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Business Council for Climate Change Task Force Meeting International Activities February 5, 2009 Offices of Solar Turbines Washington, DC

February 5 Meeting Agenda COP-14 Highlights & Outcomes 2009 Work Plan UNFCCC Meetings in Bonn, Copenhagen Post-2012 policy priorities & paper E3G Presentation & Discussion on Technology Package

COP-14 Review Over 9,000 participants Only 1 US delegation, no shadow Obama delegation Low expectations met, no declaration AWG-LCA LCA: : Set work program for 2009, negotiating text expected in first 6 months AWG- KP: : No firm commitment to 25-40% GHG reductions CDM: : Recommendations for reform considered, official adoption not expected until March/April Adaptation Fund: : Made fully operational, 2% levy on CDM transactions

COP-14 Objectives & Outcomes Objective: Build Council profile as liaison & resource Outcomes: Reception strongly attended by US Del Held small meetings with key CoDel staff Facilitated mtg b/w Sen. Kerry & Yvo De Boer Dinner featured Yvo de Boer, also well attended Bi-lateral meetings on sectoral approaches

COP-14 Objectives & Outcomes Objective: Advance Council s s post-2012 recommendations Outcomes: Delivered 1 of 3 business interventions during talks before on behalf of the ICSE Formed new coalition Climate Solution Businesses Side Events well-attended w/ press coverage Published Flier on Clean Technology Deployment

COP-14: General Reflections Heavy international focus on the U.S. both good and bad Conservative approach from U.S. CoDel Agreement in Copenhagen is possible but in what form? Challenge to find more in-system money from countries during financial crisis

2009 Work Plan: Activities Engage in 2009 UNFCCC negotiations Define post-2012 policy priorities and develop positions papers on key Bali Plan of Action issues Build relationships and profile with Congress and new Administration through DC-based advocacy events and private meetings Monitor US engagement in Major Economies Process Monitor US government and World Bank efforts on Clean Technology Fund and Carbon Partnership Facility. Strengthen working relationships with other business groups and ICSE

2009 Work Plan: Priorities Next 3 months (Feb April) - Brainstorming sessions/briefings with Congressional staff on issues such as offsets, market design, etc - Reach out to Congressional Committees to provide hearing witnesses - Develop one-pagers on BCSE views on key building block issues - Explore technology workshop with EGTT in Bonn, Germany in June - Preparations for late March 2009 negotiations, Bonn, Germany Next 6 months (April - July) - Draft post-2012 paper, pending resources - Review draft texts and identify priority areas for advocacy Next 11 months (July - Dec) - Develop strategy to advance key priorities - Plan activities for Copenhagen, December 2009

BCSE Post-2012 Objectives & Priorities Shared Vision Mitigation Targets & Timetables Adaptation Technology Transfer Finance

2009 International Calendar March 30 April 9: UNFCCC Meeting in Bonn, Germany 7th Meeting of the Ad-hoc Working Group on the Kyoto Protocol (AWG-KP) and Ad-hoc Working Group on Long- term Cooperative Action (AWG-LCA) April: Major Economies Meeting May 24-26: 26: World Business Summit on Climate Change June 1 12: UNFCCC Meeting in Bonn, Germany 30th meeting of Subsidiary Bodies July 8-10: 8 G-8 G 8 Summit in Sardinia, Italy August/September: UNFCCC Meeting, TBD October: Potential UNFCCC Ministerial Meeting Dec. 7 18: UNCCC/COP-15 Copenhagen, Denmark

Logistics Accreditation to UNFCCC meetings Copenhagen Hotel Options Downtown Le Meridien Palace Hotel: 3,060 dkk/night ($525) Hotel Alexandra: 3 star - 1,695 dkk/night ($290) (Green Key Hotel) Admiral Hotel: 1920 dkk/night for single ($339), 2050 dkk for double ($355) Others possibly in Sweden

Guest Speaker & Discussion Mr. Shane Tomlinson, E3G Innovation and Technology Transfer: Framework for a Global Climate Deal