WBCSD Perspective on the 2015 Climate Change Agreement

For the future international climate agreement to have an impact on the reduction of emissions, at a scale sufficient to limit global warming to 20C, we need to scale-up business actions on climate. Although it will be predominantly business that delivers reductions globally in all the sectors – it can only happen with smart, coherent, predictable government policies that match the ambition and are sensitive to the vulnerable. Central to these are a global commitment to phase out global net emissions by the end of this century and concerted efforts towards aglobal carbon price to change the rules of the game and provide impetus to a global rewiring in favor of low carbon investment.
WBCSD members call on governments to be:

  • Ambitious: agree to a global goal of global net-zero emissions within the 21st century
  • Business-like: define a framework which will facilitate national pathways and policies to transform energy and industry systems to achieve the 20C goal. This will require implementing robust carbon pricing strategies, employing the right financial instruments,building capacities and creating a robust review cycle to make the transition to low carbon growth feasible.
  • Cooperative: work together by sharing expertise and experience for building climate resilience with a view to develop and bring to the market the innovative technologies that are needed

We are experiencing climate change every day. An increasing number of companies are adjusting their business models to deal with it effectively and investing in progressive actions. Yet, as findings from the recent IPCC reports made abundantly clear, faced with the immensity of the challenge, these measures will not be sufficient unless supported by the right policy frameworks.

We all need to do more to change the rules of the game.

Publications with the same category


WBCSD Perspective on the 2015 Climate Change Agreement

WBCSD Perspective on the 2015 Climate Change Agreement

WBCSD Climate Business Solutions Update (July 2016)

WBCSD Climate Business Solutions Update (July 2016)

Building Resilience in Global Supply Chains

Building Resilience in Global Supply Chains

Scope 3 GHG Emissions: A data roadmap

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Corporate Value Chain (Scope 3) Accounting & Reporting Standard

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Measuring to Manage: A guide to designing GHG accounting and reporting programs

Measuring to Manage: A guide to designing GHG accounting and reporting programs

The GHG Protocol for Project Accounting

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The GHG Protocol: A corporate reporting and accounting standard (revised edition)

The GHG Protocol: A corporate reporting and accounting standard (revised edition)

Guidelines for Quantifying GHG Reductions from Grid-Connected Electricity Projects

Guidelines for Quantifying GHG Reductions from Grid-Connected Electricity Projects

WBCSD Submission to the UN Climate Summit

WBCSD Submission to the UN Climate Summit

Mitigation of Climate Change

Mitigation of Climate Change

The Energy Mix: Low-carbon pathways to 2050

The Energy Mix: Low-carbon pathways to 2050

Innovating for Green Growth

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The Climate Investment Funds

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Towards a Low-carbon Economy: A business contribution to the international energy and climate debate

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Adaptation: An issue brief for business

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UNCSD 14: Energy and Climate Change: Sharpening the focus for action – A business perspective

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COP 7: A business perpective on upcoming climate change negotiations

COP 7: A business perpective on upcoming climate change negotiations

Energy 2050: Risky business

Energy 2050: Risky business

Walking the Talk on Energy and Climate

Walking the Talk on Energy and Climate

Policy Directions to 2050: A business contribution to the dialogues on cooperative action

Policy Directions to 2050: A business contribution to the dialogues on cooperative action

Energy & Climate: A contribution to the dialogue on long-term cooperative action

Energy & Climate: A contribution to the dialogue on long-term cooperative action

Pathways to 2050: Energy and climate change

Pathways to 2050: Energy and climate change

Facts & Trends to 2050: Energy and climate change

Facts & Trends to 2050: Energy and climate change

Carbon Pricing: The role of a carbon price as a climate change policy instrument

Carbon Pricing: The role of a carbon price as a climate change policy instrument

Establishing a Global Carbon Market

Establishing a Global Carbon Market

Investing in a Low-Carbon Energy Future in the Developing World

Investing in a Low-Carbon Energy Future in the Developing World

Engaging the Private Sector in the Clean Development Mechanism

Engaging the Private Sector in the Clean Development Mechanism

The Clean Development Mechanism: Exploring for solutions through learning by doing

The Clean Development Mechanism: Exploring for solutions through learning by doing