Brussels, 27 March 2017 – Cefic welcomes a new report drawn up by major global business forces which offers a series of recommendations designed to enhance the efforts of the G20 towards a sustainable world economy.
The report underlines that increased investments in climate-friendly technologies and innovations, a sustainable energy infrastructure, and improved energy efficiency are key elements to achieve these goals.
Said Marco Mensink, Director General of Cefic, “We welcome this report from the B20 task force on energy, climate and resource efficiency because our industry will also be key in delivering solutions to fight climate change and enhance resource efficiency. This new B20 policy orientation fosters the emergence of global GHG emission pricing mechanisms, a step in the right direction that is also consistent with European industry’s continuing commitment to the Paris agreement.”
Click here to read the report
Authored by the B20 taskforce for energy, climate and resource efficiency, a coalition of committed industry representatives from 20 countries aiming to support delivery of the Paris Agreement, the report is entitled “A Climate for Change: Embracing the Transition towards Energy-Efficient, Climate and Resource-Friendly, Competitive Economies”. Germany holds the leadership of the B20 since December 2016, and its Chair, Kurt Bock, is CEO of BASF, a leading EU chemical company.
The recommendations in the report represent the best way to take action to deliver on the promise of the Paris agreement. The G20 needs to prioritise resource efficiency and life-cycle based thinking and to initiate an exchange of best practices to unlock the full potential on a global scale. The B20 is embracing the drive towards greater energy and resource efficiency as a business opportunity. To unleash necessary technological solutions around the world, the G20 governments need to provide an unambiguous long-term direction and certainty by defining consistent and predictable framework conditions. This will foster market-oriented and cost-effective approaches to reduce CO2 emissions while encouraging healthy competition among technologies.
About the B20 Taskforce for Energy, Climate & Resource Efficiency
The B20 taskforce for energy, climate and resource efficiency, represents over 80 businesses from more than 20 countries and diverse economic sectors. Optimised, resource-efficient industrial production significantly contributes to global sustainable development and provides economic benefits by reducing costs, which are a key factor for competitiveness.
About the B20
The B20 is an integral part of the G20 process, representing the entire G20 business community. The mission of the B20 is to support the G20 through consolidated representation of interests, concrete policy proposals, and expertise. The B20 promotes dialogue among policymakers, civil society, and business at the international level. In the B20, business representatives from the entire G20 develop joint recommendations and advocate specific policy-actions across the complete G20 agenda. In addition, the B20 organizes a number of events and provides a platform for exchanges with governments and other stakeholders of the G20 process. Like the G20, the B20 is a perennial process with working activities and events during the throughout the whole year.
Contact: Dervla Gleeson, Cefic Media Relations Manager (firstname.lastname@example.org / +32 (2) 676 7289)