Climate Change

Open Letter to the G20 Leaders: Task Force on Low-Carbon Economic Prosperity

The Task Force on Low-Carbon Economic Prosperity was launched at a press conference on Tuesday 31st of March, at the PricewaterhouseCoopers offices in London. The task force, convened by the World Economic Forum at the invitation of Prime Minister Gordon Brown at the Annual Meeting in Davos-Klosters 2009, brings together over 50 global companies and over 30 experts and organizations.

As governments of the major economies are gearing up to spend a combined amount of about US$ 3 trillion to stimulate growth, one thing is crystal clear: to ensure our future prosperity, we need a high-growth and low-carbon economy. To that end, a set of practical policies and incentives is urgently required to help remove the obstacles to more low-carbon finance and technology. This will enable green recovery packages to have maximum impact both in the short-term and into the future. But this is not a task for governments alone. As the key delivery agent of low-carbon investment, innovation, products and services, business needs to have a voice at the table.

 Open Letter to the G20 Leaders         Press release

Building on the CEO Climate Policy Recommendations to G8 Leaders, the business-expert task force will work together over the next 6 months to provide policymakers from major economies with specific guidance on how to link designs for economic stimulus measures and the post–Kyoto climate regime, so as to maximize the opportunity for business investment in low–carbon prosperity.

 View the current Task Force participants