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November 29, 2011

Contact: Jack Thirolf
Email: [email protected]

Clean Energy Business Leaders Speak on COP17/CMP7 Priorities
Urge Progress in Negotiations to Spur Clean Energy Investment & Emissions Reductions

DURBAN, South Africa—At a series of events the first two days of the UN climate negotiations, the Business Council for Sustainable Energy (BCSE) has called for a package of practical decisions and outcomes coming out of Durban to drive investment in clean energy technologies.

Earlier today, at a press conference titled Durban Deliverables: What’s Needed to Spur Clean Energy Investment, BCSE President Lisa Jacobson and a group of executives from BCSE member companies unveiled Making Clean Energy Count in Durban, the Council’s policy primer for COP17/CMP 7. The paper outlines the BCSE’s key policy priorities for Durban and presents a diverse collection of case studies from BCSE members’ clean energy projects across the world. It urges governments in Durban to:

  • Adopt decisions that support the implementation of the Cancún Agreements and set a clear mandate for the path ahead;
  • Emphasize the critical role of clean energy solutions in the development and implementation of nationally appropriate mitigation actions (NAMAs) and low-emissions development strategies (LEDs);
  • Operationalize the Climate Technology Center and Network (CTC&N) and create a clear channel for private sector engagement;
  • Respect and protect intellectual property rights to guarantee existing solutions and encourage the creation of future, low-carbon innovations;
  • Establish the structure of the Green Climate Fund and recognize the vital role of private sector finance in meeting long-term objectives; and
  • Continue the incorporation and advancement of market-mechanisms post-2012.

Joining Ms. Jacobson at the press conference were Jeff Moe, Director of Global Policy and Advocacy for Ingersoll Rand’s Center for Energy Efficiency and Sustainability, Steve Sawyer, Secretary General of the Global Wind Energy Council, and Jim Wolf, a consultant for BCSE member Jupiter Oxygen Corporation and the chair of the BCSE’s International Policy Committee. Their comments focused on industry’s larger role in driving the negotiations forward and their specific hopes for outcomes from COP17/CMP7. A full archived webcast is available.

On Monday, November 28, BCSE President Lisa Jacobson delivered an intervention on behalf of the broader business community before the opening plenary of the Subsidiary Body on Scientific & Technological Advice (SBSTA). Her comments commended the body on its work in 2011, more specifically the:

  • Advancement of the technology mechanism through the first meeting of the Technology Executive Committee and ground work done to launch the Climate Technology Center & Network;
  • Progress on the inclusion of materiality and carbon capture & storage modalities under the Clean Development Mechanism (CDM); and
  • Efforts to widen the approach to address adaptation needs of countries, to include the private sector.

She also expressed the BCSE’s support for continued efforts to drive deployment of existing technologies that will deliver the emissions reductions needed by 2020, while encouraging research and development for the next generation. Speaking on technology, Ms. Jacobson emphasized the business community’s support for efforts to launch the Climate Technology Center and Network, calling it “a concrete channel through which the private sector can provide its expertise and solutions to help developing countries meet their energy, mitigation, and adaptation needs.”

She also cited protection of Intellectual Property Rights as necessary to enable the business community to invest more in research and development and to provide a tool for technology transfer. Focusing on reform of the Clean Development Mechanism (CDM), Ms. Jacobson’s intervention pointed to the application of materiality to the verification process as a key first step to enhance the transparency, efficiency, and environmental integrity of the CDM.

Learn more about the BCSE’s delegation of more than 35 clean energy business executives and its activities and priorities in Durban through BCSE in Action.