The Brazilian Business Council for Sustainable Development (CEBDS) and its associated companies received this Monday (03) the executive secretary of the United Nations Framework Convention on Climate Change (UNFCCC, its acronym in English), Patricia Espinosa. The meeting, held at Itaú's headquarters in São Paulo (SP), discussed the contributions that the private sector can make to the implementation of the Paris Agreement.
“Brazil is a great partner, a very important country in the process of fighting climate change. It was a very important partner in achieving the Paris Agreement and, within this context, the Brazilian business sector played a fundamental role”, highlighted Patricia Espinosa.
The president of CEBDS, Marina Grossi, provided the UNFCCC with the results of the study “Opportunities and Challenges of the Brazilian NDC for the Business Sector”, which will be launched in the coming weeks by the Council. “This study will be taken to the federal government and we want it to help in the development of a national plan for implementing the commitments that Brazil assumed in Paris until 2030. And we have already started to develop another study to explore the opportunities that the decarbonization of the economy will open in the long term, until 2050” he contextualized.
During the meeting, the business sector reinforced the importance of consolidating carbon pricing instruments in the world and, particularly, in Brazil, given the competitive advantages they can bring to those who produce with less environmental impact. Patricia Espinosa suggested that Brazilian companies expand this debate with society and present a detailed position in defense of pricing in the next Conference of the Parties to the United Nations Framework Convention on Climate Change (COP), which will take place in November this year in Bonn, Germany.
Responding to requests from companies, the UNFCCC was also willing to collaborate, through technical support, with inputs that contribute to the development of green financial instruments in the country.
The meeting with the UNFCCC was another activity of the CEBDS Leadership Council, an initiative created in 2015 to promote dialogue between CEOs and senior executives of large corporations with public authorities from different spheres and society. Representatives from AES Brasil, braskem, CPFL Energia, CPFL Renováveis, CCR Group, Itau, Santander, Schneider Electric, Siemens, Unilever It is Vestas, in addition to the Climate Business Initiative (IEC), represented by the Global Compact organization.
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