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16 Nov 2010 05:11:43

Business Leaders urge to act at Cancun



Business leaders urge politicians to act on climate change
Business leaders released today The Cancun Communiqué that urge politicians to deliver more progress in the Cancun Summit.
Business leaders from around 250 companies have launched today The Cancun Communiqué that issues a renewed call for politicians to deliver "an ambitious, robust and equitable global deal on climate change" at the forthcoming UN climate summit in Cancun, Mexico.
The Cancun Communiqué reiterates the message contained in the Copenhagen Communiqué that was released in the run-up to last year’s UN climate change summit, and was ultimately endorsed by more than 950 companies. It states, "The scientific evidence remains overwhelming, and the case for bold and urgent action to tackle climate change is stronger than ever."
Business leaders urge diplomats to deliver more progress in the upcoming Cancun Summit. They call on them to deliver on previous commitments to agree carbon emission targets, increase climate change financing, and establish mechanisms for protecting forests and verifying carbon emission cuts. The Cancun Communiqué accuses diplomats of leaving the business community feeling unsure of low-carbon investment decisions as a result of their failure to deliver a more ambitious agreement in Copenhagen.
The Cancun Communiqué focuses on rapid improvements in key areas such as energy efficiency, low carbon energy systems and CCS
Also, the Cancun Communiqué calls for new sectoral, bilateral or regional agreements that focus on delivering rapid improvements in a number of key areas, including energy efficiency, low carbon energy systems, carbon capture and storage, and land use management.
The Cancun communiqué was formally launched today at an event in Brussels attended by European Commissioner for Climate Action, Connie Hedegaard, and the Ambassador of Mexico to the EU, H.E. Sandra Fuentes-Berain. The event will be followed by similar launches in Brazil, the US, South Africa, South Korea and Japan over the next month, being presented to world leaders at the Cancun Summit on December 5.
As well as the Copenhagen text, the Cancun Communiqués have been orchestrated by The Prince of Wales's Corporate Leaders Group on Climate Change, and it is once again calling on business leaders who agree with the text to formally sign up in support of the communiqué. A number of the world's largest companies have already endorsed the Cancun Communiqué including Nestlé, Philips, Royal Dutch Shell, Tesco and Unilever.
A spokesman for the group said that the Cancun Communiqué was unlikely to gather quite the same level of support as the more high-profile Copenhagen Communiqué, but the number of companies so far signed up was comparable with the number signed up at the same stage last year.


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