Focus on long-term, business urges climate change...Focus on long-term, business urges climate change...

 
 

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Focus on long-term, business urges climate change governments

Business recognizes that serious action on climate change is required

Buenos Aires, 17 December 2004 -- International climate change policy needs to respond to energy and economic growth needs of developing countries, drive technological innovation and stimulate global participation according to the business and industry groups attending the United Nations climate change talks here.

In a speech delivered during the official UN closing session, and speaking on behalf of the more than 200 international business delegates gathered in Buenos Aires, Argentinian CEO, Mr Arturo Acevedo said governments needed to balance the competing priorities of "economies, competitiveness, development, lifestyles and the environment".

"Businesses all over the world recognize that the climate change challenge is serious and many are taking action," said Mr Acevedo, CEO of local company, Acindar. "We call upon governments to think of the pressing needs in Latin America and other developing countries for investment, market access and economic development that will address environmental issues and enable our societies to flourish.

"With such potential for far-reaching consequences, the international community must find effective ways to proceed that include all countries and regions. Business remains concerned that current implementation approaches have the potential to impose high costs on business and society, exacerbate tensions in international trade, and to damage economic prospects, competitiveness and investment, while doing little to address increasing global greenhouse gas emissions."

Urging governments to look beyond the current 2012 Kyoto Protocol commitment period, Mr Acevedo said long-term international climate policy needed to encourage investment in and widespread use of "a full range of energy and energy efficiency options and technologies".

"We must ensure the Clean Development Mechanism (CDM) will stimulate projects in developing countries as soon as possible, with all types and sizes of projects encouraged," he said. "The CDM must become more business friendly and transparent to enable greater numbers of projects. In its current form, it may be bypassed, or simply slow down and discourage cleaner investments from the private sector."

The speech was delivered at the culmination of two weeks of intergovernmental climate change negotiations in the Argentine capital.

The business and industry delegation at the meeting, coordinated by ICC, comprises more than 500 business executives from 36 countries. Representing the gamut of industry sectors, the delegates have been contributing business views to governments to ensure the negotiations take account of economic realities and focus on effective solutions to the climate change challenge.

For further information, or to arrange an interview with a member of the business delegation, contact Mary Kelly, Communications Director. Tel 33 (0)1 49 53 2987 Email:Click here to send a mail

Business perspectives on a long-term international policy approach to address global climate change

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