While the UNFCCC postponed its 26th Conference of the Parties to next year, USCIB has remained active in its policy advocacy on international climate change. Most recently, USCIB Vice President for Strategic International Engagement, Environment and Energy Norine Kennedy spoke in a virtual “USA-EU Town Hall on Border Carbon Adjustments.”
The June 17 event was organized by the European Roundtable on Climate Change and Sustainable Transition (ERCST) and the Nicholas Institute for Environmental Policy Solutions at Duke University.
“Border Carbon Adjustment cannot be viewed in isolation; it is connected to carbon pricing, taxation and carbon offsets, that need to be taken into consideration when discussing this topic,” said Kennedy during her remarks.
The town hall discussion focused on the role that Border Carbon Adjustments (BCAs) may play as part of the EU Green Deal proposal and associated stimulus package. This concept aims to tackle asymmetry in climate ambition under the Paris Agreement, from carbon leakage and competitiveness standpoints.
“We need to develop and design policies that are fit for purpose and work in synergy with multilateral trade in order to successfully overcome climate challenges and fulfil the Paris Agreement goals,” added Kennedy.
USCIB strongly favors multilateral cooperative approaches and policies not only in the climate space, but also via the United Nations and other international organizations.
As international organizations such as the UN Security Council, International Monetary Fund (IMF) and World Bank are routinely working online, the World Trade Organization (WTO) has yet to fully empower its substantive bodies to meet and take decisions virtually. In light of this, USCIB, along with major industry associations across the world,
June 17, 2020, New York, New York — The United States Council for International Business (USCIB) expressed concern over reports of potentially restrictive changes to the U.S. nonimmigrant work and exchange visa programs under consideration by the U.S. Administration. The confusion caused by these reports creates uncertainty for U.S. businesses at the worst possible time – when companies are working to join with government and labor to secure a successful economic recovery following the negative health and economic impacts that COVID-19 has had on the U.S. and global economies.
USCIB
USCIB joined a
At a recent OECD virtual meeting, USCIB President and CEO Peter Robinson discussed one of the main, deep-rooted structural challenges underpinning the global economy—informality—the extent of which has been highlighted by the COVID-19 pandemic.
USCIB joined a new coalition, the Alliance for Trade Enforcement, which includes nearly a dozen other industry groups and trade associations. The coalition’s goal is to support U.S. policymakers in their efforts to enforce U.S. trade agreements and ensure that America’s trading partners end unfair trade practices. The coalition is an expansion of the Alliance for Fair Trade with India.
USCIB submitted 