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ost companies pay
little attention to the complex processes going on within the UN climate
negotiations.
There are, however, good reasons why companies should follow
the Paris process, write Maarten Neelis and Rolf de Vos of energy consultancy
Ecofys, and especially the “intended nationally determined contributions”
(INDCs).
These provide companies with vital information on how climate policies
will develop in different countries and what opportunities there may be in new
markets in the low-carbon sector.
Gradually, the intended nationally determined contributions
(INDCs) to the overarching climate agreement to be concluded in Paris later
this year are starting to come in. The Climate Action Tracker largely confirms what could be expected: the
INDCs differ widely in many respects.
They differ in scope, from a mitigation focus only, to a
focus on adaptation as well. They differ in ambition, from well-defined with
transparent absolute targets to much more loosely defined. They differ in terms
of the policies proposed, from carbon pricing referred to as the backbone of
climate change, to no policies at all.
Read the EnergyPost story - “Four reasons for business tofollow the Paris process”.
