GLOBAL CLIMATE ACTION BUSINESS AND INDUSTRY. 9 November

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1 GLOBAL CLIMATE ACTION BUSINESS AND INDUSTRY 9 November Business has a significant role to play in enabling the global economy to achieve and exceed its climate goals. As a major source of greenhouse gas emissions, the private sector is a crucial partner in securing a prosperous and sustainable low-carbon economy for all. Business leaders are taking heed; more companies are now committed to leadership on climate action than at any time in history. But, there is more to be done to fully realise business potential to contribute to putting the world on a below 2 C trajectory. The Business & Industry Day will bring together representatives from the private and public sectors, to showcase corporate action and discuss how it can be rapidly scaled-up ahead of SHOWCASE BUSINESS & INDUSTRY The showcase event will: Showcase some of the most impactful private sector climate actions in support of the Paris goals and report on the progress these initiatives have made since COP 21; Identify how policy measures can increase and accelerate private sector action and what the key means of tracking progress and measuring the impact of initiatives will be as they move forwards.

2 13:30-14:00 Ambitious Action The private sector is ready to partner with governments across the globe to deliver emissions reductions at scale. Businesses are already implementing their commitments and taking ambitious action on climate change. The number of companies making climate commitments through We Mean Business has more than doubled since this time last year. This opening keynote speakers will showcase and celebrate the scale of corporate action already underway. Ms Frances Way, Chief Operating Officer, CDP H.E. Minister Hakima El Haite, Climate Champion, Morocco (invited) Ms Jill Duggan, Director of Policy and Director of the Prince of Wales Corporate Leaders Group Ms Miriem Bensalah-Chaqroun, President, La Confédération Générale des Entreprises du Maroc 14: Panel 1: Bending the curve below 2 degrees Many companies have committed to take action that supports the delivery of the Paris Agreement, moving further and faster than their government s require. Their contribution will be vital to the delivery of the Paris goals. To fully realise the private sector s potential to deliver emissions reductions at scale, corporate action will need to be reinforced by sound national climate policies. The panel will explore how the inter-relationship between corporate ambition and enabling policy can be leveraged and strengthened. Ms Sonal Pandya Dalal, Sustainability Strategy Manager, Facebook (invited) Ms Melissa Minors, Global Advocacy Manager, Unilever Ms Maria Mendiluce, Managing Director, Natural Capital, WBCSD Mr Mohamed Chaibi, President, Coalition for Waste Valorization Concluding remarks Ms Sylvie Lemmet, Director for European and International Affairs, Ministry of Ecology, Sustainable Development and Energy, France Ms Kate Levick, Director of Policy and Regulation, CDP

3 14: Panel 2: Strengthening resilience and reducing vulnerability to climate change Climate risk is material to businesses across the globe. The private sector can strengthen collective ability to manage climate risk by enhancing its adaptive capacity, strengthening resilience across supply chains and influencing policy enabling environments. Businesses are already building adaptive capacity by developing early warning systems, contributing to emergency preparedness, providing access to financial services and investing in capital assets. The private sector wants to be an implementation partner and this panel will explore how to deepen private sector involvement in the resilience agenda. Ms Sandra Wu, Chief Executive Officer, Kokusai Kogyo Co. LTD Mr Jean-Louis Chaussade, Chief Executive Officer, Suez Ms Houria Tazi Sadeq, President, Moroccan Coalition for Water Ms Heidi Huusko, Senior Manager, Environment & Climate, UN Global Compact Closing remarks Ms Frances Way, Chief Operating Officer, CDP

4 DIALOGUE BUSINESS & INDUSTRY The Business and Industry dialogue session will be dedicated specifically to the topic of carbon pricing, reflecting the extraordinary extent of cross-sectoral collaboration that has developed around this issue since COP21, as exemplified by initiatives such as the Carbon Pricing Leadership Coalition Opening of Carbon Pricing Dialogue Welcoming remarks: Ms Frances Way, Chief Operating Officer, CDP Carbon pricing shifts the social costs of climate change to the source of the pollution, encouraging polluters to reduce emissions and invest in clean energy and low-carbon growth. National governments may wish to consider using this policy lever to support implementation of the Paris Agreement, as allowed for under Article 6 of the Agreement. Keynote speeches: H.E. Minister Hakima El Haite, Climate Champion, Morocco (invited) Mr John Roome, Senior Director for Climate Change, World Bank Group (invited) The Honourable Catherine McKenna MP, Minister of Environment and Climate Change, Canada (invited) Mr Xu Huaqing, Deputy Director General, National Center for Climate Change Strategy and International Cooperation, China (invited) Ms Jill Duggan, Director of Policy and Director of the Prince of Wales Corporate Leaders Group

5 The private sector s response What can be concluded from the rapid increase in the number of companies setting an internal carbon price? What are the emerging trends in terms of the evolution of this approach and why does it matter to investors and policymakers? How is it becoming a driver for change in the private sector? : Mr Jean-Pierre Cordier, Network Representative, Global Compact Network France Ms Nicolette Bartlett, Director of Carbon Pricing, CDP Mr Anirban Ghosh, Vice President Sustainability, Mahindra Group (invited) Mr David Wei, Associate Director, Climate, Business for Social Responsibility Using carbon pricing policies to create a market signal What makes a carbon pricing policy into an effective price signal? In other words, how can carbon pricing policy be used to incentivize private sector investment and shift the trillions? This session will seek to identify what success characteristics could be taken into account by Parties in order to use carbon pricing as a policy lever to drive change in the private sector. : Ms Kelley Kizzier, European Commission, DG Clima (invited) Mr. Gustavo Adolfo Funcia Murgel, Chief Executive Officer, Itau Asset Management (invited) Mr. Enrique Cueto Plaza, CEO LATAM Airlines Group (invited) Mr Dirk Forrister, President and Chief Executive Officer, International Emissions Trading Association Closing remarks Ms Jill Duggan, Director of Policy and Director of the Prince of Wales Corporate Leaders Group

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