Unprecedented corporate engagement on key climate issues including carbon pricing, finance, responsible policy engagement and science-based targets were announced at Caring for Climate Business Forum which took place on December 7 on the fields of Paris Climate Summit.
The high-level event convened more than 700 international representatives from business, Government, NGOs and UN bodies to discuss the importance of climate action.
UN Secretary-General Ban Ki Moon, Minister of ecology, sustainable development and energy of France Segolene Royal, US Secretary of State John Kerry and other world leaders attended the event. In his opening speech UN Secretary-General Ban Ki Moon pointed out that business has a key role in keeping global temperature increase below 2 degrees Celcius.
In response to the UN Secretary-General`s call business leaders expressed their readiness to head towards the transition to zero emissions development. UN Global Compact member of the Board and Unilever CEO Paul Polman higlighted the opinion of business community:
«Climate change and the response to it is at the heart of mankind`s relationships with each other and indeed with nature. Whether you are concerned by food security, water scarcity, inequality, natural disasters, or indeed our whole energy system, climate change connects them all and our response to it will be issue that defines human progress in the 21st century.»
According to Paul Polman, the consequences of Paris Agreement go far beyond the actions of governments: «They will be felt in banks, stock exchanges, board rooms, and research centres. Paris Agreement demands greater innovation in zero emissions technologies and business models.»
Numerous round tables resulted in fruitful discussions that covered all issues of corporate sustainable development including climate finance, clean technologies and communication strategies.
Russian Carbon Fund was the only NGO to represent Russian Federation at the Forum. Our delegation actively participated in discussions and highlited Russian archivements on the way to clean future.
Russian Carbon Fund delegation at Paris Climate Conference
As one of the most important results of the Forum, CEOs presented their voluntary commitments around concrete solutions, including:
The outcomes of Caring For Climate Business Forum were outlined in the closing speech of UNEP Executive Director Achim Steiner:
«Paris is a moment in this journey, when we moved to the point of no return. The adoption of the agreement is a clear signal that the future will be low carbon, that any developer of a technology or investor will not look at our economy, our market, at the technology or at the investment in the same way as they would have looked 5 years ago. If you are not careful, there will be big losses. Businesses will go bankrupted if they are not prepared. If economies do not embrace this challenge, their businesses and their markets will not be able to compete on the global sacle because technologies, products, efficiency and costs will move very quickly.»
From left to right: Achim Steiner (UNEP Executive Director), Alexey Shadrin (Russian Carbon Fund CEO), Anton Chupilko (Russian Carbon Fund Board member)