Business committed to secure agreement to end plastic pollution, says ICC
ICC has called on governments to secure an ambitious, workable, effective and inclusive agreement at the last negotiating round of the INC-5 in Busan.
ICC has called on governments to secure an ambitious, workable, effective and inclusive agreement at the last negotiating round of the INC-5 in Busan.
ICC, in collaboration with Sage, has launched a global report which reveals a $789 billion green finance opportunity for small businesses.
ICC is calling for stronger governance and transparency in voluntary carbon markets (VCMs), highlighting their critical role in reaching net-zero emissions by 2050.
Since 2021, ICC has drawn on the experience of its global members to develop core principles and guidance for the effective design of carbon pricing instruments.
The stakes are once again high at the UN climate change conference COP29 happening in a year of record-breaking temperatures.
A new report, commissioned by the International Chamber of Commerce, estimates that climate-related extreme weather events have cost the global economy more than $2 trillion over the past decade.
ICC has published its ICC Principles for Sustainable Trade: Wave 3, which provides a frame to assess both the environmental sustainability of a transaction, and how it supports socio-economically sustainable development.
In a new paper, “Global Principles for Effective Border Carbon Adjustments”, the global business organisation recognises the clear rationale for introducing border carbon adjustments given prevailing asymmetries in domestic climate policies.
With nearly one million species at risk of extinction according to the 2019 Global Assessment Report, global biodiversity is severely at risk. At COP15 in 2022, world leaders agreed on a goal of living in harmony with nature by 2050 and adopted the Kunming-Montreal Global Biodiversity Framework (GBF) to help achieve that vision. This year’s COP 16 will review progress on the GBF and decide how to monitor and fund its implementation.
Existing sustainable finance frameworks often cannot be easily and objectively applied to many Trade Finance products due to their nature as a ‘flow’ product without delineated projects. The PSTF offer clear, transparent, and consistent guidelines to enable banks, corporates and investors to effectively channel capital towards sustainable and inclusive trade finance facilities while mitigating the risks associated with greenwashing.
At COP16, negotiating parties will decide on the modalities for a multilateral mechanism for sharing benefits from the use of digital sequence information.
ICC Secretary General John W.H Denton AO has welcomed a new “Business Ready 2024” report from the World Bank as a significant tool for advancing private sector development.