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ERM Backs Call for Legally Binding United Nations Framework to Tackle Climate Change

09 January 2008

ERM is one of 150 global companies to have backed a communiqué to world leaders calling for a comprehensive, legally binding United Nations framework to tackle climate change. The Bali Communiqué was sent directly to the 130 Environment Ministers that attended the United Nations Climate Change Conference and was hand delivered to the UN Secretary General Ban Ki-Moon.

Issued in light of the 13th United Nations Climate Change Conference, which took place in Bali, Indonesia the Communiqué represents an unprecedented coming together of the international business community, and includes some of the biggest companies and brands from around the world. Led by The Prince of Wales’ UK and EU Corporate Leaders Groups on Climate Change, it is intended to send a clear message to policy makers involved in the UN climate change negotiations.

John Curtis, Head of ERM’s Climate Change Practice, said: “With overwhelming scientific evidence that climate change presents a real global social, environmental and economic threat, a timely response is required that includes both developing and developed nations. There is an emerging business case for strong, early action on climate change because ultimately it is cheaper than not acting at all. The challenge is getting politicians to accept the requirement for a new approach to economic growth. As the Communiqué states, we at ERM agree that an international and comprehensive legally-binding UN agreement to reduce greenhouse gas emissions will provide business with the certainty it needs to scale up global investment in low-carbon technologies.”

ERM was represented in Bali by Lee Solsbery, our Global Technical Director on Climate Change and Board Member of the International Emissions Trading Association (IETA), Barid Manna, head of our Indonesian operations, and international climate policy experts Paul Zakkour and Travis Hughes, who both presented and participated in discussions in both the government meetings and side events. Side events ERM covered included climate change adaptation, EU CCS policy, reform of the CDM, CCS in the CDM, post-Kyoto frameworks, sectoral approaches and reducing emissions from deforestation and degradation (REDD). ERM will be working in 2008 with public and private sector clients to advance inclusion of CCS and REDD into the Kyoto frameworks.

The Bali conference agreed to a two year negotiating ”road-map” to potentially establish new binding emission reduction targets under a post 2012 framework, and possible new mechanisms to meet such targets. In addition, there was also agreement to continue refinements and improvements of the existing Kyoto Protocol, to review options for providing incentives for REDD. Bali deliberations also spawned loose proposals to reform CDM governance and address distribution of projects activities and the initial management structure of the climate change Adaptation Fund. At a minimum, the Bali Conference moved the world one step closer to binding and tougher global reduction targets.

 

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