Speaking on behalf of the International Council for Sustainable Energy (ICSE), US Business Council for Sustainable Energy Treasurer James Wolf represented the Clean Energy Council, the Global Wind Energy Council and International Carbon Investors and Services at the Bonn UNFCC meeting.
Mr Wolf spoke about the important contribution their industry is making in reducing global emissions and tackling climate change. He stressed that private sector involvement can speed up delivery of existing technologies.
“Collectively, we represent companies and trade associations around the world with billions of dollars in financial capital and investments, and a strong commercial interest in the expansion of sustainable energy and energy efficiency markets as well as effective carbon markets that continue to contribute to real reductions in emissions,” said Mr Wolf. “Our organisations support the continuation of a legally-binding multilateral regime to address climate change in order to provide signals to the marketplace that accelerate climate-responsible investments.”
As part of this, Mr Wolf highlighted the importance of:
Article continues below…* Commitment to reaching a post-2012 agreement by 2009 * Measures to ensure a secure, long-term market framework for the development, take-up and use of low carbon technology * Consistent legally-binding frameworks to support an international carbon market.
Clean Energy Council International Manager Eva Oberender said that meetings such as the Bonn UNFCC meeting are crucial for achieving collaborative, international action on climate change.
“Continuous consultation with the business community is imperative to achieving dramatic global emission cuts. Our presence in Germany reinforces the industry’s commitment to set clear targets, timeframes and conditions for investment in climate change solutions” she said.
