UNFCCC COP20

SUMMARY OF ICC ACTIVITIES

1-14 December 2014, Lima, Peru

Contents

Partnerships

Side events ICC Business and Industry coordination

Media

SUMMARY OF ICC ACTIVITIES

PARTNERSHIPS

Objectives:

Provide constructive policy input from business to the UNFCCC process.

Demonstrate the private sector's commitment and contribution to delivering market-based solutions to climate change.

Share expertise and best practices in technology cooperation, development and deployment, REDD+, low emissions financing and research and development.

Welcome and Opening

H.E. Mr. Manuel Pulgar-Vidal, Minister of the Environment of Peru, President-Designate of COP20 and CMP10

Christiana Figueres, Executive Secretary, UNFCCC

Andrea Bacher, ICC – BINGO focal point Success in Paris: Mapping a path towards 100% renewables This side-event showed how industry is meeting the 100% renewable challenge. Presentations from leading examples show-cased how to reach a renewable future and meet the 2-degree challenge.

Organized by: World Bioenergy Association & World Wind Energy Association

Policies and Actions for Addressing Climate Change in China The policies and actions for addressing climate change were presented. Achievements and barriers were also

covered.

Organized by: Tsinghua University, Global Climate Change Institute (GCCI) & China Green Carbon

Foundation (CGCF)

Scaling up REDD+: Catalizing jurisdictional leadership with new finance sources and mechanisms

This side event showcased jurisdictional REDD+ leadership in key countries, demonstrated the urgent need to, and opportunities for, stimulating demand for REDD+ (with a focus on Indonesia and Brazil), and highlighted how successful REDD+ negotiations in Lima and Paris could support such efforts.

Organized by: Verified Carbon Standard Association (VCSA) & Fauna & Flora International (FFI)

PARTNERSHIPS

Climate Action Sustainable Innovation Forum – 9 December The Sustainable Innovation Forum brings together world leaders, CEOs, senior executives, national, regional and city leaders, investors and industry experts. James Bacchus, ICC Chair of the Trade and Investment Commission, participated in the panel discussion on carbon pricing.

Moderator: Christian Grossman, Director for Climate Change, International Finance Corporation (IFC)

Lord Nicholas Stern, Economist, Grantham Research Institute

James Bacchus, Trade and Investment Commission Chair, ICC, High Level Advisory Panel to the President of the COP

Bert Metz, Climate policy expert, UN IPCC Mitigation co-chair for TAR & AR4, Advisor with European Climate Foundation

James Bacchus, ICC James Bacchus, ICC, Bert Metz, IPCC,

Christian Grossman, IFC

World Climate Summit – 10 December

This one-day event on 10 December 2014 in Lima, Peru, during UNFCCC

COP20, brought together 300+ high-level participants from both the

public and private sector. As a stop on the „Road to Paris 2015‟, the

agenda of the World Climate Summit 2014 (WCS2014) integrates the

outcomes of previous Road to Paris events, such as the World Climate

Summit 2013 in Warsaw, World Green Economy Summit 2014 in Dubai,

and the World Summit of Regions on Climate 2014 in Paris.

ICC participated in the panels “Transformational Leadership for a

Sustainable Future” with Pedro Luiz Fernandes, President Novozymes

Latin America representing ICC, and in the session effective Approaches

to Public-Private Partnerships for Climate Change Solutions with James

Bacchus, ICC.

Official side event – 9 December

FROM GREEN GROWTH PLANS TO GREEN

INFRASTRUCTURE INVESTMENTS Key players and leading experts discussed solutions to institutional and financial barriers to attract “green” investments, with a focus on cooperation opportunities in decarbonizing the energy matrix and building sustainable infrastructure. This included the role of public private partnerships, standardization of project design, de-risking options, mobilization of domestic/international institutional investors. The panel also looked at project pipeline generation and at ways to address non-project risks and achieving financial closure.

Introductory remarks:

H.E. Ms. Hakima El Haite, Minister Delegate to the Minister of Energy Mines, Water and Environment in charge of the Environment, Kingdom of Morocco

Panellists:

James Bacchus, ICC Chair of the Trade and Investment Policy

Group, member of the High Level Advisory Panel to the

President of the COP to the UNFCCC

Barbara Buchner, Senior Director, Climate Policy Initiative (CPI)

Giles Dickson, Vice President Global Public Affairs, Alstom

Sergio França Leão, Corporate Sustainability Director,

Odebrecht

Christian Grossmann, Director, Climate Change, International

Finance Corporation (IFC)

Maria Netto, Financial Institutions Lead Specialist, Inter-

American Development Bank (IADB)

Franco A. Piza R., Director of Sustainability, Bancolombia

Group

Nikolaus Schultze, Assistant Director-General, GGGI (facilitator)

Co-organizer:

SIDE EVENTS

SIDE EVENTS

Lima Chamber of Commerce (CCL)/ICC Breakfast meeting –

10 December

The New Climate Agreement - A Business

Perspective on COP20 and COP21

Business and government representatives discussed policies that can

create incentives for private investors to scale up and accelerate their

investments in climate-resilient growth options and mitigation actions. The

panel also looked at the role of the private sector in the new UNFCCC

accord to be delivered in Paris in 2015.

Welcome:

Jorge von Wedemeyer Knigge, President, Lima Chamber of

Commerce

Carlos Loret de Mola, COP20 Public Front coordinator, Government

of Peru

Panelists:

James Bacchus, ICC Chair of the Trade and Investment Policy

Group, member of the High Level Advisory Panel to the President of

the COP to the UNFCCC (facilitator)

Christine Fedigan, Director of Corporate Climate Strategy, GDF

Suez

Diego Castrillón, Member of Committee on Environment, Lima

Chamber of Commerce (CCL)

Co-organizer:

SIDE EVENTS

CCL/GGGI/ICC Breakfast meeting – 11 December

De-risking Green Energy Infrastructure

Investing in green energy-infrastructure projects is often challenging. At

this breakfast discussion, experts from the private sector, government and

think tanks discussed how to meet infrastructure needs of Latin American

countries. They particularly looked at how to mitigate non-project risks, and

presented approaches to risk mitigation, such as the platform RiskEx.

Speakers:

James Bacchus, ICC Chair of the Trade and Investment Policy

Group, member of the High Level Advisory Panel to the President

of the COP to the UNFCCC

Barbara Buchner, Senior Director, Climate Policy Initiative (CPI)

Tom Heller, Executive Director, CPI

Sergio Leão, Director of Sustainability, Odebrecht

Jorge Peñaranda Castañeda, Second Vice President, Lima

Chamber of Commerce

Hans Schulz, Vice President for the Private Sector and Non-

Sovereign Guaranteed Operations, IADB

Nikolaus Schultze , Assistant Director-General, GGGI (facilitator)

Co-organizers:

Business and Industry BINGO Daily Briefings BINGO meetings were held daily (except Sunday) with up to 200 participants from the business community. Several high level speakers joined the meetings to brief and exchange with business,e.g. Hela Cheikhrouhou, Executive Director, Green Climate Fund (GCF).

ICC is the focal point for business and industry, and provides following services to all groups:

Interacting with UNFCCC Secretariat;

Coordinating business interventions;

Facilitating bilateral meetings with key players;

Holding daily morning briefings (“BINGO meetings”) for informal exchange amongst the business

community;

Coordinating the BINGO Day.

As the business and industry focal point to the UNFCCC, ICC coordinated the following interventions on

behalf of global business and industry:

SBI opening statement

SBSTA opening statement

COM/CMP opening statement

Joint intervention: local governments and business and industry – high level dialogue on Durban

Platform

Joint intervention: local governments and business and industry – high level dialogue on climate

finance

SBSTA closing statement

COP high level closing statement

ICC PRESS CONFERENCES

Press Conferences

The road to Paris – a perspective from business

9 December 2014

Peter Robinson, USCIB

James Bacchus, ICC

Pedro Luiz Fernandes, Novozymes

Bernhard Schwager, Bosch

Business perspective on the state of play and what to expect from the final days of the

Lima COP

10 December 2014

Andrea Bacher, ICC

Dirk Forister, IETA

Mark Bonner, Global CCS Institute

James Wolf, BCSE

MEDIA

Web stories

ICC calls on all countries to demonstrate leadership on ambitious global climate agreement

Lima, 01/12/2014 Financial Times spotlights ICC call for greater business role in climate talks

Lima, 12/12/2014 ICC highlights sustainable infrastructure and investment policies at UN climate talks

Lima, 16/12/2014

ICC calls on governments to boost collaboration with business for a 2015 global climate agreement

Paris, 18/12/2014

Social media – info graphics

The International Chamber of Commerce (ICC)

ICC is the world business organization, a representative body that speaks with authority on behalf of enterprises from all sectors in every part of the world. The fundamental mission of ICC is to promote open international trade and investment and help business meet the challenges and opportunities of globalization. Its conviction that trade is a powerful force for peace and prosperity dates from the organization‟s origins early in the 20th century. The small group of far-sighted business leaders who founded ICC called themselves “the merchants of peace”. ICC has three main activities: rule setting, dispute resolution, and policy advocacy. Because its member companies and associations are themselves engaged in international business, ICC has unrivalled authority in making rules that govern the conduct of business across borders. Although these rules are voluntary, they are observed in countless thousands of transactions every day and have become part of the fabric of international trade. ICC also provides essential services, foremost among them the ICC International Court of Arbitration, the world‟s leading arbitral institution. Another service is the World Chambers Federation, ICC‟s worldwide network of chambers of commerce, fostering interaction and exchange of chamber best practice. ICC also offers specialized training and seminars and is an industry-leading publisher of practical and educational reference tools for international business, banking and arbitration. Business leaders and experts drawn from the ICC membership establish the business stance on broad issues of trade and investment policy as well as on relevant technical subjects. These include anti-corruption, banking, the digital economy, marketing ethics, environment and energy, competition policy and intellectual property, among others. ICC works closely with the United Nations, the World Trade Organization and intergovernmental forums including the G20. ICC was founded in 1919. Today its global network comprises over 6 million companies, chambers of commerce and business associations in more than 130 countries. National committees work with ICC members in their countries to address their concerns and convey to their governments the business views formulated by ICC.