Businesses join together to drive global climate protection at COP16

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On the opening day of COP16, November 29, UN officials and multinational CEOs will discuss the business case for building a global low-carbon economy at an event hosted by business organizations including the Climate Group, Green Solutions, UN Global Compact, World Business Council on Sustainable Development, and World Climate Summit, and supported by the World Economic Forum Climate Change Initiative. This gathering will showcase the depth and breadth of business commitment to action against climate change and outline what businesses are already doing and how governmental leadership and civil society collaboration can help to accelerate and scale impact.

WHO: Christiana Figueres, Executive Secretary, UN Framework Convention on Climate Change
Muhtar Kent, Chairman and CEO, The Coca-Cola Company
Andrew Liveris, Chairman and CEO, The Dow Chemical Company
Jim Rogers, Chairman, President, and CEO, Duke Energy
José Antonio Fernández, Chairman and CEO, FEMSA
Carter Roberts, President and CEO, WWF-US
Charlie Rose, Moderator

WHAT: 'Business Action for Climate 2010,' organized by the World Climate Summit. A press conference and panel discussion on the business case for combating climate change, the role of business leadership, and the importance of governmental action. A reception will follow.

WHEN: Monday, November 29, 2010, 6:00-8:00pm (Cocktails 6pm, Program 6:30pm, Reception 8pm)

WHERE: Aqua Hotel, Cancun, Boulevard Kukulcan 12.5km and online at: www.wclimate.com.

WHY: Our global prosperity, health, security, and safety depend upon a sustainable energy future. With our global economy struggling, the building of the global clean economy can be the engine of our economic recovery by reducing energy expenditures through energy efficiency, by retooling manufacturing facilities to produce clean energy technologies, and by launching whole new industries.

Business seeks real progress by governments at COP16 to put in place the policy frameworks and financing initiatives to provide the predictability needed to unleash private investment for building the clean economy. Business already is investing in energy efficiency, research, development and the deployment of clean technologies, and business is designing innovative financing mechanisms to support investments. But governmental leadership is needed to bring scale and speed to this engagement.

The World Climate Summit is hosting a business and finance conference accelerating solutions to climate change on December 4-5, in Cancun, Mexico. This new, open and collaborative summit is the beginning of a 10-year framework that will support business, finance, and government leaders with designing and implementing solutions locally and globally, setting the world on a clean and prosperous path by 2020.

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