World business urges long-term action on climate...World business urges long-term action on climate...

 
 

Bookmark and Share
Loading...
   

World business calls for a fresh approach to address climate change

Can business meet the world's demand for energy to sustain economic growth and development while addressing climate change risks?

Buenos Aires, 9 December 2004 -- Even as the Kyoto Protocol is set to take effect, stark differences among delegates gathered here at an international conference on climate change highlight the challenge of how to proceed beyond 2012.

The International Chamber of Commerce (ICC) today called on governments to establish a more effective and forward-looking approach to address clima te risks. ICC's recommended approach would promote global participation by emphasizing cleaner development and technology.

The call was made during the 10th Conference of the Parties of the U.N Framework convention on Climate Change.

"The challenge is to meet the world's growing demand for energy to sustain economic growth and development while addressing climate risks," stated Nick Campbell, Chair, ICC Task Force on Climate Change. "The current divergence of approaches among countries on how to address the climate challenge raises serious questions around whether a progression of binding targets can marshal a sustained global response or chart a common path forward. It is vital that we learn lessons from today for tomorrow."

At a briefing today, ICC representatives urged governments to draw up an agenda for future talks under the U.N. Framework Convention that would more effectively address a wide range of issues related to energy, development, competitiveness, commercial and technology considerations. The recommendations were described in an ICC statement entitled, "Business perspectives on a long-term international policy approach to address global climate change."

Nations now confront the enormous challenge of considering climate policy beyond the first commitment period of the Kyoto Protocol. The 1997 agreement, which enters into force in February, sets emissions targets for developed countries from 2008 to 2012. Concerns have been expressed about the feasibility and economic impacts of the Kyoto Protocol, as well as its effectiveness in reducing climate change risks in any significant way. Emissions obligations and policy approaches differ considerably even among those countries implementing the Kyoto Protocol. ICC notes that such differences inevitably raise competitiveness concerns for nations and business.

ICC recognizes that climate change risks are a significant long-term concern. Brian Flannery, Vice Chairman of the ICC Environment and Energy Commission, noted that, "business and industry have actively addressed climate change for some time by investing in and promoting energy efficiency and conservation, by conducting research and development for innovative technologies, and by commercializing efficient products and processes throughout the world."

Concerning growing emissions from developing countries, Mandy Rambharos, of Eskom, South Africa, said that, "developing countries would address climate concerns in the context of pressing priorities to promote economic development, eradicate poverty and overcome serious local and environmental challenges. This will require investment in efficient technologies that promote cleaner development."

As governments consider how to proceed, ICC believes that it is essential to formulate more inclusive and effective longer-term options, taking into account their full environmental, economic and social consequences. "Long-term international cooperation should focus on an approach that promotes global participation, and encourages the long-term development, commercialization and global diffusion of advanced energy, carbon sequestration and adaptation technologies," stated Masayuki Sasanouchi, environmental affairs representative of Keidanren, the Japanese business industry association.

For more information please 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

Business perspectives on a long-term international policy approach powerpoint presentation

Istanbul news archives ICC Archives
 
ICC WCF ATA Policy Events Bookstore Court of Arbitration
 
  Copyright 2010 International Chamber of Commerce
Copyright, trademark and privacy notice



RSS