Ethical Corporation and the LCCGE hosted a roundtable debate on how companies are adapting to a post-COP15 business environment.
See www.ethicalcorp.com/reports for more research findings.
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EC LCCGE Debate on Post COP15 20 01 10
1. Adapting to the Post-COP15 Business Environment 20 January 2010 Pam Muckosy [email_address] LCCGE & Ethical Corporation Roundtable Debate
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3. Business Opportunities “ This could be the largest emerging market (in carbon) the world has ever seen. 40 trillion USD until 2050. You can be invigorated and excited about this.” Dan Delurey, Executive Director, Demand Response and Advanced Metering Coalition “ What is most damaging to innovation is incrementalism. It encourages you more and more to invest in yesterday technologies because you are not being encouraged to leap ahead. If 20% is on the table, don’t say 30% say 50% because that is going to lead the change and game-altering investments.” Yvo De Boer, Executive Secretary, UNFCCC “ We were the first state in the country to set a target for jobs created through clean energy. Our original target was 25,000 clean tech jobs by 2020, we have already reached 47,000 as of 2008.” Chris Gregoire, Governer of Washington State and a leader of the Western US Climate Initiative
4. Business Opportunities Gain market share by portraying your company as a premium environmental leader. Take advantage of the growing pool of green capital investment. Be a first mover in markets for climate change related goods and services. Lower costs through energy and efficiency savings.
5. Business Risks due to Climate Change Regulatory patchwork / weak institutions National legislation and global standards Engaging consumers and suppliers Unpredictable operational disruptions
6. Companies Identify which Key External Indicators will be Monitored Nick Robins of the HSBC Climate Change Centre of Excellence compares addressing emerging sustainability challenges in energy, climate and water to the industrial revolution and the IT revolution in its potential to invigorate business growth. The core opportunity lies in the recent reframing of climate change focusing on green jobs and low carbon growth. Evidence for this reframing and its opportunities: 1) The ambitious South Korean Green Growth Plan 2) Germany’s leadership in green technology development & their strong Public Private Partnerships in green tech investment 3) US policy - the cap and trade bill is a jobs bill and his significant multibillion dollar commitment to driving the development of clean technology and renewables in the United States
10. Thank you If you would like internal training, or to be added to our mailing list, please email me at Pam.Muckosy@ethicalcorp.com or visit www.ethicalcorp.com/training WWW.ETHICALCORP.COM