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NEWS:  COP 21 EDITION

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  • 12 Dec 2015 8:33 PM | Anonymous member (Administrator)
    Contact: Katie Kouchakji, press@ieta.org


    PARIS, 12 December – IETA welcomes the adoption of the Paris Agreement today, with a clear role for market mechanisms going forward.  

    The final Agreement, which governments approved today, sets out a clear pathway for global climate policy. Governments reaffirmed their commitment to keeping the average global temperature increase to 2°C above pre-industrial levels – and pursue efforts to keep this to 1.5°C.

    It also has a clear role for markets, both through international cooperative efforts and a new mechanism to support sustainable development. These will be underpinned by robust accounting provisions, key to ensuring environmental integrity and trust.

    These are the three elements IETA and 20 other business groups asked for in a letter to governments in October.  

    “We congratulate governments on a historic agreement, grounded in a new spirit of cooperation,” says Dirk Forrister, IETA’s CEO and President. “With the endorsement of more than 190 governments and a strong foundation for markets going forward, businesses can begin planning for a vibrant new future.”

    He adds: “We look forward to keeping the momentum going from Paris as the agreement moves from promise to action.”

    About IETA:
    IETA is the voice of business on carbon markets around the world. Established in 1999, IETA's members include global leaders in the oil, electricity, cement, aluminium, chemical, technology, data verification, broking, trading, legal, finance, and consulting industries.


  • 10 Dec 2015 4:01 PM | Anonymous member (Administrator)

    Paris, 10 DecemberCMIA and IETA are delighted to announce that they have awarded today's COP 21 Carbon Pricing Champion - along with Mary Nichols and the state of California, as we announced yesterday - to the German Government for the leadership they have provided in Europe on carbon pricing over the last decade.

    The award to Mary Nichols and the state of California will be presented at the IETA/WBCSD Pavilion at 4.00 pm CET. Today’s award to the German Government will also be presented at the IETA WBCSD Pavilion at 5.00 pm CET.

     Since the establishment of the EU Emissions Trading System (ETS) in 2005, German political leaders and officials have consistently been at the forefront of the debate on how to make the ETS a more powerful and effective policy instrument for reducing greenhouse gas emissions and  driving decarbonisation across Europe.

     In 2013/2014, when policymakers and the EU institutions were struggling to put the ETS back on its feet, after recession and the price for carbon had plummeted, the German Government led the arguments for strong and urgent action to address with the over-supply and structural problems of the ETS, and to give it a more stable platform for the longer-term. Just last week, Chancellor Merkel was one of the heads of government prominently involved with the launch of the Carbon Pricing Leadership Coalition, one of the most exciting initiatives that has been announced at this COP. In addition, Germany launched the G7 carbon market platform yesterday.

     For all the effort and political capital which the German Government has invested in carbon pricing for several years, they are worthy recipients of this award."


  • 09 Dec 2015 2:00 PM | Anonymous member (Administrator)

    PARIS, 9 December– The Climate Markets Investment Association (CMIA) and IETA are delighted to announce that they have awarded today’s COP 21 Carbon Pricing Champion Award to Mary Nichols, on behalf of the state of California, for the leadership role the state and its authorities have played in encouraging the uptake of carbon pricing.

    The award will be presented at the IETA/WBCSD Pavilion at 4:15pm CET. 

    California hosts the first economy-wide cap-and-trade system targeting GHG emissions in the United States and has led the way in the Western Climate Initiative. Its linked market with Québec is a shining example of how sub-nationals are leading the way in this area in North America. And California is not stopping there: the state is actively engaged in discussions and knowledge-sharing with its southern neighbours as well as the emerging national market in China.

    Although California doesn’t have a seat at the COP21 negotiations between nations, it has a deep track record of consistent, ambitious environmental and carbon pricing record that is in the process of being imitated around the world. This sustained political leadership that turned California’s Air Resources Board and Environmental Protection Agency into de facto UNFCCC “best practice” ambassadors makes the state of California a worthy recipient of today’s award

    BACKGROUND

    A broad spectrum of over 1000 countries, regions, companies and organisations signed a communiqué at the Global Climate Summit in New York in September 2014, expressing support for a global price on carbon. Since then, through the INDC process, more than 80 countries have signalled their intent to use carbon pricing as a means to take forward their climate and low-carbon commitments. All recognise that putting a price on carbon is one of the most effective ways both in which to reduce greenhouse gas emissions and to incentivise - through a strong carbon price - investment in low-carbon technologies and services.

    The action now being taken by the US government, via the Clean Power Plan, and the announcement by the Chinese government that it will launch a national emissions trading system in 2017 is further evidence of the burgeoning support for carbon pricing around the world.

    IETA and CMIA both believe that international agreement made in Paris should contain language specifically on carbon pricing and markets to send a strong, tangible signal to the private sector worldwide - the primary source of capital for mobilising against climate change.

    For further details please contact:

    CMIA: Richard Folland, richard.folland@inlinepolicy.com, +44 75 2879 0182

    IETA: Jeff Swartz, swartz@ieta.org, + 32 487 57 6130

    About CMIA

    The Climate Markets and Investment Association (CMIA) is the voice of the international climate finance community. Governments and policy makers across the world recognise and engage with CMIA as a leader amongst progressive trade associations with regards to enabling and incentivising economically efficient climate investment and a market-based approach.

    About IETA

    IETA is the voice of business on carbon markets around the world. Established in 1999, IETA's members include global leaders in the oil, electricity, cement, aluminium, chemical, technology, data verification, broking, trading, legal, finance, and consulting industries.

     


  • 08 Dec 2015 10:06 PM | Anonymous member (Administrator)

    IETA would like to clarify that our earlier statement regarding a proposed compromise on language regarding cooperative approaches and mechanisms for the Paris Agreement was not intended to imply that this is a done deal. Negotiations remain ongoing, including on this section of the agreement.

    We stand by our statements regarding the welcome leadership shown by the EU 

    and Brazil on this important element of the negotiations.

    For more information, please contact Katie Kouchakji on kouchakji@ieta.org


  • 08 Dec 2015 7:00 PM | Anonymous member (Administrator)

    PARIS, 8 December – Commenting on a proposed compromise agreement today about the role of cooperative approaches – or markets – in the Paris Agreement, IETA’s Director of International Policy Jeff Swartz says:

    “We welcome the efforts by ministers to reach an agreement on language underpinning cooperative approaches – or markets – for the Paris Agreement. The leadership shown here, particularly by the EU and Brazil which worked together on the proposed text, is a positive step for the wider negotiations.

    “IETA is especially pleased to see that this proposal contains the three key elements laid out in our letter to ministers in October, which builds on language from our straw proposal.”

    “In order to reach the 2°C, all options to cut emissions need to be available. Markets and the cooperation they foster can help get us to where we need to go faster and at a lower cost than alternatives, such as carbon taxes. Today’s agreement is a recognition of this fact by governments.”

    He adds: “We need to have a workable text, rather than no text – and this text is one we can work with. Paris should be about the spirit of compromise, and this text reflects this.”

    The text will form part of the proposed Paris Agreement, which governments are aiming to adopt as a whole by the end of this week.

     

    About IETA:
    IETA is the voice of business on carbon markets around the world. Established in 1999, IETA's members include global leaders in the oil, electricity, cement, aluminium, chemical, technology, data verification, broking, trading, legal, finance, and consulting industries.


  • 08 Dec 2015 3:30 PM | Anonymous

    PARIS, 8 December – The Climate Markets Investment Association (CMIA) and IETA are delighted to announce that they have awarded today’s COP 21 Carbon Pricing Champion Award to Jos Delbeke, director general for climate action at the European Commission, for his continued efforts to raise awareness of emissions trading around the world and spearheading cooperations between the EU and other regions developing carbon markets.  

    The award will be presented at the IETA/WBCSD Pavilion at 5.15pm CET. 

    The EU ETS celebrated its 10th anniversary earlier this year. During this decade, many valuable lessons have been learned about market design and oversight, and it is these lessons which Jos is striving to share with other regions. He has been a vocal champion of the benefits of emissions trading as a low-cost solution to fighting climate change.

    BACKGROUND

    A broad spectrum of over 1000 countries, regions, companies and organisations signed a communiqué at the Global Climate Summit in New York in September 2014, expressing support for a global price on carbon. Since then, through the INDC process, more than 80 countries have signalled their intent to use carbon pricing as a means to take forward their climate and low-carbon commitments. All recognise that putting a price on carbon is one of the most effective ways both in which to reduce greenhouse gas emissions and to incentivise - through a strong carbon price - investment in low-carbon technologies and services.

    The action now being taken by the US government, via the Clean Power Plan, and the announcement by the Chinese government that it will launch a national emissions trading system in 2017 is further evidence of the burgeoning support for carbon pricing around the world.

    IETA and CMIA both believe that international agreement made in Paris should contain language specifically on carbon pricing and markets to send a strong, tangible signal to the private sector worldwide - the primary source of capital for mobilising against climate change.

    For further details please contact:

    CMIA: Richard Folland, richard.folland@inlinepolicy.com, +44 75 2879 0182

    IETA: Jeff Swartz, swartz@ieta.org, + 32 487 57 6130

    About CMIA

    The Climate Markets and Investment Association (CMIA) is the voice of the international climate finance community. Governments and policy makers across the world recognise and engage with CMIA as a leader amongst progressive trade associations with regards to enabling and incentivising economically efficient climate investment and a market-based approach.

    About IETA

    IETA is the voice of business on carbon markets around the world. Established in 1999, IETA's members include global leaders in the oil, electricity, cement, aluminium, chemical, technology, data verification, broking, trading, legal, finance, and consulting industries.


  • 07 Dec 2015 4:00 PM | Anonymous member (Administrator)

    FOR IMMEDIATE RELEASE

    Contact: Katie Kouchakji, press@ieta.org

    PARIS, 7 December – IETA is pleased to announce the results of its annual elections and appointment honorary Fellows.

    At its AGM last week in Paris, the business group’s members elected Paul Dawson from RWE as Chairman of the board, supported by Rick Saines of Baker & McKenzie and Matthew Bateson of Rio Tinto as vice-chairmen.

    The members also elected three members to fill vacancies on the Council, including PwC’s Jonathan Grant, Fiona Wild from BHP Billiton and BP’s Dan Barry.  The AGM also approved Council members’ re-election for another term, including:

    • Daniele Agostini – Enel
    • Takashi Hongo – Mitsui Global Strategic Studies Institute
    • Arthur Lee – Chevron
    • Geoff Sinclair – Camco Clean Energy
    • Bill Tyndall – Duke Energy
    • Karl Upston-Hooper - GreenStream

    “I am delighted to announce these new appointments, which bring a new range of experience and perspective to our board,” says Dirk Forrister, IETA’s CEO and President. “As carbon markets continue to spread around the world, IETA’s membership is increasingly diverse, both geographically and in terms of sectors, and I feel the new board reflects this.”

    The IETA Council also announced the appointment of three new IETA Fellows:

    ·         Frank Joshua, in recognition of his role in establishing IETA in 1999;

    ·         Pedro Moura Costa, for his contribution to developing the carbon market as the co-founder of EcoSecurities, one of the early pioneers of project-based emissions reduction initiatives; and

    ·         Anne-Marie Warris, for her tireless efforts to bring standards and transparency to the wider carbon market, including efforts on shipping and in establishing the first version of the Verified Carbon Standard in 2006.

    “Frank, Pedro and Anne-Marie bring a depth of knowledge and experience to our Fellows programme, which will be even more crucial as the next wave of emissions trading ramps up,” says Forrister. “Over the years, all three have played key roles in building the profession through IETA.  We are delighted to offer them this tribute for their contributions of time and talent.”

    IETA Fellows are announced annually as the organisation’s highest honours to recognise the contributions of individuals in developing market-based solutions to climate change and in strengthening the role of the IETA in building the profession.

    About IETA:

    IETA is the voice of business on carbon markets around the world. Established in 1999, IETA's members include global leaders in the oil, electricity, cement, aluminium, chemical, technology, data verification, broking, trading, legal, finance, and consulting industries.

  • 07 Dec 2015 8:00 AM | Anonymous member (Administrator)

    Paris, France, 7 December 2015 - With the backdrop of the private sector day at the COP21 in Paris, Executive Secretary of the UNFCCC Christiana Figueres commended the business community for taking decisive steps to combat climate change - as showcased during the business and industry (BINGO) Day coordinated by ICC and at the IETA/WBSCD Open for Business Hub.

    “The interests of governments, the private sector and cities are aligning as never before. In doing so we are witnessing the turning point in the way the global economy prices pollution and invests in real wealth— keys to unlock our collective ambition of an ambitious Paris Agreement in 2015 and catalysts towards keeping a global temperature rise under 2 degrees this century,” said Ms. Figueres during the BINGO day at the climate negotiations in Paris.

    The Executive Secretary’s sentiment was shared by French Minister of Foreign Affairs and COP21 President Laurent Fabius, who underlined that “through the Lima Paris Action Agenda, we invited companies to commit to mitigation or adaptation actions or sign up to a ‘transformational initiative’ organized by several major organizations and coalitions. They seized this opportunity and proved that they are ready to support the transition to a low-carbon economy. That’s a positive signal that they are sending to governments in order to encourage them to set ambitious targets.”

    The thematic day, coordinated by the International Chamber of Commerce (ICC) together with partner organisations and endorsed by IETA, WBCSD and We Mean Business Coalition, saw key decision-makers from the corporate world gather to share expertise in technology cooperation and development, climate finance and research and development.    

    “We are seeing a transformational shift with businesses across the world taking action to meet the climate challenge. With the right policies in place business can and will do more”, said John Danilovich, Secretary General, International Chamber of Commerce. “As an organization representing more than 6.5 million members, we are clear that a COP21 must deliver a robust agreement that works with business to support climate action at an unprecedented rate and scale.”

    “It is very exciting to see an unprecedented number of businesses around the world investing in the future growth prospects of the low-carbon economy, making the decarbonization of the economy inevitable, irreversible and irresistible,” said Nigel Topping, CEO of We Mean Business. “A strong climate deal in Paris will give the policy certainty that companies and investors need to drive the low-carbon transition, further and faster."

    The BINGO Day echoed calls for governments to send a clear signal to the private sector about the future direction of global climate policy through a long-term agreement that protects competitiveness, accelerates investment and unleashes the deployment of existing and new technologies and finance in the near and long term. 

    Peter Bakker, President and CEO of the World Business Council for Sustainable Development said: “Make no mistake. Neither business nor government can solve the climate challenge alone. But if we work together, we can do it. Together, our decisions to take bold climate action will lead the transition to the low-carbon economy that is essential to save our world.”

    We believe COP21 provides an opportunity for governments to send out strong policy signals to prompt the next wave of climate action through markets,” continued Dirk Forrister, CEO, IETA. “Simply put: climate action is good for business and the right policy frameworks can help us all go further faster.

    Renat Heuberger, CEO South Pole Group, stated: “Private enterprise really plays a pivotal role in furthering the global climate agenda. It is great to see that the business community is getting some much deserved attention here at COP21.”

    A single silver bullet will not be sufficient to bring about the systemic change required. Climate action within business must be powered by both radical innovation and by people with the skills and capabilities to trigger this innovation. Business can collaborate to achieve more in responding to this global challenge,” emphasised Bertrand van Ee, CEO, Climate-KIC.

    “The growing momentum from the corporate world on climate action shows us that companies have reached a tipping point. They need ambitious policy to achieve their full potential and accelerate action from industry at scale,” added Paul Dickinson, Executive Chairman of CDP.

    “Clean energy solutions exist today to meet the challenges of climate change.  Businesses in these sectors seek policy and investment signals to unlock private capital. The INDCs being considered at COP-21 offer a roadmap for public-private partnership,” said Lisa Jacobson, President of the Business Council for Sustainable Energy (BCSE).

    FICCI, the apex business and industry organization in India, believes that “business has a key role to play in climate change mitigation and adaptation through innovation in technology, finance and business models. Indian businesses are demonstrating their own approach to address the climate change challenge. A strong policy signal would help businesses make investment decisions to support longer term efforts,” as highlighted by Dr. A Didar Singh, Secretary General, FICCI.

    Going forward, private sector innovation, investment and expertise will be vital in successfully combating climate change and promoting inclusive, sustainable growth. Nonetheless as emphasised by the BINGO day attendees and organisers, addressing climate change is equally an imperative and opportunity for the entire business community in all countries - and across every business sector. 

     Media contacts

     Andrew Wilson, Global Communication Director, ICC

    +33 6 70 49 68 74

    andrew.wilson@iccwbo.org.

     

    Katie Kouchakji, Communications, IETA

    kouchakji@ieta.org

     

    Anu Ramamurty, Communications, We Mean Business

    anu@wemeanbusinesscoalition.org

     

    Felicity Glennie-Holmes, Communications, WBCSD

    glennie-holmes@wbcsd.org

     

    Nadia Kahkonen, Communications Manager, South Pole Group

    n.kahkonen@thesouthpolegroup.com

     

    Angela Howarth, Head of Communication, Climate-KIC 

    angela.howarth@climate-kic.org

     

    Media resources

         View the Business and Industry (BINGO) day full agenda and participants: http://buff.ly/1Xx1Dp1

         Read further about BINGOs: http://buff.ly/1Xx1Nge

         Have a look at other key business events at COP21: http://bit.ly/1jCIwHo

         Join the conversation on Twitter using #BizCop21

     

    About the International Chamber of Commerce (ICC)

    The International Chamber of Commerce (ICC) is the largest, most representative business organization in the world. Its hundreds of thousands of member companies in over 120 countries have interests spanning every sector of private enterprise. A world network of national committees keeps the ICC International Secretariat in Paris informed about national and regional business priorities. More than 2,000 experts drawn from ICC’s member companies feed their knowledge and experience into crafting the ICC stance on specific business issues. The United Nations, the World Trade Organization, the G20 and many other intergovernmental bodies, both international and regional, are kept in touch with the views of international business through ICC. ICC is the focal point for business to the UNFCCC. For more information please visit: www.iccwbo.org

    About IETA

    IETA is the voice of business on carbon markets around the world. Established in 1999, IETA’s members include global leaders in the oil, electricity, cement, aluminium, chemical, technology, data verification, broking, trading, legal, finance, and consulting industries.

    About World Business Council for Sustainable Development

    The WBCSD is a CEO-led organization of forward-thinking companies that galvanizes the global business community to create a sustainable future for business, society and the environment.

    Together with its members, the council applies its respected thought leadership and effective advocacy to generate constructive solutions and take shared action. For more information visit http://www.wbcsd.org/ .

    About We Mean Business Coalition

    We Mean Business is a coalition of organizations working with thousands of the world’s most influential businesses and investors. These businesses recognize that the transition to a low carbon economy is the only way to secure sustainable economic growth and prosperity for all. To accelerate this transition, we have formed a common platform to amplify the business voice, catalyze bold climate action by all, and promote smart policy frameworks.

    About South Pole Group

    The Zurich-based South Pole Group is the world's leading provider of climate solutions. South Pole Group helps public and private sector organisations develop climate proven policies and strategies. Areas of expertise cover every key sustainability-related area of climate change, including but not limited to: carbon credit solutions, green finance, sustainable cities & buildings, as well as renewable energy and energy efficiency. For more information, visit www.thesouthpolegroup.com or follow the company @southpolegroup.

    About Climate-KIC

    Climate-KIC is the EU’s largest public private partnership addressing climate change through innovation to build a zero carbon economy.  We address climate change across four priority themes: urban areas, land use, production systems, climate metrics and finance. Education is at the heart of these themes to inspire and empower the next generation of climate leaders.  We run programmes for students, start-ups and innovators across Europe via centres in major cities, convening a community of the best people and organisations. Our approach starts with improving the way people live in cities. Our focus on industry creates the products required for a better living environment, and we look to optimise land use to produce the food people need. Climate-KIC is supported by the European Institute of Innovation and Technology (EIT), a body of the European Union.


  • 04 Dec 2015 10:00 AM | Anonymous member (Administrator)

    PARIS, 4 December – The Climate Markets Investment Association (CMIA) and IETA are delighted to announce that they have awarded today’s COP 21 Carbon Pricing Champion Award to Ben Garside, Stian Reklev and Mike Szabo, for their commitment to carbon pricing reporting. 

    The award will be presented at the IETA/WBCSD Pavilion at 4.30pm CET. 

    The three journalists forged their own venture, Carbon Pulse, after a scaling back of carbon market coverage at their employer, Thomson Reuters Point Carbon, having covered the sector for more than 10 years. Access to information is key to market participants, particularly as new markets emerge around the world, and Carbon Pulse is providing a much-needed service.

    BACKGROUND

    A broad spectrum of over 1000 countries, regions, companies and organisations signed a communiqué at the Global Climate Summit in New York in September 2014, expressing support for a global price on carbon. Since then, through the INDC process, more than 80 countries have signalled their intent to use carbon pricing as a means to take forward their climate and low-carbon commitments. All recognise that putting a price on carbon is one of the most effective ways both in which to reduce greenhouse gas emissions and to incentivise - through a strong carbon price - investment in low-carbon technologies and services.

    The action now being taken by the US government, via the Clean Power Plan, and the announcement by the Chinese government that it will launch a national emissions trading system in 2017 is further evidence of the burgeoning support for carbon pricing around the world.

    IETA and CMIA both believe that international agreement made in Paris should contain language specifically on carbon pricing and markets to send a strong, tangible signal to the private sector worldwide - the primary source of capital for mobilising against climate change.

    For further details please contact:

    CMIA: Richard Folland, richard.folland@inlinepolicy.com, +44 75 2879 0182

    IETA: Jeff Swartz, swartz@ieta.org, + 32 487 57 6130

    About CMIA

    The Climate Markets and Investment Association (CMIA) is the voice of the international climate finance community. Governments and policy makers across the world recognise and engage with CMIA as a leader amongst progressive trade associations with regards to enabling and incentivising economically efficient climate investment and a market-based approach.

    About IETA

    IETA is the voice of business on carbon markets around the world. Established in 1999, IETA's members include global leaders in the oil, electricity, cement, aluminium, chemical, technology, data verification, broking, trading, legal, finance, and consulting industries.

     


  • 03 Dec 2015 4:00 PM | Anonymous member (Administrator)

    PARIS, 3 December– The Climate Markets Investment Association (CMIA) and IETA are delighted to announce that they have awarded today’s COP 21 Carbon Pricing Champion Award to Rachel Kyte of the World Bank, for her sustained leadership in promoting carbon pricing at the global level.

    Rachel will be presented with the award at the IETA/WBCSD Open for Business Hub at 5.45pm CET. 

    Rachel has led the World Bank’s outstanding work on carbon pricing. In September 2014, the World Bank convened a statement signed by over 1000 companies, organisations, countries and sub-national jurisdictions in favour of carbon pricing, From then, there has been a growing momentum from governments and business behind carbon pricing, culminating this week in the launch of the Carbon Pricing Leadership Coalition (CPLC), in which Rachel has played an instrumental role and which is supported by a number of heads of state.

    BACKGROUND

    A broad spectrum of over 1000 countries, regions, companies and organisations signed a communiqué at the Global Climate Summit in New York in September 2014, expressing support for a global price on carbon. Since then, through the INDC process, more than 80 countries have signalled their intent to use carbon pricing as a means to take forward their climate and low-carbon commitments. All recognise that putting a price on carbon is one of the most effective ways both in which to reduce greenhouse gas emissions and to incentivise - through a strong carbon price - investment in low-carbon technologies and services.

    The action now being taken by the US government, via the Clean Power Plan, and the announcement by the Chinese government that it will launch a national emissions trading system in 2017 is further evidence of the burgeoning support for carbon pricing around the world.

    IETA and CMIA both believe that international agreement made in Paris should contain language specifically on carbon pricing and markets to send a strong, tangible signal to the private sector worldwide - the primary source of capital for mobilising against climate change.

    For further details please contact:

    CMIA: Richard Folland, richard.folland@inlinepolicy.com, +44 75 2879 0182

    IETA: Jeff Swartz, swartz@ieta.org, + 32 487 57 6130

    About CMIA

    The Climate Markets and Investment Association (CMIA) is the voice of the international climate finance community. Governments and policy makers across the world recognise and engage with CMIA as a leader amongst progressive trade associations with regards to enabling and incentivising economically efficient climate investment and a market-based approach.

    About IETA

    IETA is the voice of business on carbon markets around the world. Established in 1999, IETA's members include global leaders in the oil, electricity, cement, aluminium, chemical, technology, data verification, broking, trading, legal, finance, and consulting industries.


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