Tuesday, September 22, 2009

Business chiefs urge 'robust' climate change deal

Sir Richard Branson, CEO of the Virgin Group speaks at at the UN headquarters in New York in 2008. The chiefs of more than 500 global companies called for an

LONDON (AFP) – The chiefs of more than 500 global companies called on Tuesday for an "ambitious, robust and equitable" climate change deal, in the spotlight in New York ahead of a landmark meeting in Copenhagen.

The business leaders from over 50 countries including Brazil, Britain, China, Japan, Russia and the United States said measures to spur recovery from the global downturn must be environmentally sustainable.

"Economic development will not be sustained in the longer term unless the climate is stabilised," they said in a Copenhagen Communique, organised as part of a project based at Britain's Cambridge University and backed by Prince Charles.

"It is critical that we exit this recession in a way that lays the foundation for low-carbon growth and avoids locking us into a high-carbon future," they added, calling for "an ambitious, robust and equitable global deal on climate change that responds credibly to the scale and urgency of the crises facing the world today". …

Signatories of the Copenhagen Communique include Willie Walsh of British Airways, Richard Branson of Virgin, Nike boss Mark Parker, Shiro Kondo of Japan's Ricoh Company and Naguib Sawiris of Egypt-based Orascom Telecom.

"As a business leader I can only achieve my ambition if my actions are underpinned by the foundation of political intent and robust law. The bolder the political ambition the bolder I can be," said Branson. …

Business chiefs urge 'robust' climate change deal

No comments: