Negotiations Are Continuing at UN Climate Talks (COP29) in Baku

Agnes Vinblad at COP29

USCIB Director for Environment & Sustainable Development Agnes Vinblad represented the global Business and Industry constituency in a UN Framework Convention on Climate Change (UNFCCC) Dialogue with the Chairs of the UNFCCC Subsidiary Bodies (SB) at the UN Climate COP in Azerbaijan on November 14.

During this exchange, the SB Chairs provided updates on the negotiations thus far and welcomed input from the nine constituency groups, including business. Vinblad emphasized business support for a robust decision on the New Collective Quantified Goal on climate finance (NCQG), outlining the need for a strong and central public finance commitment at the core of the new climate finance decision. However – as almost half of climate finance today is provided by private sector – global business also calls for a constructive “outer layer” of the NCQG, to send the right investment signals to the private sector, and to align the global financial system with the Paris Agreement.

USCIB at UNGA79

USCIB President & CEO Whitney Baird and the USCIB Corporate Responsibility and Labor Affairs Team: Jose Arroyo, Ewa Staworzynska, and Gabrielle Girard.

USCIB is pleased to share a comprehensive, chronological recap of our activity during the 79th Session of the United Nations General Assembly (UNGA). USCIB leadership and policy staff covered a wide range of high-level meetings and events and were excited to support many of our members activities. From discussions on digital policy to climate change to food systems, USCIB was at the table highlighting the critical role that US businesses play in helping solve our world’s greatest challenges. USCIB celebrated the UN’s adoption of the UN Pact for the Future during the Summit of the Future (SOTF) and launched a parallel Business Pact for the Future to accelerate implementation of the United Nations 2030 Sustainable Development Agenda.  

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International Equal Pay Day Event and Reception  
September 18  

Hosted by the Equal Pay International Coalition (EPIC), the ILO, UN Women, and the OECD in celebration of International Equal Pay Day, this event raised awareness of successful policies, initiatives, and tools that are reducing the gender pay gap. USCIB Policy Manager, Corporate Responsibility and Labor Affairs Gabrielle Girard attended the event. 

 

Business Pact for the Future Launch 
September 20 

Left to right: USCIB President & CEO Whitney Baird, President & CEO of the United Nations Foundation Elizabeth Cousens, and US Representative to the UN for Management & Reform Ambassador Chris Lu.

USCIB and The USCIB Foundation hosted a “Business Pact for the Future (BPF)” launch event for the UN community and the private sector at the Yale Club of New York on September 20. BPF is a business initiative to accelerate implementation of the UN 2030 Sustainable Development Agenda, a centerpiece of the SOTF. UN Ambassadors from Canada and the United States, UN representatives from the UN Foundation and UNDP, as well as USCIB leadership—President & CEO Whitney Baird and SVP for Policy and Global Strategy Norine Kennedy—spoke at this event. Members from Novonesis, Microsoft, and Salesforce also spoke.  Read more about this event.  

 

Fostering Economic and Collective Resilience in a Fractured Global Financial Landscape: Solutions for a Path Forward 
September 21 

Left to right: International Labor Organization NY Chief for UN, IFIs & Civil Society Office Diana Chavez Varela; NY Office of the High Commissioner for Human Rights Chief, Equality, Development and Rule of Law Section Rio Hada; Permanent Mission of Mexico to the UN Delegate for 2nd & 3rd Committees Rodolfo Reta Haddad; NGO Committee on Financing for Development Chair Anita Thomas; International Monetary Fund Special Representative to the UN Robert Powell; USCIB President & CEO Whitney Baird.

USCIB President & CEO Whitney Baird spoke at this official UN Action Day side event hosted by the Mission of Mexico to the UN, the International Labor Organization (ILO), and the NGO Civil Society Committee. Baird’s remarks focused on the business community’s view that enabling frameworks are key for economic resilience, including the policy and market rules that support multilateral trade, investment, and domestic resource deployment necessary to advance the SDGs. Other speakers from the International Monetary Fund, the Office of the High Commissioner for Human Rights, World Vision International, and the International Trade Union Confederation (ITUC) shared their priorities for the 4th UN International Conference on Finance for Development (FfD4), to be held in Spain next summer.   

 

The Global Digital Compact: A Roadmap to Advance Sustainable Digital Transformation for an Equitable and Sustainable World  
September 21

This High-Level Roundtable, convened as part of the SOTF, presented a roadmap towards the implementation of the UN Global Digital Compact (GDC), an important SOTF outcome. The event was hosted by the International Telecommunications Union (ITU) and the Office of the UN Secretary-General’s Envoy on Technology (OSET). USCIB members Amazon, Google, Microsoft, Salesforce spoke about digital inclusion, universal connectivity, and how to work together to build a digital future for all. 

 

The AI Opportunity Summit for UN Leaders  
September 22 

USCIB VP for Digital Policy Cheryl Miller attended this Summit, hosted by USCIB member Microsoft. Participants heard from Microsoft CEO Brad Smith about “tech stack” and how technology can empower kids with education, create environmental solutions, and broadly support the UN SDGs. 

 

Representation Matters Reception 
September 22 

USCIB President & CEO Whitney Baird attended this event hosted by USCIB member Salesforce and Women Political Leaders (WPL) to hear from inspirational executives that are championing the cause of women in leadership and policy. The guiding principles of the Pact for the Future—inclusive governance, multilateral cooperation, and equitable representation—remained at the forefront of conversations at this event. From dialogues on increasing representation to tackling AI-driven abuse and addressing health equity, the critical role of women’s leadership has been evident throughout UNGA. 

 

Designing the Future of the Plastics Industry  
September 23 

This high-level breakfast roundtable, hosted by USCIB, the International Council of Chemical Associations (ICCA), and the World Plastics Council (WPC) discussed the future of the plastics industry ahead of the final negotiating round for a global plastic pollution treaty. Senior business leaders and key government participants engaged in an open discussion on central issues related to plastic pollution and the INC process. USCIB President and CEO Whitney Baird provided opening remarks and a wide range of USCIB members participated.  

 

Financing the Energy Transition   
September 23 

USCIB President & CEO Whitney Baird participated in this high-level roundtable, organized by ICC Global and ICC Brazil. The event was hosted at USCIB member law firm Baker & McKenzie and included approximately 40 multisectoral business representatives from across the world. Christophe McGlade, Head of Energy Supply at the International Energy Agency (IEA) led the discussion, presenting research on challenges pertaining to accelerating the energy transition in developing and emerging economies. Discussions focused on innovative financing solutions to better leverage private capital, such as blended finance, concessional finance, and the urgent need for derisking of energy infrastructure projects across the Global South. 

 

UNGA 2024 Global Stage Reception  
September 23

USCIB President & CEO Whitney Baird with ITU Secretary General Doreen Bogdan-Martin.

USCIB President & CEO Whitney Baird and ITU Secretary General Doreen Bogdan-Martin joined representatives across business, government, civil society, and the technical community at the UNGA 2024 Global State Reception hosted by USCIB member Microsoft.  As we work to build an inclusive and people-centered digital economy for all, the Secretary General explained that we need “universal meaningful connectivity” at the outset of building advanced technologies. 

 

Launch of the World Social Protection Report 2024-2026  
September 24 

Whitney Baird speaks at the Social Protection Report Launch. Also pictured, left to right: Luc Triangle, Dr. Dion George MP, and Gilbert F. Houngbo.

USCIB President & CEO Whitney Baird spoke at the launch of the World Social Protection Report 2024-2026 on behalf of IOE. The event was held at the UN and hosted by the South Africa Mission to the UN, represented by Dr. Dion George MP, and the International Labour Organization, represented by DirectorGeneral Gilbert F. Houngbo. International Trade Union Confederation (ITUC) General Secretary Luc Triangle also spoke at the event. It was also attended by the USCIB Corporate Responsibility and Labor Affairs Team: Ewa Staworzynska, Jose Arroyo, and Gabrielle Girard. Read more about this event. 

 

Turbocharging UN 2.0: Business as a Catalyst for Global Progress  
September 24 

Whitney Baird speaks at Turbocharging the UN 2.0, alongside Salesforce Executive Vice President of Global Government Affairs Eric Loeb (USCIB Board Chair).

USCIB President & CEO Whitney Baird joined IOE, Salesforce, and US Ambassador Chris Lu at “Turbocharging the UN 2.0,” an open dialogue on the challenges facing the private sector in partnering with the UN, particularly on SDG implementation.  From AI re-skilling programs to innovative ways to share data, it is clear that employers are doing a great deal. Global/local partnerships are key to multistakeholder engagement.

 

Food System Innovations, Disruptions, and Transparency  
September 24 

Left to right: Director Operational Excellence Public, Deloitte Marcello Carmignani; USCIB Director for International Agriculture Policy Natalie Bidner; and Deloitte Partner, Sustainability, Climate & Equity James Cascone.

Hosted by USCIB member Deloitte, this event brought together food systems stakeholders and advocates to share the challenges they are facing now and, in the future, and how companies are innovating to create sustainable food value chains. As companies face system shocks from climate change, conflict, competition, and other areas, the solutions needed require collaboration and investment. USCIB Director for International Agriculture Policy Natalie Bidner attended this event. 

 

Reception on Global Food Security Initiatives  
September 24 

USCIB Director for International Agriculture Policy Natalie Bidner attended this reception, hosted at the Roosevelt House for Public Policy. The reception was an intimate gathering of leaders working in Guatemala to implement the Vision for Adapted Crops & Soils (VACS) and Regenerative Agriculture. Under Secretary for Economic Growth, Energy and the Environment Jose W. Fernandez, USCIB member Cargill, and others spoke on the importance of supporting and announcing $5 million in food security assistance to Guatemalan farmers to achieve food security and resilient food systems. 

 

Leading Change with Sustainability and Responsible AI: Harnessing Digitalization for a Better Future  
September 24 

USCIB Director for Environment and Sustainable Development Agnes Vinblad attended this event hosted at One World Trade Center. Conversations at the event were guided by the UN SOTF and focused on how public and private sectors worldwide are harnessing the power of digitalization, accelerated by AI, to create a socially and environmentally sustainable future for all. This event was organized by Celonis and discussions centered on the potential of AI and other advanced technologies in accelerating implementation of the Paris Agreement and other key multilateral environmental agreements.  

 

Walmart Salon Dinner on Sourcing Resiliency and Supplier Development  
September 24 

USCIB President & CEO Whitney Baird attended a salon dinner curated by Walmart. Experts from business, think tanks, and multilateral institutions discussed sourcing resilience and inclusive growth. Throughout the dinner, participants also discussed topics shaping the future of global supply chains and inclusive business practices and came away with some actionable insights to shape strategies that enhance resilience.  

 

Reimagining Trust: People-Powered Policy Making for an Inclusive Digital Future  
September 25 

Whitney Baird gives opening remarks at a breakfast hosted by Walmart alongside Walmart’s J. Welby Leaman & Christian Gomez.

USCIB partnered with Walmart to host this breakfast roundtable on using digital tools to build trust in the communities where we operate. USCIB President & CEO Whitney Baird gave opening remarks.  Baird’s remarks focused on the importance of public and private partnerships and how digital policies should better respond to and reflect lived experiences. USCIB is seeking to foster people-powered policymaking through its recently launched Business Pact for the Future, a business initiative to accelerate implementation of the UN2030 Sustainable Development Agenda, a centerpiece of the SOTF.  USCIB, Mastercard, Microsoft, Walmart, and several academic and civil society groups discussed how to build trust and overcome the digital divide. Read more here.

 

The Global Digital Compact: Reflecting on the Role of the State in the Digital Economy  
September 25 

Mastercard PCDE Executive Director Ravi Aurora (USCIB Board), USCIB President & CEO Whitney Baird, and Mastercard Chief Administrative Officer Tim Murphy.

USCIB President & CEO Whitney Baird moderated this roundtable, hosted by Mastercard on the GDC. USCIB VP for Digital Policy Cheryl Miller spoke at the event about the future of digital public infrastructure and the outcomes of the GDC. USCIB members Apple and Microsoft also attended. 

 

Washington Post Live – This is Climate: Innovating for the Future  
September 25 

USCIB Director for Environment and Sustainable Development Agnes Vinblad attended this event, jointly hosted by Washington Post and Samsung. This series of on-stage conversations centered on innovative climate tech solutions to accelerate the transition to a low-carbon economy. This live news program featured Ali Zaidi, Assistant to the President and White House National Climate Advisor and James Manyika, Senior Vice President for Technology and Society Research at USCIB member company Google. Some key solutions referenced include the critical role of leveraging advanced technologies to develop early climate disaster warning systems and the potential to increase energy efficiency through incentivizing tax credits.  

 

Agriculture Climate Week Events   
September 25 

The International Agri-Food Network hosted a day of events to support the Food and Agriculture Organization of the UN’s Commit to Grow Equality initiative and gender equity in food systems. During the events, discussions focused on sustainable forestry practices and holistic livestock management to support healthy soils and ecosystems. These events highlighted the efforts of farmers, coalitions, businesses, researchers, and governments are making to support healthy and resilient ecosystems to pass onto the next generation. USCIB Director for International Agriculture Policy Natalie Bidner attended these events. 

 

Feeding a Fragile World: Building Resilient Food Systems and Reception  
September 25 

Economist Impact brought together the head of the Alliance for a Green Revolution (AGRA) and the business community to showcase a new initiative—the Food Imperative—to support decision-makers with data and insights to rethink sustainable food systems. Participants heard from Lineage, Nestle, Danone, and EIT Food on their initiatives to create resilient food systems and how agriculture will plan into the national adaptation plans. USCIB Director for International Agriculture Policy Natalie Bidner attended this event. 

 

2024 World Biodiversity Summit  
September 26 

The 2024 World Biodiversity Summit gathered key stakeholders from across the public and private sectors to engage in constructive discussions on how to achieve the greatest possible progress at the upcoming UN Biodiversity COP16, where many critical negotiation items will be up for decision. USCIB Director for Environment and Sustainable Development Agnes Vinblad attended this day-long event, where key agenda items covered: the urgent need to further mobilize investment in nature-based solutions, how to better integrate climate and biodiversity considerations, as well as the strong need to simplify and promote harmonization across biodiversity reporting standards and disclosure frameworks.  

 

High Level Dialogue on the Role of Private Sector in the Baku Initiative for Climate Finance, Investment and Trade (BICFIT)  
September 26 

On the final morning of Climate Week, the COP29 Climate Champions Team and the COP29 Presidency convened a high-level discussion on the recently launched COP29 Presidency Baku Initiative for Climate Finance, Investment, and Trade (BICFIT). USCIB Director for Environment and Sustainable Development Agnes Vinblad attended this dialogue. This is a new partnership aimed at enhancing coherence by better integrating climate finance, investment, trade, and sustainable development agendas. The goal of BICFIT is to ensure that climate finance, investment, and trade are considered in national climate policies and development plans, while also exploring ways to attract climate-positive investments.  

 

Implementing Inclusive Workplace Practices: Lessons from Brazil and the Global Business Community 
September 26 

USCIB SVP for Policy and Global Strategy Norine Kennedy attended this event hosted by The Society for Human Resource Management (SHRM). As co-chair of the B20 Brazil Women, Diversity, and Inclusion Action Council, SHRM convened business leaders, human resources professionals, and corporate policymakers to highlight the B20 Action Council’s policy recommendations and share innovative approaches to enhancing equity and inclusion in global workplaces. Organized by SHRM Chief of Staff, Head of Government Affairs, and Corporate Secretary Emily Dickens (USCIB Board Member), the event featured LinkedIn Head of Global Public Policy Partnerships Sarah Steinberg and ICC Brazil Executive Director Gabriella Dorlhiac. 

 

We look forward to an even more action-packed session next year, when the 80th anniversary of the United Nations coincides with the 80th anniversary of USCIB. 

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USCIB Participates in Panel at the Global Launch of the World Social Protection Report

Whitney Baird speaking at the Global Launch event.

Last week during the UN General Assembly, USCIB President and CEO Whitney Baird was a panelist at the “Launch of the World Social Protection Report 2024-2026” on behalf of USCIB and the International Organisation of Employers (IOE).  

The International Labour Organization (ILO), in collaboration with the Permanent Mission of South Africa to the United Nations, launched its flagship World Social Protection Report 2024-2026: Universal Social Protection for Climate Action and a Just Transition.  

This high-level event explored the themes and policy recommendations of the Report and provided a forum for reflection on key policy messages related to universal social protection and climate action.   

South Africa’s Minister of Environment, Forestry and Fisheries Dion George and ILO Director-General Gilbert F. Houngbo gave opening remarks. General Secretary of the International Trade Union (ITUC) Luc Triangle also spoke. 

The report focuses on the climate crisis and the need to transition to a more sustainable world and provides a global overview of progress made around the world since 2015 in extending social protection. The report also identifies protection gaps and sets out key policy recommendations, including those for achieving the targets of the 2030 Agenda for Sustainable Development.   

USCIB Represents Business at the OECD-IEA CCXG Global Forum

USCIB’s Agnes Vinblad with ACC’s Charles Franklin.

The OECD-IEA (International Energy Agency) Climate Change Expert Group (CCXG) convened its Global Forum on the Environment and Climate Change at the OECD headquarters in Paris from September 17-18. USCIB Director for Environment and Sustainable Development Agnes Vinblad served as the global lead Business at OECD (BIAC) delegate. Vinblad made interventions on behalf of business and industry in discussions on Nationally Determined Contributions (NDC), countries’ national climate pledges under the Paris Agreement 

USCIB member Charles Franklin (American Chemistry Council) also actively participated in the Forum, while USCIB members from Bayer, Chevron, and ExxonMobil attended the sessions virtually.  

The CCXG Global Forums are convened twice a year and bring together climate negotiators and delegates from both developed and developing countries, representatives from the private sector, and broader civil society, and other experts, to discuss items currently under negotiation at the United Nations Framework Convention on Climate Change (UNFCCC). 

This CCXG Global Forum served as a preparatory informal discussion ahead of the 29th UNFCCC Conference of the Parties (COP29), scheduled for November in Baku, with numerous climate negotiators from key governments attending, including representatives from the US Delegation. Discussions focused on:  

  • The NCQG (New Collective Quantified Goal), also known as “the new global climate finance goal,” and, 
  • Mitigation elements of next NDCs 

“The private sector should be a key knowledge partner for countries in their process to develop next NDCs, especially when it comes to identifying and prioritizing investment needs and identifying and addressing barriers,” said Vinblad. 

“The global business community strongly supports countries prioritizing an investment lens when thinking about the implementation of their NDCs. We encourage countries to develop investment plans to underpin their NDCs. Businesses look towards NDCs for signals and depend on a policy environment that promotes predictability, stability, and that provides clear incentives,” Vinblad continued. 

As the sole official US affiliate of Business at OECD (BIAC), USCIB members have unique access to contribute to – and participate in – OECD processes and meetings. 

USCIB Intervenes at the UNFCCC Bonn Climate Change Conference

USCIB’s Agnes Vinblad intervening at the UNFCCC.

From June 3-13, USCIB represented its members at the UN Framework Convention on Climate Change (UNFCCC) Bonn Climate Change Conference, held in Bonn, Germany. This annual meeting is a critical preparatory negotiation session ahead of the main Climate Conference of Parties (COP) each year, and USCIB representatives focused on key business topics to be discussed later this year at COP29 in Baku, Azerbaijan. 

USCIB’s Director for Environment and Sustainable Development, Agnes Vinblad, served as one of two Global Business and Industry Representatives to the first Global Dialogue convened under the United Arab Emirates Just Transition Work Programme (UAE JTWP). Throughout the two days of the dialogue, Vinblad delivered five interventions and participated actively throughout the discussion with government delegates and other observer representatives. 

During the two weeks of formal negotiations in Bonn, USCIB prioritized sessions related to the mitigation work program, just transition work program, adaptation, and follow-up items from the first Global Stocktake (GST). USCIB also placed special emphasis on engaging with key delegations bilaterally and contributed actively to the daily global Business & Industry (BINGO) morning briefings each day.  

USCIB key advocacy wins include:  

  • Advocated for US Business views to be considered in the next round of Nationally Determined Contributions (NDCs), i.e. national pledges under the Paris Agreement, to be completed next year, resulting in an invitation to deepen and continue the conversation with USCIB members. 
  • Successful follow-up engagement regarding the UNFCCC Secretariat Policy for Engagement and Collaboration with Non-Party Stakeholders (NPS), strengthening USCIB’s relationship with the Secretariat and resulting in plans for further engagement, as USCIB continues to argue for non-discriminatory access, inclusion and treatment of business representatives. 
  • Continued serving as the lead US business voice on the UNFCCC Recognition and Accountability Framework on private sector net-zero pledges, and relayed USCIB member feedback to the UNFCCC Executive Secretary Simon Stiell. 

 USCIB key engagements included: 

  • June 5: USCIB represented the Global Business and Industry constituency (BINGO) during the UNFCCC High-Level Champions Dialogue with Constituency Focal Points. 
  • June 8: USCIB chaired the BINGO briefing and was joined by negotiators from the U.S. Delegation, Kevin Adams on climate finance, and Claire Cvitanovich on agriculture. 
  • June 11: USCIB delivered the BINGO statement during the final session of the agenda item Arrangement of Intergovernmental Meetings (AIM) on observer engagement in the UNFCCC process.  

For more information, contact Agnes Vinblad avinblad@uscib.org 

USCIB Represents Global Business at UNFCCC Just Transition Dialogue in Bonn

Agnes Vinblad speaking on behalf of the Global Business & Industry constituency during the UNFCCC Dialogue under the Just Transition Work Programme

On June 2-3 in Bonn, Germany, USCIB’s Director of Environment & Sustainable Development Agnes Vinblad served as one of two formal representatives on behalf of the Global Business & Industry (BINGO) Constituency to the first Dialogue convened under the United Nations Framework Convention on Climate Change (UNFCCC) United Arab Emirates Just Transition Work Programme (UAE JTWP). The UAE JTWP was established via mandate coming out of COP28 in Dubai. 

The first Dialogue under the UAE JTWP was held under the theme “Just transition pathways to achieving the goals of the Paris Agreement through Nationally Determined Contributions (NDCs), National Adaptation Plans (NAPs) and Long-term Low Emission Development Strategies (LT-LEDS).” 

The two days were marked by active discussions amongst Parties and Non-Party Stakeholder representatives, exploring best practices and lessons learned in implementing just transition initiatives and frameworks, and identifying support needs for better integration of just transition considerations in Parties next round of NDCs, NAPs and LT-LEDs. 

During the sessions, Vinblad brought forth key points for business when considering just transition: 

“The global business community especially encourages more robust mapping of already existing just transition implementation efforts across the private sector to get a clearer picture of best practices as well as to identify gaps to understand specific support needs; this is especially critical in understanding the needs of micro-small and medium-sized enterprises (MSMEs) in regions most impacted by climate change. Business encourages regional and national partnerships that bring together all stakeholders to work collaboratively towards truly data-driven just transition integration in next round NDCs, NAPs, and LT-LEDS,” said Vinblad. 

“But the most critical point is to ensure that just transition policy measures are truly responsive, rooted in the real economy, considering sector-specific needs, and adapt to local, national and regional circumstances. There is no one-size-fits-all when talking about just transition,” Vinblad continued. 

The first Dialogue under the JTWP was convened during the SB60 pre-sessional in the days prior to the formal start of the UNFCCC Bonn Climate Change Conference (SB60). SB60 is scheduled for June 3 – 13, where Vinblad will engage in continued negotiations on just transition, along with other key priority items for USCIB members, such as matters pertaining to climate finance, carbon markets, adaptation, and mitigation. 

The 13th WTO Ministerial Conference Falls Short But Delivers Some Wins for Industry

Renewal of e-commerce moratorium and intellectual property rights secured

New York, N.Y., March 04, 2024—The United States Council for International Business (USCIB) welcomes outcomes from the WTO 13th Ministerial Conference in Abu Dhabi on two key objectives for U.S. industry: a two-year extension of the moratorium on customs duties on electronic transmissions and a rejection of efforts to waive intellectual property protections for COVID-19 diagnostics and therapeutics.

“If the moratorium had expired it would have been an historic setback, representing an unprecedented termination of a multilateral agreement that has allowed the digital economy to take root and grow over the past 25 years,” said President and CEO Whitney Baird who represented USCIB at the ministerial last week. “USCIB is similarly pleased that the WTO failed to extend a TRIPS waiver to diagnostics and therapeutics, a move that would have undermined innovative industries, global health security and international rule of law.”

Another positive outcome, according to Baird, 72 nations officially adopted the Joint Statement Initiative on Services Domestic Regulation, simplifying rules for over 90 percent of the world’s trade in services. USCIB joined the International Chamber of Commerce (ICC), for which it serves as the U.S. national committee, in welcoming the move. The agreement text had been concluded in December 2021. USCIB also hails progress at the WTO mapping out linkages and exploring best practices in consultation with industry on trade related aspects of circularity, climate, plastics and other policies aimed at advancing sustainability goals.

The outcomes in Abu Dhabi were mixed, however. USCIB is disappointed that MC13 failed to deliver agreements on agriculture, dispute settlement and fisheries, adding uncertainty to a multilateral trading system already under intense strain. “USCIB looks forward to working with the WTO to deliver outcomes in these sectors favorable to U.S. industry,” said Baird. “As the cornerstone for open, fair and reliable global trade, the WTO is too important to industry to fail.”

USCIB was on the ground in Abu Dhabi with a strong showing of member companies and the ICC, promoting robust digital and innovation safeguards, U.S. leadership on disciplines for sustainable trade, and enhanced roles for plurilateral negotiations and stakeholder engagement at the WTO.

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 the economy, with operations in every region of the world, generating $5 trillion in annual revenues and employing over 11 million workers worldwide. As the U.S. affiliate to several leading international business organizations, including the ICC, USCIB provides business views to policy makers and regulatory authorities worldwide and works to facilitate international trade and development. More at  www.uscib.org.

USCIB Represents U.S. Business at UN Meetings on Climate (COP28)

USCIB President and CEO Whitney Baird (left) moderates a panel during a US Chamber side event

The 28th Conference of the Parties to the UN Framework Convention on Climate Change (COP28) was gaveled to a close in the late afternoon on December 13 in Dubai, UAE.  

As at all prior Climate COPs in history, USCIB participated actively throughout the two weeks of the conference, constructively advocating for the importance of business inclusion in the UNFCCC process, while closely following the negotiations on a set of key agenda items, including the Global Stocktake, the Just Transition Work Programme and others. The USCIB delegation was headed by USCIB Policy Manager for Environment and Sustainable Development Agnes Vinblad. In addition, USCIB President and CEO Whitney Baird, and USCIB Senior Vice President Norine Kennedy joined Vinblad on the ground for parts of the conference. 

USCIB came to COP28 to support a strong, forward looking political outcome of the first-ever Global Stocktake, setting the stage for robust next-round NDCs that will enable the private sector to serve as core implementation partners and leaders.  

Set against the backdrop of global geopolitical uncertainty, the COP28 Presidency had an immense challenge ahead of them in facilitating a successful process with a strong outcome. Despite these concerns, this year’s Climate COP managed to bring multiple key outcomes and commitments. 

At the conclusion of COP28, 198 Parties agreed on the Dubai package called the “UAE Consensus” – the 23 page Global Stocktake outcome document, encompassing a historical decision on the Loss and Damage fund, the Mitigation Work Programme, Just Transition Work Programme, and unprecedented language pertaining to fossil fuel energy and recognizing the need to, “transition away from fossil fuels in energy systems, in a just, orderly and equitable manner.” 

According to Vinblad, this is the first time in nearly three decades of global climate change conferences, that the COP outcome text includes language on transitioning away from fossil fuels. It is important to recognize that the decision text further references the role of transition fuels, technological solutions such as carbon capture and storage, and the need to ensure energy security.  

“While there are clear gaps in the final decision text, COP28 is already being referred to as one of the most critical UN climate change conferences to date, especially with the conclusion of the very first Global Stocktake,” said Vinblad. “The UAE Consensus makes clear the importance to include all actors in society – including business – to be able to move at the scale and pace needed to speed up mitigation and adaptation efforts, while strengthening resilience and putting a stronger focus on climate finance.” 

COP29 will be hosted in Baku, Azerbaijan and has been dubbed the “finance COP” as governments will have to agree on a new climate finance goal, with the New Collective Quantified Goal (NCQG) being up for decision.  

USCIB Letter to US Administration Welcomes Strong US Leadership at COP28, Highlights USCIB Role at Climate COP

New York, N.Y., November 29, 2023—As the UN Framework Convention on Climate Change (UNFCCC) prepares to open the 28th Conference of the Parties (COP28) in Dubai tomorrow, the United States Council for International Business (USCIB), which will represent the U.S. business community at the Climate COP, sent a letter to U.S. Special Presidential Envoy for Climate John Kerry.

The letter welcomes the continued strong leadership of the Administration in climate change and its constructive focus on catalyzing investment in all forms of energy to support a just transition, new green jobs and sustainable paths to shared prosperity across society.

USCIB also recognizes the unprecedented opportunity which the Inflation Reduction Act offers to mobilize private capital to achieve our shared climate goals and strengthen long-term growth at home and abroad.

For this year’s Climate COP, USCIB will bring a multisectoral delegation of globally leading U.S. companies ready to share commitments and solutions to tackle climate change, while prioritizing investment, employment and shared economic growth in the U.S. and abroad. It has perhaps never been clearer – every sector of American business plays a critical part in strengthening implementation.

USCIB also looks forward to supporting key progress on advanced climate technologies, especially through engagement with the CTCN and the current U.S. leadership of the CTCN Advisory Board.

COP28 has the potential to become the most inclusive COP in history, with governments, Observers, NGOs, business, and wider civil society coming together for the first Global Stocktake to reaffirm commitment to the Paris Agreement and keeping the promise of 1.5 alive.

The letter can be downloaded here.

About USCIB
The United States Council for International Business (USCIB) advances the global interests of American business. We do so through advocacy for an open system of world trade, finance, and investment, where business can flourish and contribute to economic growth, human welfare, and environmental protection. We are the sole U.S. affiliate of the International Chamber of Commerce (ICC), Business at OECD (BIAC) and the International Organization of Employers (IOE). USCIB is also the only U.S. business organization with standing at the UN Economic and Social Council (ECOSOC), and is recognized at the UN Environment Program (UNEP), UN Framework Convention on Climate Change (UNFCCC) and the UN Convention on Biological Diversity (UN CBD).

USCIB Publishes Reports with Business Recommendations to Help Scale UN SDGs

Guy Ryder (UN) speaks at the USCIB High Level Roundtable during UNGA78
Guy Ryder (UN) speaks at the USCIB High Level Roundtable during UNGA78

New York, N.Y., September 18, 2023 — With the 78th session of the United Nations General Assembly in full swing, the United States Council for International Business (USCIB) announced the release of two highly-anticipated reports that provide recommendations to the UN Sustainable Development Goals (SDG) Summit. The reports — Business & the UN 2.0 and Roadmap for Results — focus on inclusive and practical multilateralism that will help scale progress of SDG target action and focus on the role of business and other stakeholders.

The reports begin with a foreword by USCIB Board of Trustees Sustainability Champion and Novozymes CEO Ester Baiget. She writes, “As blueprints for action, Roadmap for Results walks the talk of inclusive multilateralism, offering pragmatic insights and business strategies and a focus on positive impact. Business and the UN 2.0 discusses interfaces between the private sector and the multilateral system.”

USCIB’s Moving the Needle (MTN) initiative launched the reports at a USCIB High-Level Business Roundtable. The Roundtable focused on sustainability, solidarity and shared prosperity and featured high-level speakers from AT&T, Bayer, Google, Microsoft, Salesforce, the U.S. Department of State, the UN, the International Organization of Employers (IOE) and many others. Discussion topics included innovative Artificial Intelligence (AI) for the benefit of people and planet and public private partnerships for innovation and infrastructure. Business leaders from USCIB member companies presented practical business recommendations highlighted in the reports, to ramp up implementation of the SDGs and strengthen the UN’s effectiveness and impact.

“USCIB has been a staunch supporter and committed partner to the United Nations since our founding,” said USCIB President and CEO Whitney Baird in closing remarks at the Roundtable. “As the only U.S. business organization at the UN, we take our responsibility seriously to provide solutions and showcase U.S. business leadership.”

About MTN
USCIB launched the MTN initiative during the 77th Session of the UN General Assembly to focus on three priorities identified by the UN President of the General Assembly: Solutions for Sustainability, Science, and Solidarity. Through multistakeholder roundtables, held around the globe in 2022-2023, which culminated in Business & the UN 2.0 and Roadmap for Results, MTN contributed insights to the ongoing deliberations concerning inadequate progress at the halfway mark towards the UN 2030 Agenda.

About USCIB
The United States Council for International Business (USCIB) advances the global interests of American business. We do so through advocacy for an open system of world trade, finance, and investment, where business can flourish and contribute to economic growth, human welfare, and environmental protection. We are the sole U.S. affiliate of the International Chamber of Commerce (ICC), Business at OECD (BIAC) and the International Organization of Employers (IOE). USCIB is also the only U.S. business organization with standing at the UN Economic and Social Council (ECOSOC), and is recognized at the UN Environment Program (UNEP), UN Framework Convention on Climate Change (UNFCCC) and the UN Convention on Biological Diversity (UN CBD).