Global business leaders issued 'The Copenhagen Call' at the close of the World Business Summit on Climate Change. The three day meeting in the Danish capital, organized in partnership with the World Economic Forum, brought together international CEOs to discuss how their companies can help solve the climate crisis.
'The Copenhagen Call' is a powerful statement that sets out the elements business believes are required to forge an effective new global climate treaty. Business leaders announced that a new global climate treaty must set bold targets for emissions reductions by 2020 and 2050, limiting the global average rise in temperature to a maximum of 2°C compared to pre-industrial levels.
The World Economic Forum view on climate change is that the world leaders – both business and government – should act now, as inaction will only make future action even more costly. In July 2008 over 100 of the Forum's member companies drafted recommentdations to the G8 Leaders – worked out in collaboration with the World Business Council for Sustainable Development.
Watch the session 'Getting to Copenhagen' including Rick Samans, Managing Director at the World Economic FOrum in charge of Institutional Initiatives.