USCIB in the News: Op-ed in The Hill on UN Funding

un_headquarters_lo-resUSCIB President and CEO Peter M. Robinson published a timely op-ed in The Hill addressing recent calls in Congress to withhold or withdraw U.S. funding for the United Nations. The op-ed, reprinted below, is also available on The Hill’s website.

This op-ed comes as President-elect Trump’s top appointees, including his proposed foreign policy team, are on Capitol Hill for Senate confirmation hearings. We encourage you to share the op-ed with your colleagues and others who may be interested.


The Hill

January 11, 2017

Walking away from the UN would harm US economic interests

By Peter M. Robinson, opinion contributor

With President-elect Trump’s key foreign policy nominees facing Senate confirmation hearings this week and next, some lawmakers on Capitol Hill are threatening to withhold or slash U.S. funding for the United Nations.

This would be a bad idea, both for American power and influence, and for our economic interests. It would be especially risky for U.S. companies and workers.

My organization — The United States Council for International Business — has represented American business views to the U.N. and other international organizations for decades.

We know the U.N. sometimes fails to measure up to our expectations, particularly when it and its specialized agencies have provided a platform for anti-business views. Why do we put up with this? Why shouldn’t we just take our chips and go home?

Quite simply, because we know that no country, including the United States, can go it alone. A strong U.S. presence in the U.N. enhances our influence and our overall security.

More than ever, at a time when terrorism, cybersecurity threats, disease pandemics and refugee crises can disrupt our lives, we need the kind of platform for close international cooperation and collective action that the U.N. can provide.

This is especially true for American companies with customers, employees and operations around the world. While we may not agree with everything the U.N. does, it is simply not in our interest to withdraw support.

We in the private sector see an urgent need for the United States to stick up for its economic interests in the U.N.

For instance, in the negotiations that culminated in the 2015 Paris Climate Agreement, the U.S. had to push back hard against proposals to undermine protection for innovation and intellectual property rights, to assign historical liability for loss and damage from natural disasters, and to ban certain technologies or energy options important to U.S. energy security and climate risk reduction.

Without strong U.S. leadership, these initiatives would have carried the day, hampering American jobs and competitiveness.

At their best, the U.N. and similar bodies set global standards and develop rules that allow U.S. businesses to plan and invest.

Recent U.N. initiatives that have helped American business and our economy include agreements that support a fundamentally “hands-off” approach to the global Internet and guidelines laying out the roles and responsibilities of the private sector and governments in upholding human rights.

Moreover, the U.N. has recently developed the 2030 Sustainable Development Goals (SDGs), addressing an array of challenges, from ending global poverty and hunger to ensuring access to energy, for the next decade and beyond.

The SDGs were developed in close partnership with the private sector, which will be responsible for “delivering the goods” in many, if not most, measures of success.

So, is the U.N. perfect? Far from it, but withholding funding or walking away from the U.N. won’t change that.

Like it or not, it is part of the fundamental infrastructure for global economic activity. Like other infrastructure, the U.N. is desperately in need of repair to meet the needs of the 21st century.

If we play our cards right, this can be a century of American-led innovation and entrepreneurship. President-elect Trump’s administration should insist that the U.N. live up to its potential, defending and advancing U.S. interests in the influential world body.

Business will be there to help. Just last month, the U.N. afforded highly-selective Observer Status in the U.N. General Assembly to the International Chamber of Commerce (ICC), the business organization that represents enterprises across the globe in numerous U.N. deliberations.

This is an important sign of progress, indicating that the U.N. recognizes the need to work more effectively with business.

(Full disclosure: My organization serves as ICC’s American chapter and we pushed hard in support of ICC’s application.)

Congress should meet U.S. funding obligations and work with the Trump administration to hold the U.N. accountable to the U.S. and other member governments, as well as to economic stakeholders in the business community.

Strong engagement and leadership in the global body by the United States is an opportunity too important to lose. American security, jobs and economic opportunities are at stake if the U.S. were to indeed walk away.

Peter M. Robinson is president and CEO of the United States Council for International Business. He is an appointee to the President’s Committee on the International Labor Organization and the Secretary of State’s Advisory Committee on Public-Private Partnerships. Robinson holds a master’s degree in international affairs from Columbia University.

The views expressed by contributors are their own and not the views of The Hill.

WTO Members Fail to Wrap Up Green Goods Agreement

WTO headquarters in Geneva
WTO headquarters in Geneva

USCIB and other business groups expressed disappointment at the failure to conclude negotiations toward an international Environmental Goods Agreement (EGA) among more than a dozen leading members of the World Trade Organization. A concluded agreement promised to free up trade in a wide variety of environmentally friendly goods and technologies.

“This is a missed opportunity, both for the environment and for the international trading system,” stated USCIB President and CEO Peter Robinson. “To business, it is clear that achieving greener growth depends on the widespread deployment of innovative technologies and management systems through more open trade and investment. These can help to address climate risks, improve food, water and energy security, and offer cleaner goods to consumers in developing countries. A conclusion of the EGA negotiations would have been a big step in that direction.”

The Coalition for Green Trade, of which USCIB is a leading member, issued a press release stating, in part: “The failure to conclude this deal represents a significant missed opportunity for the global economy, delaying positive contributions to job growth, innovation and environmental goals until a later date.”

According to Eva Hampl, USCIB’s director of trade and investment policy, who was onsite in Geneva for the conclusion of the talks, negotiations fell apart over a disagreement over product lists. “While we end the year without an agreement in hand, we are hopeful that the parties will resume negotiations in the near future,” said Hampl.

China had a number of unique concerns with respect to the types of goods to be covered by the EGA as well as some agreed-upon text provision. In the end, China failed to come to the table with a constructive proposal, in the face of a workable solution as presented by the Chair of the negotiations.

USCIB has worked closely with a variety of international partners to push for ambitious approaches to environmental challenges that take account of the unique contributions of the business community and the multilateral trading system. At the recent COP22 climate talks in Marrakesh, USCIB joined over 40 other business groups in a joint declaration of private-sector action on climate.

Private Sector Unites for Action Under Paris Climate Agreement

USCIB joined representatives from over forty leading national and international business groups to endorse the Marrakesh Declaration, agreed at the High Level Business Summit on November 16 during the 22nd UN Convention on Climate Change (COP22) meetings in Marrakesh.  This meeting, convened by Morocco’s preeminent business group, the Confederation General des Enterprises de Maroc (CGEM) and the leading French business organization, MEDEF, agreed a consensus statement on business priorities and commitment to further develop the Paris Agreement and to create enabling frameworks to support business investment, innovation and implementation of the UN climate agreement.

The main objective of COP22 was to accelerate technical work and guidelines for reporting under the Paris Agreement in several areas, including tracking government action and linking carbon markets, in order to support implementation and meet deadlines resulting from the rapid ratification and entry into force of the Paris Agreement.  While few substantive issues were resolved, the two weeks of negotiations did deliver decisions to outline a timetable for future work and request submissions from governments on a wide range of policy and market topics. Over 20,000 government, UN, NGO, business and press representatives attended COP22.  Members of USCIB on hand at the conference included Nick Campbell, Arkema, Justin Perrettson, Novozymes, Russel Mills, Dow Chemical Company, Brian Lowry, Monsanto, Arthur Lee, Chevron and Jorge Dieguez, Dupont.

While the outcome of the U.S. presidential election did raise questions regarding the U.S. role in the UN Framework Convention on Climate Change, according to Norine Kennedy, USCIB’s vice president for energy and environment, “We regard U.S. government involvement in the UN climate process as critical to represent and defend U.S. economic interests overseas, and promote U.S. innovation as part of the solution to energy security and lower carbon economic activity.”

USCIB also presented on business perspectives on implementing the Paris Agreement and the role of business in developing and improving national pledges, known as Nationally determined contributions (NDCs), that are the foundation of the Paris Agreement.  At an official COP22 side-event on November 18, organized by the Major Economies Business Forum (BizMEF), of which USCIB is a founding member, Kennedy participated on a panel with other experts and representatives from the U.S. Chamber of Commerce, the Turkish business association, TUSIAD, the Austrian Federal Economic Chamber, The Confederation of Swedish Enterprise, Japan’s business group Keidanren, and the Global CCS Institute.

USCIB actively works with BizMEF to develop global business recommendations on the top-line issues that matter to U.S. business. Just one week prior to the official COP22 side-event, USCIB, through BizMEF, partnered with CGEM to convene the 4th BizMEF Business Dialogue. This Dialogue brought together over seventy participants from business, governments, and UN agencies and was a crucial platform for Kennedy to present USCIB’s report on the role of business in developing national pledges under the Paris Agreement, with recommendations for involving the private sector in national and international assessments of climate action.

The next two years will bring multiple fast-moving – by UN standards – decision-making deliberations across a number of key issues, and USCIB will continue to track those that most directly impact our members. USCIB will focus on ways to carve out a clear role for business input and representation in the process. Kennedy emphasized, “We consider it fundamental, at both the national and international levels, for policy makers to consult with business on the economic and environmental aspects of climate policies. There is no doubt that the Paris Agreement has implications for every business sector, across all types of commercial activity, in the near and the long terms. So preserving and improving the UN system’s accountability and transparency, and creating new opportunities for the private sector to contribute, this is USCIB’s bottom line.”

USCIB will circulate a comprehensive COP22 report out and seek USCIB members’ recommendations on 2017 USCIB climate advocacy in early December.  Please contact Norine Kennedy to get involved in USCIB’s climate and environment committees.

CLICK to download new BizMEF statements on the role of business in the UN climate talks, implementing the Paris Agreement, national reporting and verification and greenhouse gas markets.

Will COP22 Mark the Beginning or the End of the Paris Climate Agreement?

Norine Kennedy at COP22
USCIB Vice President Norine Kennedy at COP22 in Marrakesh

The first part of the UN climate talks that wrapped up last week in Marrakesh, Morocco coincided with the U.S. presidential election. According to Norine Kennedy, USCIB’s vice president for energy and environment, who was in Marrakesh for the duration, Donald Trump’s election as the next U.S. president delivered a jolt to negotiators, who suddenly were faced with the prospect of a possible U.S. pullout from the historic Paris Climate Agreement agreed last December. But negotiators rallied around the agreement, which entered into force earlier this month, presenting a challenge to the new U.S. administration come January 20.

As COP22 – the 22nd Conference of Parties to the UN Framework Convention on Climate Change – was coming to a close, Kennedy presented on business perspectives on implementing the Paris Agreement and the role of business in nationally determined contributions (NDCs) at an official COP22 side-event on November 18. The side-event was organized by the Major Economies Business Forum (BizMEF), of which USCIB is a member. Kennedy participated on a panel with other experts and representatives from the U.S. Chamber of Commerce, the Turkish business association Tüsiad, the Austrian Federal Economic Chamber, Confederation of Swedish Enterprise, Japan’s business group Keidanren, and the Global CCS Institute.

USCIB actively works with the Major Economies Business Forum (BizMEF), developing global business recommendations on the top-line issues that matter to U.S. business. Just one week prior to the official COP22 side-event, USCIB, through BizMEF, partnered with Morocco’s preeminent business group, General Confederation of Moroccan Enterprises (CGEM) to hold a Business Dialogue with government and UNFCCC secretariat representatives. This Dialogue brought together over seventy participants from business, governments, and UN agencies and was a crucial platform for Kennedy to present USCIB’s report on NDC’s.

Kennedy has represented USCIB and its members in UN climate deliberations since 1993. The common thread for USCIB, she said, has always been the importance of U.S. business as solution providers and the need to have U.S. economic interests represented and furthered in international decision-making on climate change. “The climate challenge is itself a long-term phenomenon that impacts regulations and energy access in all countries where U.S. companies operate, and which will also offer new market and innovation opportunities for U.S. business,” she said. USCIB intends to provide continuity and thought leadership on climate policy in the broader context of sustainability, to the administration of President-elect Trump and to future administrations. “We intend to help U.S. government decision makers and the UN system to develop policy frameworks that best address climate change while also facilitating cross-border trade, investment and innovation by U.S. companies,” noted Kennedy.

The Paris Agreement is not a finished product – the broad outlines and goals are indeed established, but key details on a number of critical issues to business, such as the role of various national and regional carbon markets, the tracking and updating of national pledges, and how technology innovation and potential liability for climate-related damages might be tackled are still works in progress. There is still an essential role for U.S. business to stay in touch with our government delegation to offer views and suggestions on thorny issues, and provide examples and other relevant information on business initiatives.

The next two years will bring multiple fast-moving – by UN standards – decision-making deliberations across a number of key issues, and USCIB will continue to track those that most directly impact our members. USCIB will focus on ways to carve out a clear role for business input and representation in the process. Kennedy emphasized: “We consider it fundamental, at both the national and international levels, for policy makers to consult with business on the economic and environmental aspects of climate policies. There is no doubt that the Paris Agreement will affect every business sector, across all types of commercial activity, in both the near and the long terms. So preserving and improving the UN system’s accountability and transparency, and creating new opportunities for the private sector to contribute, this is USCIB’s bottom line.”

CLICK to download new BizMEF statements on the role of business in the UN climate talks, implementing the Paris Agreement, national reporting and verification and greenhouse gas markets.

Workshop Highlights Need for Business Input to Implement UN Climate Agreement

marrakechLeading business organizations met in Marrakesh, Morocco on the margins of the UN’S COP22 climate meetings, to address the next steps under the Paris Climate Agreement, specifically the prospects for injecting business expertise and technical advice into the agreement’s implementation at the national and global levels. Convened by USCIB, in cooperation with the Major Economies Business Forum (BizMEF) and the Moroccan business federation CGEM, the Marrakesh Business Dialogue brought together over 70 government, business and UN representatives at the Universite Privé de Marrakesh.

Topics under discussion included where national pledges to reduce greenhouse gas emissions could be delivered more cost effectively, and where business could provide necessary information to international reviews of progress under the Paris Agreement. Previous USCIB-organized BizMEF Dialogue meetings in Doha, Warsaw and Lima provided important thought leadership and input to the UN process, en route to finalizing the far-reaching treaty agreed last year.

“The Paris Agreement’s entry into force earlier this month increases the urgency to engage business in all aspects of the Paris Agreement, including its implementation,” according to USCIB Vice President Norine Kennedy, who is spearheading USCIB’s representation in Marrakesh.

Opening the meeting, Said Mouline, the Moroccan official responsible for public-private partnerships for COP22, stated that “business engagement is needed for capacity building and technology transfer.” In the course of the dialogue, participants talked about defining entry points in the Paris Agreement for representative business organizations that would contribute to transparency in reporting, reviewing national progress and informing future national pledges.

Business and government representatives agreed that both have a lot to gain from working together on the NDCs, improving transparency and measurement, verification and verification (MRV) systems, and seeking to maintain continuity and resilience of the pledges made. This cooperation will need to long term and ongoing, through the five-year cycles that are at the heart of the infrastructure of the Paris Agreement.

USCIB’s Kennedy presented a recently completed report, Business Engagement in Domestic and International Implementation of the Paris Agreement. This first-of-its-kind report offers case studies from BizMEF partner organizations and recommends a recognized business interface to be developed as part of the Paris Agreement institutional infrastructure.

“USCIB’s consistent message has been that enhancing business engagement is not just a matter of innovative governance and partnership, but also a prerequisite for successful and cost-effective implementation of climate policy,” stated Kennedy. She said such engagement should build on existing entities such as the Green Climate Fund, the Technology Executive Committee, and the Climate Technology Center and Network, and should work in synergy with the Global Action Agenda and NAZCA Platform. “The structure can be similar to other existing successful examples of business consultation and dialogue in inter-governmental forums,” such as the OECD and the Strategic Approach to International Chemicals Management, she said.

Kennedy added: “It is the business community that will do much of the implementation that is needed to reach the goals under the Paris Agreement, and USCIB has set enhancing recognized business consultation as a priority in its post-Paris climate advocacy.”

Kennedy stated that it is only with broader, more substantive and inclusive business engagement that the Paris Agreement can meet its potential. “This is more than a “nice-to-have,” she said. “It is essential to further the evolution at needed speed and scale to a lower carbon and sustainable global economy.”

BizMEF, of which USCIB is a founding member, is a partnership of leading multi-sectoral business organizations from over 25 major economies that provides responsible business views and practical input to inform deliberations in the United Nations Framework Convention on Climate Change (UNFCCC).

As Paris Agreement Enters Into Force, What’s Next on Climate?

kennedy_cop21
USCIB Vice President Norine Kennedy at last year’s Paris climate summit

The Paris Climate Agreement entered into force on November 4, as a critical mass of countries and regions deposited their instruments of ratification with the United Nations. But this marks more of a beginning than an end, since national governments and the UN system still must determine future steps in greenhouse gas reduction and measures to adapt to climate change. As COP22 – the 22nd Conference of Parties to the UN Framework Convention on Climate Change – got under way in Marrakesh, Morocco, we spoke with Norine Kennedy, USCIB’s vice president for energy and environment and a longtime participant in the UN climate talks, about the importance of the Paris Agreement’s entry in to force, and about what comes next.

Q. Why should U.S. business be interested in the post-Paris discussions in the UN?  Isn’t the ink dry and the rules set?

A.  In fact, the Paris Agreement is not a finished product – the broad outlines and goals are indeed established, but key details on a number of critical issues to business, such as the role of various national and regional carbon markets, the tracking and updating of national pledges, and how technology innovation and potential liability for climate-related damages might be tackled are still works in progress. There is still an essential role for U.S. business to stay in touch with our government delegation to offer views and suggestions on thorny issues, and provide examples and other relevant information on business initiatives.

Q. What does Paris Agreement’s entry into force mean for the private sector?

A. While it’s usually accurate to characterize the UN as a slow-moving beast, in this instance the quick entry into force of the Paris Agreement triggers a rapid scramble by governments to resolve outstanding issues and define important rules that govern new policies, and the review of national actions, and drive the development of even more ambitious actions. The next two years will bring multiple fast-moving – by UN standards – decision-making deliberations across a number of key issues, and USCIB will continue to track those that most directly impact our members. Through our affiliations with the International Chamber of Commerce (ICC) and the Major Economies Business Forum (BizMEF), we are developing global business recommendations on the top-line issues that matter to U.S. business. This is important, because it means that USCIB recommendations are amplified to other governments, and strengthened by alignment with the broader international business community.

[CLICK to download new BizMEF statements on the role of business in the UN climate talks, implementing the Paris Agreement, national reporting and verification and greenhouse gas markets.]

Q. What are USCIB’s priorities when it comes to some of the unfinished business from last year’s climate summit in Paris?

A. As the structure of UN initiatives under the Paris Agreement take shape, USCIB is focused on ways to carve out a clear role for business input and representation in the process. We consider it fundamental, at both the national and international levels, for policy makers to consult with business on the economic and environmental aspects of climate policies. There is no doubt that the Paris Agreement will affect every business sector, across all types of commercial activity, in both the near and the long terms. So preserving and improving the UN system’s accountability and transparency, and creating new opportunities for the private sector to contribute, this is USCIB’s bottom line. This is especially important as some other UN forums, such as the World Health Organization, are actively seeking to limit or exclude business input. As we have said on many occasions, if a UN climate agreement doesn’t work for business, it simply won’t work.

Q. Any thoughts about the U.S. presidential election and its implications for the UN climate process?

USCIB has represented its members in the UN climate deliberations since 1993, which is to say, over the course of several U.S. administrations. They have each been different, and USCIB has adjusted accordingly while staying the course. The common thread for USCIB has always been the importance of U.S. business as solution providers and the need to have U.S. economic interests represented and furthered in international decision-making on climate change, regardless of who is in the White House or in control on Capitol Hill. The climate challenge is itself a long-term phenomenon that impacts regulations and energy access in all countries where U.S. companies operate, and which will also offer new market and innovation opportunities for U.S. business. USCIB intends to provide continuity and thought leadership on climate policy in the broader context of sustainability, to the next administration and to future administrations. We intend to help U.S. government decision makers and the UN system to develop policy frameworks that best address climate change while also facilitating cross-border trade, investment and innovation by U.S. companies.

USCIB Welcomes Selection of Guterres as New UN Secretary General

Mr. Antonio Guterres former United Nations High Commissioner for Refugees addressed the press at the stakeout after the casual meeting with member states
Antonio Guterres of Portugal. UN Photo/Manuel Elias

New York, N.Y., October 7, 2016 – The United States Council for International Business (USCIB), which represents American business views to the United Nations and other international bodies, applauded the selection of Antonio Guterres of Portugal as the next UN secretary general, succeeding Ban Ki-moon.

“The selection of Prime Minister Guterres is a welcome signal of agreement among Security Council members on the urgent need to address the refugee crisis and other pressing global issues, many of which will require significant input and assistance from the private sector,” said USCIB President and CEO Peter M. Robinson. “His leadership at the helm of the United Nations will be essential to developing robust international frameworks that business needs in order to innovate and thrive.”

The Security Council’s selection of Guterres, the former Portuguese prime minister who served for 10 years as UN high commissioner for refugees, will be formally voted on by the UN General Assembly next week.

USCIB Chairman Harold McGraw III, who also serves as honorary chairman of the International Chamber of Commerce, added: “The American business community understands the importance of multilateral cooperation, whether on trade, investment or climate change, and we know the UN system is the anchor for this essential collaboration. We look forward to continuing to work in partnership with the UN to successfully address global problems to provide increased economic growth and prosperity across the world.”

Robinson also expressed appreciation for the outgoing UN secretary general’s achievements and dedication to partnering with business. “Throughout the UN deliberations on sustainability and climate change, Secretary General Ban has consistently sought to work with the private sector, recognizing that today’s economic and environmental challenges require private sector solutions and investment,” he said.

Companies of all sizes and from all sectors have already pledged to respond to the refugee crisis through a series of initiatives – from funding campaigns to delivering essential training programs. USCIB’s global network is encouraging companies to do more where they can, based on their own assets and capabilities.

Separately, USCIB welcomed the entry into force of the Paris Agreement, the global pact on climate agreed at last year’s COP21 summit. USCIB and its global business network have provided significant substantive input to the UN climate negotiations since their inception, and they are working to develop a formal channel for private-sector views and solutions to the agreement going forward.

About USCIB:
USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and regulatory coherence. Its members include U.S.-based global companies and professional services firms from every sector of our economy, with operations in every region of the world. With a unique global network encompassing the International Chamber of Commerce, the International Organization of Employers, and Business at OECD, USCIB provides business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment. More information is available at www.uscib.org.

Contact:
Jonathan Huneke, VP communications, USCIB
+1 212.703.5043 or jhuneke@uscib.org

U.S. Business Hails Paris Climate Pact’s Imminent Entry Into Force

COP 21 Paris 2015 logoNew York, N.Y., October 6, 2016 – The United States Council for International Business (USCIB), which represents American business views to the United Nations and other international bodies, applauded the crossing of a key threshold for entry into force of the landmark Paris Climate Agreement, following its ratification by a critical mass of the world’s greenhouse gas-emitting nations. Looking ahead to the next major UN climate meeting in Marrakesh next month, USCIB called on UN member governments to work with the private sector in implementing the historic pact.

“This is a major accomplishment, and it paves the way for greater cooperative action to effectively address climate change in the years ahead,” said USCIB President and CEO Peter M. Robinson. “To do so will require close collaboration between governments and the private sector, from which so many of the technological innovations and investments to deal with climate change will come. USCIB and our global business partners have contributed mightily to this effort, and we are fully prepared to ramp up business support and engagement once effective systems of private-sector consultation are put in place at the national and international levels.”

Agreed at the COP21 Summit in the French capital last December, the Paris Agreement sets out a global plan for reducing heat-trapping emissions of carbon dioxide and other greenhouse gases from 2020 onward, with long-term targets through the end of the century. It is built on nationally determined pledges by nearly all countries. Yesterday, the European Parliament reached consensus on EU-wide ratification, pushing the needed number of countries and collective emissions past the threshold for entry into force.

Unlike its predecessor, the Kyoto Protocol, the Paris accord engages all countries in climate action under an international cooperative framework on mitigation, adaptation and resilience. It requires periodic reporting and review of governmental actions, based on a foundation of national pledges and actions, while calling on countries to set progressively more ambitious greenhouse gas reduction targets at five-year intervals.

“USCIB members were on hand at COP21 in unprecedented numbers to demonstrate their commitment and stake in the accord, and we are confident that this engagement will continue,” said Robinson. “USCIB is ready to strengthen its involvement with the UN process to build long-term cooperation for practical and cost-effective results.”

In its over 20 years of involvement in the UN Framework Convention on Climate Change (UNFCCC) process, USCIB has emphasized that the linchpin for successful implementation will be private sector involvement at national and global levels, according to Norine Kennedy, USCIB’s vice president for environment and energy.

“Governments will look to business for technical advice, as well as finance, investment and implementation, and we are ready to step up,” Kennedy said. “Important unfinished business remains in elaborating the Paris Agreement and building its support structure, which would be made stronger with business input. In particular, the agreement will need to provide more clarity on how markets and the private sector can contribute.”

About USCIB:
USCIB promotes open markets, competitiveness and innovation, sustainable development and corporate responsibility, supported by international engagement and regulatory coherence. Its members include U.S.-based global companies and professional services firms from every sector of our economy, with operations in every region of the world. With a unique global network encompassing the International Chamber of Commerce, the International Organization of Employers, and Business at the OECD, USCIB provides business views to policy makers and regulatory authorities worldwide, and works to facilitate international trade and investment. More information is available at www.uscib.org.

Contact:
Jonathan Huneke, VP communications, USCIB
+1 212.703.5043 or jhuneke@uscib.org

Business Highlights Opportunities to Strengthen Paris Agreement

ParisWorkshopLast week, business, government, OECD and UNFCCC representatives attended a first of its kind workshop at the OECD to share experiences and explore next steps to enhance the role of business in the preparation, review and improvement of national pledges for the Paris Agreement.  Organized by BIAC and the Major Economies Business Forum (BizMEF),  the workshop included presentations of pro-active business dialogue and cooperation with national and regional governments from representatives of BusinessEurope, CNI, Keidanren, and MEDEF.

Opening the meeting, Russel Mills, Dow Chemical, Chairman of BIAC’s Environment and Energy Committee, stated that “in today’s increasingly inter-linked economies more in-depth cooperation between governments and business is essential to build the best models to most effectively tackle our major climate change challenges.” Over the course of the workshop, representatives of the UNFCCC and its Paris Agreement and implementation bodies presented their perspectives on where business could support action and inform technical discussions leading up to entry into force of the Paris Agreement and the development of rules for tracking progress of national actions.

Norine Kennedy, USCIB, presented a discussion paper, Business Engagement in Domestic and International Implementation of the Paris Agreement: Institutional Infrastructure for Nationally Determined Contributions (NDCs) and the UN FrameworkConvention on Climate Change (UNFCCC) , prepared by USCIB for BizMEF.  The discussion paper offers case studies drawn from a BizMEF survey of its partner organizations and recommends a recognized business interface to be developed as part of the Paris Agreement institutional infrastructure.  This unique report offered to UNFCCC by leading national and regional representative business groups will be further elaborated and presented in final form at a BizMEF side event during the next climate meetings in Marrakesh in November.

BIAC representatives also attended the OECD Global Forum on Climate Change this week.  BIAC’s ongoing policy work to advise OECD member states highlights the necessity of innovative technologies and investments that will support and scale up mitigation, adaptation and resilience.  In his closing comments, Mills reminded the Workshop that when “business identifies the most cost effective options for climate policy, this helps governments and society tackle climate challenges faster and cheaper.”

To read the current discussion draft, click here. We will keep you informed of further developments.

Roundtable on Business Engagement in the Paris Climate Agreement and INDCs

forest_greenThe Business and Industry Advisory Committee (BIAC) to the OECD welcomed the successful conclusion of COP 21 in Paris last December and underlined the importance of active business involvement in the implementation of the agreement. On September 12, the Major Economies Business Forum (BizMEF) in cooperation with BIAC will organize a roundtable on Business Engagement in Intended Nationally Determined Contributions (INDCs), or country pledges, and the Paris Agreement, back-to-back with the bi-annual OECD/IEA Climate Change Expert Group Meeting in Paris.

Over the past year, major business organizations have shared their experiences consulting with national governments in the preparation of initial INDCs and contributed to a survey prepared by USCIB. Participants from business, governments, academia and international institutions will discuss results and lessons learned as well as ways that business can contribute to the new five-year cycles of domestic and international processes to take stock of global implications and to renew and review INDCs. Discussions will benefit from the unique insights business has into the implications of the portfolio of INDCs for their operations, and investments, and for supply and value chains in the globalized economy.