Bonn and New York, November 17, 2017 – As the Bonn Climate Conference wrapped up its work, the United States Council for International Business (USCIB) welcomed progress on priority topics for American business in the UN climate discussions. In particular, it noted that, after two weeks of intense negotiations, governments are moving ahead on transparency rules that will provide clarity and credibility across different national pledges to reduce greenhouse gas emissions and mobilize resources to address climate change.
USCIB President and CEO Peter M. Robinson stated: “We want to express particular appreciation to the U.S. administration and the U.S. delegation attending these meetings for their accessibility and attention to advancing and defending American economic interests and opportunities in these international climate talks.”
Throughout the meeting, USCIB worked closely with the International Chamber of Commerce and the Major Economies Business Forum to call for inclusive business involvement in all areas of the climate deliberations. The Bonn outcomes also further chart the way forward for assessment and dialogue on the progress of all countries to meet Paris Agreement objectives, known as the Talanoa process, throughout 2018.
USCIB and its members have been on hand in Bonn to showcase American companies’ actions and solutions to reduce greenhouse gas emissions, mobilize investment and innovation, and inform the inter-governmental discussions going forward. Over 30,000 representatives from governments, the UN, NGOs and the business community attended the complicated technical talks to develop implementation rules for the Paris Agreement, including in the area of market-based approaches and carbon markets.
The next UN climate conference will take place in Katowice, Poland in December 2018.
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, generating $5 trillion in annual revenues and employing over 11 million people worldwide. As the U.S. affiliate of 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.
Jonathan Huneke, USCIB
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