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FOR IMMEDIATE RELEASE
June 1, 2010

Contact: Jack Thirolf
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Clean Energy Industries Call for Strong Private Sector Role in Post-Copenhagen Climate Change Negotiations

Bonn, Germany —The Business Council for Sustainable Energy (BCSE)—a coalition of leading companies and trade associations from America’s energy efficiency, renewable energy, and natural gas industries—called for international negotiators to include a strong role for the private sector in its 2010 negotiations.

 

In a statement delivered today before the tenth meeting of the Ad Hoc Working Group on Long-term Cooperative Action under the U.N. Framework Convention on Climate Change, BCSE Climate Change Task Force Chairman Jim Wolf, stressed that a post-2012 international climate change regime must drive innovation and stimulate private sector investment in efficient and low-emitting technologies.

"As the most important innovator and investor in clean technologies, the private sector must be given clarity, predictability and flexibility in a global and inclusive framework agreement that would work with markets and provide the enabling frameworks for technology innovation and deployment," Wolf stated.

 

According to the United Nations and the International Energy Agency, over 80 percent of the resources required to fund global mitigation and adaptation activities to halve global emissions by 2050 and develop and deploy technologies will come from the private sector via investments and carbon markets.  A new agreement must therefore provide signals and incentives to unleash the full power of business for action in the areas of adaptation, mitigation, finance, and technology.

A copy of the full intervention text is available here.

The BCSE has been a longtime participant in the international climate change negotiations, leading delegations of American clean energy business executives to the meetings of the United Nations Framework Convention on Climate Change for more than 15 years.  The Council is again leading a delegation to the talks this month and will be hosting two events in Bonn featuring dialogue between business leaders and delegates on technology cooperation and building and industrial energy efficiency.

 

A PDF version of this release is available here.