Ahead of the White House Leaders’ Climate Summit, the Major Economies Forum and the Biden Administration’s unveiling of its Paris Agreement pledge and implementation plan, also known as the U.S. Nationally Determined Contribution (NDC), the Major Economies Business Forum (BizMEF) hosted a virtual Business Dialogue on April 21 on “Synergies with Sustainable Recovery: The Role of Business in Strengthening NDCs,” moderated by USCIB Senior Vice President Norine Kennedy.
Opening the meeting was USCIB President and CEO Peter Robinson, who reflected on the crucial nature of inclusive multilateralism and the thought-leadership contributions USCIB has made in international climate change policy over the past two decades.
“An inclusive U.S. NDC will also be an ambitious and resilient one,” said Robinson. “During U.S. Climate Week, we can inspire and learn from one another. COP after COP since 1993, USCIB has worked supportively with U.S. administrations to make real progress for private sector innovation, investment and action in the UN Framework Convention on Climate Change (UNFCC). We’ll also be working with the International Chamber of Commerce (ICC), the International Organization of Employers (IOE), and Business at OECD (BIAC) to encourage governments around the world to strengthen their NDCs.”
During the meeting, government, and industry speakers from Japan, Denmark, Kenya and India discussed linking recovery and climate action through inclusive, ambitious NDCs, engaging business at national and global levels.
Jesse Young, senior advisor to the Special Presidential Envoy on Climate John Kerry, concluded the meeting with what can be expected during the White House Leaders’ Climate Summit; in addition to a new U.S. NDC, the Administration will release the first-ever international climate finance plan which will include a blueprint for how all U.S. government agencies will be enhancing action on climate change, as well as clear targets on climate finance, keeping in mind the role of business. He also commended BizMEF for continuing to advance constructive recommendations on international climate policy, when Major Economies Forum meetings were discontinued.
About: This virtual Business Dialogue built on BizMEF Dialogues at COPs in Doha, Warsaw, Lima, Bonn, Katowice and Madrid in 2019, followed by a first Virtual Business Dialogue in December last year. The Major Economies Business Forum on Energy Security and Climate Change (BizMEF) is a partnership of major multi-sectoral business organizations from major economies in developed and developing countries, and includes BusinessEurope, CII, CEOE, Business Unity South Africa, CGEM, MEDEF, BDI, Keidanren, and CNI. Since its launch in 2009, BizMEF has provided responsible business views and practical input to the international climate change discussions at UNFCCC and OECD. USCIB is a founding partner of BizMEF, and helps support the alliance’s activities.