Climate Change
Introduction
The World Economic Forum engages business, government and experts in partnerships to create the low-carbon economy. The World Economic Forum provides a neutral platform to develop universal carbon emissions reporting.
Creating the Low-Carbon Economy
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. 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.
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. 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.
A World Economic Forum task force presented world leaders with proposals to accelerate private sector investment and innovation in the fight against climate change. Eighty business leaders and over 40 environmental and scientific experts outlined a plan for stimulating a "clean revolution" in the private sector within the next few years even as governments continue negotiations on a climate policy framework in the United Nations.
CEO Climate Policy Recommendations
International business leaders, together with governments and climate specialists, drew up a comprehensive set of business recommendations on a post-2012 framework for global climate policy. The CEO Climate Policy Recommendations to G8 Leaders informed G8 leaders' climate change discussions at their Hokkaido-Toyako summit in July 2008.
- 100 CEOs of global companies endorse detailed statement, representing all sectors and regions and collectively more than 10 percent of the value of the world's publically quoted firms
- “Environmentally effective and economically efficient” framework proposed to succeed Kyoto Accord
- Call for both long-term and practical medium-term targets, “such as the aspiration to at least halve greenhouse gas emissions by 2050”
- New public-private agenda for a combined top-down/bottom-up approach to reducing global emissions
A Steering Board consisting of the following World Economic Forum Industry Partner companies guided development of this CEO statement for the G8: Alcoa (USA), AIG (USA), Applied Materials (USA), Basic Element (Russian Federation), British Airways (UK), Deutsche Bank (Germany), Duke Energy (USA), Electricité de France (EdF) (France), Eskom (South Africa), Petrobras (Brazil), RusHydro (Russian Federation), Royal Dutch Shell (Netherlands), Telstra (Australia), Tokyo Electric Power (Japan), TNT (Netherlands), Vattenfall (Sweden).
Carbon Disclosure Standards Board
The Board has developed of a global framework for corporate reporting on climate change. Comprehensive, consistent and comparable information on emissions offers greater certainty on disclosure requirements for corporations, and thereby provide useful guidance for standard setting by national regulators.
Board Members are:
Carbon Disclosure Standards Board
The Board has developed of a global framework for corporate reporting on climate change. Comprehensive, consistent and comparable information on emissions offers greater certainty on disclosure requirements for corporations, and thereby provide useful guidance for standard setting by national regulators.
Board Members are:
Latest Reports
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Financing Green Growth in a Resource-constrained World
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Scaling Up Low-Carbon Infrastructure Investments in Developing Countries
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From Collision to Vision: Climate Change and World Trade
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Managing our Future Water Needs for Agriculture, Industry, Human Health and the Environment
