UN urges firms to push for climate action

2012-01-27 09:25
Davos - The world has no chance of sealing an emissions cut deal unless companies lobby their governments for an accord, the UN climate chief told the global business elite in Davos.

"Even though governments have said in Durban 'Yes we're going to dedicate the next three years to negotiating and agreeing by 2015 a new legally binding agreement', let's be very clear, that is not going to happen," said Christiana Figueres, executive secretary of the UN Framework Convention on Climate Change.

"That is not going to happen merely from the top down perspective. That is only going to happen if it's bottom up, if the private sector moves in.

"Unless you have this from the bottom up, unless you have very powerful pressure from consumers, from private sector, from civil society to governments to say 'Yes, this is what we want, as a humankind this is what we want', it's not going to happen because it's just too big," she added.

Marathon talks in December delivered a broad agreement to seal a new accord by 2015 on cutting greenhouse gas emissions, which have been blamed for global warming.

Floods

Corporations would not be spared if the world continued to heat up, leading to warped weather events, said Figueres.

Citing the devastating floods in Bangkok late in 2011, the UN climate chief noted the disaster "shut down 25% of hard-drive computer production around the world".

"If that's not an example of how intricately linked we are, how governments and private sector need to work together, there's just no more compelling example than that," she said.

Kenyan Prime Minister Raila Odinga also called on corporations to play their part even if governments agreed in Durban to launch the Green Climate Fund.

This will help channel up to $100bn a year by 2020 to poor countries facing worsening floods, drought, storms and rising seas.

"But more funds are needed, and as bureaucrats continue to talk, people continue to suffer almost on a daily basis, so something has to be done.

"That's where the private sector comes in, as a partner... to move this agenda forward," he said.

However, the chair of Africa's biggest energy company Eskom Holdings threw the ball back in the governments' court.

Companies consider risks above all before taking on any new ventures, said Zola Tsotsi, who heads the South African group.

Therefore, governments need to show determination to fight climate change in order to convince corporations to throw in their lot.

"Governments and countries need to show commitment in their involvement in mitigation and climate change," he said.

"By so doing they should make the treasuries available to show that guarantees are in place for those who want to invest in these areas."
Read more on:    un  |  eskom  |  climate change
NEXT ON NEWS24X
SHARE:

Read News24’s Comments Policy

24.com publishes all comments posted on articles provided that they adhere to our Comments Policy. Should you wish to report a comment for editorial review, please do so by clicking the 'Report Comment' button to the right of each comment.

Comment on this story
5 comments
Add your comment
Comment 0 characters remaining
 

Inside News24

 
/News
 

Five wrapping hacks you have to know before Christmas

Five gift wrapping hacks that will save Christmas for you!

 
 

I love summer.24

Sexiest Instagrams of 2014
Joburg hot spots for cocktails, craft beer, tapas and wine!
Summer Survey!
Great ideas for the best summer sandwiches!

Jobs in Cape Town [change area]

Property [change area]

Travel - Look, Book, Go!

Kalahari.com - shop online today

Grand Theft Auto 5

Now available on PS4, Xbox One and PC from R649. Buy now!

Festive gifts!

Check out our awesome range of festive gifts to make everyone’s wishes come true. Shop now!

Save on Samsung

Cameras, mobile phones, TVs, Tablets and more. While stocks last. Shop now!

Save up to R2200 on electronics! – As seen in the catalogue

Wishing for tech gadgets this festive? Save up to R2100 on hot tech products at kalahari.com. While stocks last. Shop now!

30% off the bestselling books

Save big on the most captivating reads of 2014. While stocks last. Shop now!

OLX Free Classifieds [change area]

Samsung Galaxy s4

Mobile, Cell Phones in South Africa, Western Cape, Cape Town. Date October 24

Best bargain in big bay

Real Estate, Houses - Apartments for Sale in South Africa, Western Cape, Cape Town. Date October 25

VW Golf 6, 1.6 Trendline (Excellent condition)

Vehicles, Cars in South Africa, Western Cape, Cape Town. Date October 25

Horoscopes
Aquarius
Aquarius

The energy today is serious, materialistic and hardworking. You may find you get a new outlook on things and you may want to spend...read more

There are new stories on the homepage. Click here to see them.
 
English
Afrikaans
isiZulu

Hello 

Create Profile

Creating your profile will enable you to submit photos and stories to get published on News24.


Please provide a username for your profile page:

This username must be unique, cannot be edited and will be used in the URL to your profile page across the entire 24.com network.

Settings

Location Settings

News24 allows you to edit the display of certain components based on a location. If you wish to personalise the page based on your preferences, please select a location for each component and click "Submit" in order for the changes to take affect.








Facebook Sign-In

Hi News addict,

Join the News24 Community to be involved in breaking the news.

Log in with Facebook to comment and personalise news, weather and listings.