FinSoul: World Economic Forum in Davos hears multinational business support for Copenhagen Accord.

As the January 31 deadline for the first step of the Copenhagen Accord nears, major business groups call for ambitious emission targets.
 
Jan. 28, 2010 - PRLog -- FinSoul believes that the World Economic forum currently being held in Davos, Switzerland, has seen some of the globes most powerful businesses call on world leaders to embrace the Copenhagen Accord and to use it to encourage a “race to the top” that would see national, state and municipal governments compete by setting more ambitious climate change strategies.

An open letter from six major international business groups, the Climate Group, Business for Innovative Climate &Energy Policy, the Carbon Markets & Investors Associations, the Clean Economy Network, Combat Climate Change or 3C and the Copenhagen Climate Council, together representing more than 200 of the worlds most influential and powerful multinational companies, will shortly be issued to world leaders demanding the “clarity and certainty” needed to drive the transition to a low-carbon economy, FinSoul has learned.

The letter will ask governments to set ambitious carbon emission reduction targets, introduce market financing and incentives to encourage businesses to invest in green tech development and initiatives.  

"Smart business knows that taking climate action makes good business sense; it is prudent risk management and creates significant opportunities," FinSoul believes the chief executive of the Climate Group and Chair of the World Economic Forum's Global Agenda Council on Climate Change was recently quoted as saying. "Because industry is the primary driver of jobs and economic growth – and also for cutting global emissions – governments must give business the right tools and incentives to do the job at the scale and speed we need to safeguard our future climate, security and economic prosperity."

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FinSoul structures and guides greenhouse gas emission reduction projects from beginning to end, working with both project developers and buyers of emission reduction credits.
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