CEOs just want climate certainity for Christmas

A

ll business wants for Christmas is a global carbon price, a long term climate goal and regular UN reviews to ensure all countries are pulling their weight.

That’s the assessment of Peter Bakker, formerly CEO of TNT Netherlands, now running the Geneva-based World Business Council for Sustainable Development.

The 200-strong body represents some of the world’s top banking, energy and manufacturing businesses, counting Kellogg’s, L’Oreal, Infosys, Chevron, BP and Shell as members.

It’s a loose coalition, but one that carries clout, given the trillions of dollars members have to invest.

Bakker told Climate Home he is relatively “neutral” over current plans for a global climate deal, set to be signed off 12 days before Santa starts dropping off presents.

Read the Climate Home story - “CEOs to the rescue: Can business save the world from climate change?”