Industry leaders: Last call for an ambitious agreement in Copenhagen
creating new jobs, unleashing investments, shaping new markets
As a global community we are today confronted by a number of significant challenges that are inter-related; a global economic crisis, a climate crisis and an energy security crisis.
In December when world leaders and civil society come together in Copenhagen for the UN Climate Change Conference (COP15) their decisions will therefore have far reaching consequences. There is, however, still uncertainty about the level of ambition, even though Copenhagen is just 40 days away.
As industry leaders, we urge governments to show leadership and commitment in this final phase and help sustain our economy and the environment. We call upon Heads of States to go to Copenhagen in December and seize this historic opportunity.
A successful agreement at COP15 can:
- Ensure we do not lose the opportunity of creating more new green jobs
- Ensure we do not lose huge investment potential
- Secure the future of our global market place
Let there be no mistake: Industry leaders from all regions representing some of the world’s most significant companies support ambitious action on climate change in Copenhagen[1][1]. COP15 is a unique chance to create a momentum for a low carbon future but if we postpone decisions, we will lose valuable time.
An ambitious agreement at COP15 can help secure the future of our global market place, drive a new phase of sustainable growth allowing us to move from this phase of global reset into one of renewal creating as many as 10 million ‘green jobs’ internationally in the process[2][2].
It is imperative that a clear signal is sent that low carbon energy is valuable. We must put a price on carbon and a cap on carbon emissions. No long-term signal means no serious innovation at scale and ultimately an inability to achieve our goals.
Only through regulatory certainty with clear timetables including long term and short term goals can an engine of green growth emerge which drives innovation, spurs massive global investments and enhances efficiencies, allowing climate mitigation and adaptation approaches to reach scale.
Business will play its part but it is critical that the negotiations create an environment that will unlock the potential of business to do what it does best: to invest profitably, to innovate and bring affordable low carbon products and services to billions of consumers around the world.
Copenhagen can mark a new beginning. It’s important to seize this opportunity now.
Sources:
[1][1] These messages reflect numerous statements adopted by members of e.g. US CAP, World Business Council for Sustainable Development, Corporate Leaders Group, World Economic Forums Climate Initiative, 3C Combat Climate Change, The Climate Group, UN Global Compact and The Copenhagen Climate Council.
[2][2] “Cutting the costs: The economic benefits of collaborative climate action”, Tony Blair/The Climate Group 2009
