICC), International Organization of Employers (IOE), and Business at OECD (BIAC).

ACCI also serves as a Steering Team Partner on The USCIB Foundation’s Business Partners to CONVINCE initiative, which is a global network of employers of all sizes that seeks to build vaccine confidence and support uptake among employees.

The Australian Consulate is located in the same building as the Australian Mission to the United Nations, and Consul General Greiner generously offered to introduce USCIB to the latter.

As COP26 Concludes, USCIB Calls for a New Inclusive and More Ambitious Approach

While COP26 came dangerously close to a “Copenhagen” breakdown over a lack of trust in the process due to last minute changes in the final text, the meeting concluded on November 13 at nearly midnight as approximately 200 countries agreed to the “Glasgow Climate Pact,” reports USCIB Senior Vice President Norine Kennedy.

According to Kennedy, throughout the final week of the intense two-week session, views had remained divided on substantive issues, most of which linked in some way to unmet finance needs, and also concerned gaps in pledged greenhouse gas reductions compared to scientific assessments of actions necessary to limit dangerous warming.

Following recent Intergovernmental Panel on Climate Change (IPCC) and United Nations Environment Programme (UNEP) reports of current national action pledges, the pressure was on to keep “1.5°C alive” and to finalize the outstanding elements – notably “Article 6” on carbon markets – of the Rulebook (the practical guidance for implementing The Paris Agreement).

“This meeting took place under numerous challenging circumstances,” added Kennedy. It was the first, major UN in-person meeting during the pandemic, held under stringent public health measures which included daily testing for all participants. COP26 was also taking place during a period of economic headwinds and uncertainty coupled with, higher energy prices. Outspoken climate campaigners inside the meeting areas and protesters outside, along with a higher-than-expected participation of more than thirty-thousand participants kept the pressure on. On the other hand, a record number of business participants on hand, including during the World Leaders Climate Summit, which comprised the first three days of the COP, signaled clear business support for ambitious climate action.

USCIB staff and members organized two U.S. business events in the final week:

  • A virtual USCIB side-event on “Infrastructure, Innovation and Investment for a Sustainable and Resilient Recovery,” featuring speakers from Duke University, General Motors and Generate Capital and
  • A Major Economies Business Forum (BizMEF) side-event on where business can make a running start to advance economy-wide action on climate change, in preparation for COP27. Speakers from Business at OECD (BIAC), the International Organization of Employers (IOE), the Mohamed VI Foundation for Environmental Protection and WorldSteel shared perspectives on converging employment, trade and energy transition policies, working with the private sector.

“In spite of unparalleled support by U.S. companies for an ambitious outcome, working with the Administration, we were disappointed by scant mention of business in the Glasgow conclusions,” stated Kennedy. “The International Chamber of Commerce (ICC) served as the focal point for business at COP26, debuting new ICC papers on carbon pricing and on sustainable trade finance.”

Looking ahead to the next major UN climate meeting in Egypt in 2022, several thorny issues remain, including lingering dissatisfaction with lack of adequate finance and questions about whether high-emitting countries (such as U.S., China, India) will be able to offer enhanced pledges of emissions reductions. USCIB members will be preparing recommendations to inform the UN “Global Stocktake,” which will form a basis for future action, and continue to advocate for economy-wide approaches inside and outside the UNFCCC that advance energy access and security and substantively engage U.S. business knowhow and innovation.

USCIB’s COP26 Concluding Statement can be found here.

COP26: US Business States Support for Inclusive Action on Outcomes

The United States Council for International Business commends the strong efforts of the U.S. delegation, the UK Presidency and other governments and stakeholders that were at the United Nations Conference of the Parties (COP26) in Glasgow to reach conclusion in key areas for business, overcoming challenging differences of opinion and delivering stepped-up international cooperation on climate change. Real progress has been made across the board, including strengthening Nationally Determined Contributions (NDCs), prioritizing adaptation, and completing outstanding work on carbon markets. In addition, the U.S. announced significant new global alliances to reduce methane emissions and to combat deforestation.

However, these hard-fought COP26 outcomes demonstrate the need for a new, more ambitious and inclusive phase of the UN Framework Convention on Climate Change (UNFCCC) process after Glasgow.  Keeping 1.5 in reach, mobilizing investment, innovation and finance and driving a just transition for workers and employers can only succeed through partnership and dialogue with key stakeholders, notably the private sector as an engine of growth and investment.

Turning out in record numbers in Glasgow, U.S. business demonstrated its readiness to be part of the solution, through pledges, initiatives and engagement with the Administration, the UNFCCC Marrakesh Action Platform and a host of others.  While the concluding documents of COP26 made disappointingly scant mention of the private sector, USCIB is convinced the meaningful inclusion of business is indispensable to keep 1.5 alive and to ramp up private sector deployment of innovation, resource mobilization and just transition.

USCIB looks forward to further technical work on Article 6.  We urge UNFCCC parties to commit to continued discussions, while engaging the private sector in order to build confidence in how the Article 6 rules will function effectively in the real economy.

USCIB is proud of the actions and thought leadership of its international affiliate organizations, the International Chamber of Commerce (ICC) and the International Organization of Employers (IOE), bringing the voice of global business and employers to this vital meeting. An inclusive multilateral approach will have to invite and crowd in engagement from all businesses large and small to assist on practical policy design, accelerated action and the economywide effort needed to attain global net zero as soon as possible.

USCIB members are committed to stay the course and make the case for the enabling frameworks inside and outside UNFCCC that converge a sustainable resilient recovery with Paris Agreement commitments.  U.S. business represented by USCIB will continue to play its part to inform increasingly ambitious NDCs and to highlight the need to engage business expertise in the Global Stocktake.  As declared in the closing statement for business groups at COP26, USCIB agrees that business has “a key role and responsibility to push for effective collective action at COP and at home. We can, we must, and we will accelerate our collective efforts.”

About USCIB: USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and prudent regulation. Its members include U.S.-based global companies and professional services firms with operations in every region of the world. USCIB has represented U.S. business at the UNFCCC since 1993. Furthermore, as the U.S. affiliate of leading international business organizations and as the sole U.S. business group with standing in ECOSOC, USCIB provides business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment. More at www.uscib.org.

 

UN Climate Agreement in the Balance: Role of Business in Innovation and Investment

Virtual BizMEF Dialogue at COP-26

As the second week of the United Nations Conference of the Parties (COP26) was underway in Glasgow, USCIB and its members continued to make the case for outcomes at a critical turning point to enable business investment, energy security and ambitious and cost-effective climate action.

According to USCIB Senior Vice President Norine Kennedy, who is on the ground in Glasgow to lead the USCIB delegation, governments are now negotiating the final crunch issues that include: carbon instruments and markets and completing the Paris Rulebook; increasing finance for developing countries, particularly for adaptation, as well as loss and damage; and transparency and credibility of pledge implementation.

“The UK government serves as the President of the COP26 meeting, and is now leading negotiations to reach conclusions on these and other remaining political matters, with involvement of ministers to break any logjams,” said Kennedy.

Last Friday, November 5, USCIB joined the Major Economies Business Forum (BizMEF) in convening a virtual Business Dialogue at COP26, which included White House, government, the UN, the World Trade Organization (WTO), the Intergovernmental Panel on Climate Change (IPCC) and business participants. The meeting included thematic sessions on transparency and the global stock-take, involving business for ambition, as well as trade, transition and recovery.

USCIB President and CEO Peter Robinson opened the BizMEF meeting, stating that the UN climate process should evolve to a more practical and inclusive multilateralism in which business is directly and substantively involved.

BizMEF virtual dialogue participants also heard presentations on the business implications and WTO viability of border carbon adjustments proposals, and the ways in which business can contribute to reviews of the effectiveness of overall government implementation of climate pledges – a process that sets the stage for new targets under the Paris Agreement.

Building on the momentum of the BizMEF event, USCIB then held a virtual side event the following Monday, November 8, titled “Mobilize: Infrastructure, Innovation and Investment for a Sustainable Recovery,” which was part of the International Chamber of Commerce’s (ICC) virtual COP26 Conference, “Making Climate Action Everyone’s Business.”  Presenters included:

  • Elizabeth Losos, Duke University Nicholas School of Environment
  • Scott Jacobs, CEO Generate Capital and
  • Kristen Siemens, Chief Sustainability Officer, General Motors

Kennedy led the roundtable discussion on how to create enabling frameworks for “shovel worthy” projects with due attention to responsible business behavior, multi-sectoral climate considerations and capacity building.

According to Kennedy, in spite of COVID restrictions, COP26 has become the largest climate meeting in UN history, beginning with a three-day World Leaders Summit, where President Joe Biden and over a dozen Administration Cabinet members were in attendance, alongside other heads of state and CEOs.

CEOs of USCIB and Novozymes Share Spotlight at COP26 Side-Event at US Center

USCIB President and CEO Peter Robinson joined Novozymes CEO Ester Baiget at a U.S. National Pavilion, known as the U.S. Center, at a side-event on “Tech for Net-Zero,” during the United Nations Conference of the Parties (COP26) on November 2 in Glasgow, Scotland. Baiget serves as USCIB Trustee and USCIB Sustainability Champion.

The event was co-organized by USCIB and the Business Council for Sustainable Energy (BCSE). U.S. Assistant Secretary of State for Oceans, Environment, and Science Monica Medina joined Robinson to open the event.  BCSE President Lisa Jacobson moderated a panel of private sector experts including Baiget, Patrick Flynn of Salesforce Amy Hadden of Schneider Electric, and Andrew Zoly of Planet Inc.

“We see COP26 as the opportunity to launch a new chapter in the UN Framework Convention on Climate Change and its Paris Agreement, a transformative next step in the journey of international cooperation to global net zero,” said Robinson in his opening remarks. “American companies are committed to continuing to deploy innovation, investment and nature-based solutions towards a sustainable resilient recovery – and USCIB is leaning in on this, reflecting over twenty-five years of representing U.S. business in the UNFCCC.”

Medina opened her remarks with an emphasis on the role of the private sector. “Companies and investors and entrepreneurs around the world have a crucial role to play in bringing about the climate solutions that we need today and tomorrow,” said Medina. “It’s amazing that tech companies and the private sector are making such big commitments here in Glasgow. Technology and innovation are the way we elevate ambition, and that ambition is the thread that binds this conference together.

“Yes, we need solutions, and that’s where Novozymes comes in,” said Baiget. “At Novozymes, we use science to provide answers that respond to society’s most pressing needs. We bring, through nature and through a lot of science and technology, the alternatives and the solutions that lead to CO2 emissions reduction, lower waste, lower chemical use, lower energy intensity, and healthier products for our customers.”

The full video from the event is here: U.S. Center COP26 – Tech for Net-Zero – YouTube.

USCIB at the UN General Assembly (UNGA76)

As another challenging United Nations General Assembly (UNGA76) got underway with a “hybrid” High-Level opening week, COVID-19 and challenges of climate change, biodiversity loss, energy access, food security and lack of adequate progress towards the UN Sustainable Development Goals (SDGs) loomed large. USCIB convened several events to highlight the essential role of business in inclusive multilateralism and, for the first time, USCIB Board Members and Trustees stepped into the spotlight and clearly state USCIB commitment from the top to deliver private sector expertise and innovation to international challenges.

UNGA76 set the stage for critical decision-point policy meetings in the next six-months: the OECD Council of Ministers, the Glasgow Climate Summit and the WTO Ministerial to name a few. These events brought together members, representatives of the UN system, governments and civil society to share ideas for productive ways to advance a sustainable and resilient recovery through collaborative public-private partnerships and strengthened enabling frameworks.

Below are events USCIB hosted with its global partners and members, indicative of continuous involvement of USCIB policy managers, senior leaders, and members at the UN in New York and in other important events on the margins of the GA, including the ICC SDG Business Forum, the Business Fights Poverty Global Goals Summit and several webinars organized by the International Organization of Employers (IOE).

USCIB Business Townhall at UN General Assembly Reaffirms Business’ Commitment to Tackling and Solving Global Challenges

September 20: On the margins of this week’s 76th United Nations General Assembly (UNGA), USCIB partnered with the International Organization of Employers (IOE) and Business at OECD (BIAC) to organize a virtual discussion titled “Reinvigorating Inclusive Multilateralism: A Business Townhall at UNGA76.”  This meeting was among the first organized by business to comment on the just issued UN Secretary General’s Report and vision for international cooperation, “Our Common Agenda.”

The meeting was dedicated to the memory of John Ruggie, former UN Special Envoy for Business and Human Rights, who recently passed away.

Participants from business and industry, the UN, governments, and civil society tuned into the session, which highlighted the critical role of the private sector in being able to achieve ‘Our Common Agenda,’ and particularly of the U.S. private sector in aligning with global business to respond to global challenges, and provide solutions working through inclusive multilateralism.

Read Full story here.

 

USCIB Hosts A Conversation About the Future of Food

September 21: On the eve of the UN Food Systems and Nutrition Summit, USCIB convened a virtual event—The Future of Food: A Conversation— with experts and practitioners from across societal, scientific, value chain and innovation perspectives. The event highlighted the need for and successful examples of innovation across the food and agriculture industry, the roles and relevance of collaborative approaches to innovation, and how shared value and understanding can hold the key to future opportunities. Facilitated by USCIB SVP for Innovation, Regulation, and Trade Brian Lowry, the event was convened around the premise that in order to feed a growing population within planetary boundaries—considering amount of global climate emissions linked to agriculture and food—leaders must rethink how food, and especially protein, is made and sourced. Transforming the food system is not a solitary task; industry must come together and find new ways to collaborate and partner, and new alternatives must be created in a complementary manner.

Expert speakers included USCIB member Dr. Randal Giroux of Cargill, Chair of  USCIB’s Food and Agriculture Committee, as well as Valerio Nannini, Novozymes general manager for Novozymes Advanced Proteins Solutions. Other experts included Christine Gould, founder and president of Food for Thought, and The Good Food Institute Vice President, Corporate Engagement Caroline Bushnell.

Read full story here.

USCIB Joins Global Coalition on Sustainable Productivity Growth for Food Security and Resource Conservation

September 23: UN Secretary-General Antonio Guterres convened a Food Systems Summit during the UN General Assembly (UNGA76). The Summit launched bold new actions as part of the UN’s Decade of Action to achieve the SDGs. The goal of the Summit was to transform the way the world produces, consumes and thinks about food within the context of the 2030 Agenda for Sustainable Development in order to meet the challenges of poverty, food security, malnutrition, population growth, climate change and natural resource degradation. During the Summit, the U.S. announced the formation of a global Coalition of Action on Sustainable Productivity Growth for Food Security and Resource Conservation (the SPG Coalition). The coalition will accelerate the transition to more sustainable food systems through agricultural productivity growth that optimizes sustainability across social, economic and environmental dimensions. The coalition will advance a holistic approach to productivity growth that considers impacts and tradeoffs among multiple objectives. USCIB has joined the SPG Coalition.

USCIB Joins Global Coalition on Sustainable Productivity Growth for Food Security and Resource Conservation

United Nations Secretary-General Antonio Guterres convened a Food Systems Summit during the UN General Assembly (UNGA76) on September 23. The Summit launched bold new actions as part of the UN’s Decade of Action to achieve the Sustainable Development Goals (SDGs). According to USCIB Senior Vice President Brian Lowry, the goal of the Food Systems Summit was to transform the way the world produces, consumes and thinks about food within the context of the 2030 Agenda for Sustainable Development in order to meet the challenges of poverty, food security, malnutrition, population growth, climate change and natural resource degradation.

The U.S. government supported the UN Food Systems Summit and participated through the U.S. Department of Agriculture, led by Secretary of Agriculture Tom Vilsack. Recognizing that sustainable productivity growth and climate-smart agriculture are essential to sustainable food systems, the United States announced the formation of a global Coalition of Action on Sustainable Productivity Growth for Food Security and Resource Conservation (the SPG Coalition). The coalition will accelerate the transition to more sustainable food systems through agricultural productivity growth that optimizes sustainability across social, economic and environmental dimensions. The coalition will advance a holistic approach to productivity growth that considers impacts and tradeoffs among multiple objectives. USCIB is part of the SPG Coalition.

“USCIB proudly joins an influential group of companies and industry associations such as the Agricultural Retailers Association, the U.S. Dairy Export Council and countries including the United States, Australia, Brazil, non-governmental organizations, and the UN Food and Agriculture Organization (FAO) to become part of the SPG Coalition to achieve a common goal of a sustainable food system and resource conservation and help combat challenges such as food security,” said Lowry. “We look forward to working with the United States, the FAO, and other stakeholders on this critical effort for future generations.”

USCIB Event at UN General Assembly Reaffirms Business’ Commitment to Countering Global Challenges

Top: Brian Lowry (USCIB), Norine Kennedy (USCIB) Bottom: Michele Parmelee (Deloitte), Hans-Jorn Weddige (Business at OECD)

On the margins of this week’s 76th United Nations General Assembly (UNGA), USCIB partnered with the International Organization of Employers (IOE) and Business at OECD to organize a virtual discussion titledReinvigorating Inclusive Multilateralism: A Business Townhall at UNGA76.” The meeting was dedicated to the memory of John Ruggie, former UN Special Envoy for Business and Human Rights, who recently passed away.

Ester Baiget, Novozymes chief executive, and USCIB Trustee and Sustainability Champion, opened the event. “We must drive the change we want to see together,” said Baiget in her opening remarks.

Other USCIB Board members, namely Michele Parmelee (Deloitte) and John Frank (Microsoft), also served as speakers, on climate change, business and human rights, and on new ways for the business community to engage with and strengthen the effectiveness of the multilateral system en route to a sustainable and inclusive recovery.

UNGA76 convenes at a time of multiple challenges, which are putting the multilateral system to the test and raising questions about the resilience of the UN and such basic values of democracy, rule of law and inclusive societies. The event focused on three fireside chats, specifically aligning with key priorities of the President of the UN General Assembly —climate change and environment; human rights and business; pandemic response and recovery.

“UN Secretary General Antonio Guterres recently issued a report, ‘Our Common Agenda,’ clearly highlighting the need to reinvigorate multilateralism,” said USCIB President and CEO Peter Robinson. “Business is ready to work with the international community and contribute to ‘break throughs’ that protect people and planet.”

Participants from business and industry, the UN, governments, and civil society tuned into the session, which highlighted the critical role of the private sector in being able to achieve ‘Our Common Agenda,’ and particularly of the U.S. private sector in aligning with global business to respond to global challenges, and provide solutions working through inclusive multilateralism.

Speakers included:

Robin Ogilvy, OECD Special Representative and Permanent Observer to the UN

Matthias Thorns, IOE Deputy Secretary General

Dr. Scott Ratzan, Executive Director, Business Partners for Sustainable Development, an initiative of The USCIB Foundation

Larry O. Gostin, Georgetown University Law School

Fernando Ylanes Almanza President, Social Security Commission, CONCAMIN

USCIB Meets With New OECD Secretary General Cormann on His First Official DC Visit

L-R: Kennedy, Robinson, SG Cormann, Johnston meet in the OECD Washington DC office in July 2021

USCIB members joined a first meeting and dialogue with OECD Secretary General Mathias Cormann, hosted by the U.S. Chamber of Commerce on July 21 in Washington DC. USCIB President and CEO Peter Robinson, and Citi Managing Director and Business at OECD (BIAC) Chair Charles R. Johnston, led the discussion, along with USCIB Board Member and Executive Vice President for International Affairs at the Chamber Myron Brilliant.

As the U.S. affiliate of and representative to BIAC, the official business spokes-organization to the OECD, USCIB values and engages with OECD on a wide range of cross-cutting issues. In light of the U.S. chairmanship of this year’s OECD Ministerial Council Meeting on October 5–6 in Paris, the meeting offered USCIB Committee Chairs and other active member representatives the opportunity to highlight their priorities for OECD’s policy recommendations.

SG Cormann described his leadership priorities for OECD, which center around restoring economic growth and recovery, including through multilateral trade. He highlighted the thought leadership role of the OECD in G7 and G20 discussions of a global corporate minimum tax rate. He also discussed the potential for OECD to contribute to a possible similar global conversation on carbon pricing and carbon border adjustment. Other topics covered included responsible business conduct; tackling illicit trade; and innovation and digital economy.

In his closing remarks, Robinson stated, “Imagine what could be accomplished if all multilateral institutions followed the OECD’s consultative model to work with business and co-create solutions to urgent challenges!”

Robinson thanked Cormann, and said that USCIB and the American business community are dedicated to working with OECD through BIAC to show the way through and past the pandemic on fundamentals like regulatory coherence and combatting corruption, as well as on emerging technologies and issues.

USCIB Letter to Trade Representative Tai Supports Greener Trade Policy

USCIB submitted a letter to United States Trade Representative (USTR) Ambassador Katherine Tai in response to Tai’s recent comments at the Center for American Progress Greening U.S. Trade Policy program. In her remarks, Tai outlined both the Biden Administration’s vision to green U.S. and multilateral trade policy and welcomed business engagement to share experience and ideas in this effort.

“We are keen to support a trade agenda that reinvigorates negotiations on environmental goods and services, addresses fossil fuel and fisheries subsidies, ensures compatibility between environmental and trade rules, and considers the circular economy holistically,” said USCIB Senior Vice President for Innovation, Regulation, and Trade Brian Lowry.

Lowry added: “USCIB and its members understand that resource conservation is a critical environmental consideration and that a resilient supply chain must recognize and account for the finite supply of planetary resources.”

In line with the explicit recognition of the criticality of resource conservation, the letter emphasized that outdated trade policies and international rules that restrict cross border flows of used products and secondary material feedstock continue to be obstacles to effective and efficient resource recovery. Reducing these barriers, alongside the encouragement and implementation of environmentally sound options to recycle and recover waste, will enable creative solutions that work in synergy with trade rather than impose counter-productive barriers.