FOR IMMEDIATE RELEASE
December 8, 2014
Contact: Laura Tierney
Email: [email protected]
Clean Energy Businesses Call on Governments to Deliver Market Signals for New International Climate Agreement
Lima, Peru — As countries work to reach agreement on elements of a new international framework to address climate change in Paris next year, US clean energy business leaders are calling for ambitious action and policy certainty to expand deployment of clean energy and energy efficiency technologies.
“Clean energy industries are in Lima to offer the broad range of readily-available solutions that can deliver mitigation and adaptation benefits today. Business Council for Sustainable Energy (BCSE) members urge governments to adopt an agreement in Paris that will create strong market signals for low-carbon investment.” commented BCSE President Lisa Jacobson.
In its white paper “A Framework for a 2015 Climate Change Agreement and Accelerated Clean Energy Deployment,” released at COP20, the Council shares its perspective on how an ambitious 2015 agreement will drive low-carbon investment and innovation globally, and urge the inclusion of the following elements:
- Vision and commitment by all countries to address climate change over a sustained time horizon – through targets for mitigation and emissions reduction, investments in adaptation, and the provision of technical assistance and finance.
- Direct engagement and partnership with the private sector as the providers of technology solutions to mitigation and adaptation challenges, both now and in the future.
- Clarity of country commitments – both short and long term – and a transparent schedule and system for monitoring, review and evaluation of country actions.
- Application of market-based mechanisms as a cost-effective mitigation tool, and use of a standardized accounting system to protect environmental integrity and to avoid double-counting of emissions reductions and offsets.
Representing BCSE, Clay Nesler, Vice President, Corporate Sustainability, Johnson Controls, in a statement before a plenary session on December 6 encouraged countries to work with business leaders to help design and structure a new effective climate change agreement in 2015. This new agreement should “provide clear policy signals, flexibility, and market tools necessary to incentivize and scale private sector investment into the deployment of today – and tomorrow’s – low-carbon technology solutions.”
- In an event to be held today, from 6:00 – 7:00 pm at the United States COP20 Center – executives from Alstom, Johnson Controls and Winrock International will participate in a panel with USAID and US Department of Treasury to discuss innovative financing options for clean energy.
- A second event will be held on Wednesday, December 10th from 4:00 – 5:00 pm, featuring senior Department of Energy, Council on Environmental Quality officials, the Center for Clean Air Policy and executives from Alstom, Ingersoll Rand, who will talk about how to integrate sustainable energy and resilience goals in the energy and transport sector and drive investment into “green resilience.”