Business leaders demand global climate change action
17th November 2010
Hundreds of business leaders have called for a 'global deal on climate change' to help protect the environment.
Yesterday (November 16th), the Cancun Communique was presented to Connie Hedegaard, the European commissioner for climate action, and Mexican ambassador to the European Union Sandra Fuentes-Berain.
The document, which was devised by the Prince of Wales's Corporate Leaders Group on Climate Change, urges the world's governments to create an international framework to safeguard the environment from further damage.
Firms involved in the scheme assert that the 'risk of inaction on climate change is far greater than the cost of investing today'.
The communique calls for sectoral, bilateral or regional agreements on climate change to be focused on energy efficiency, low-carbon technologies, carbon emissions capture and storage, greenhouse gas reduction and better land-use management.
Receiving the petition, Ms Hedegaard commented: 'I am happy to see that business leaders sincerely care about climate change and also identify new business opportunities.'
Signatories to the communique include Tesco executive director Lucy Neville-Rolfe, Virgin Group founder and president Richard Branson and British Airways chief executive Willie Walsh.