The UNFCCC is moving towards the 24th Conference of the Parties (COP24) in December 2018 and may finalize important elements of the Implementation Guidance or the Paris Rulebook. In anticipation of these important next steps in international climate cooperation, the Major Economies Business Forum (BizMEF) with support from Business at OECD (BIAC) will develop a 2nd review of business consultation and involvement in NDC implementation, and present the report at the OECD and COP24 in the fall 2018.
A new report: The Paris Agreement and the Private Sector
The report The Paris Agreement and the Private Sector: Institutional Infrastructure for NDC Implementation with Business will inform OECD, governments, businesses, and other key stakeholders of the private sector’s current role in elaborating and implementing NDCs. It will present examples of experiences, observations and lessons learned from interactions of BizMEF partner organizations and Business at OECD (BIAC) members with their domestic governments and UNFCCC delegations regarding the implementation and strengthening of NDCs.
How Business at OECD members can contribute
The report will be built from survey responses from business organizations and interviews with government authorities in OECD, developed and developing countries.
Providing a resource to UNFCCC and the OECD
The information presented in the Report will provide a resource to UNFCCC and the OECD that will be useful in
- advancing ongoing partnership with business for mitigation, adaptation, finance/investment and technological innovation and cooperation;
- proposing good practices at national level and recommend institutional architecture at the global effort that will mobilize and ramp up implementation;
- providing suggestions for areas that may need improvement in NDCs;
- clarifying that business has much to offer in the Facilitative Dialogue and the future Global stocktake cycle to strengthen implementation and improve transparency.