Global companies call for climate action in Cancun

On November 15, 2010 Novo Nordisk joined the nearly 1000 global companies in signing The Cancun Communiqué urging governments to make rapid progress on a number of key issues during the sixteenth United Nations Climate Change Conference of the Parties (COP16) in Cancun, Mexico.

Nearly one year after the UN Framework Convention on Climate Change in Copenhagen (COP 15), the international business community is using The Cancun Communiqué to deliver a key message: give business clear targets and policies to stimulate initiatives from business and business will and can deliver the solutions. The Communiqué is being published leading up to the November 29 start of COP 16.

'The transformation to a low-carbon economy is not only possible, it also offers a promise of economic growth,' says Novo Nordisk's Lise Kingo, executive vice president and chief of staffs.

The lack of a binding agreement in Copenhagen left many companies unsure about how to make low-carbon investment decisions. Signatures of The Communiqué urge governments to recognise that private financing and supporting finance structures is vital to transform global markets and provide a necessary low-carbon infrastructure.

'As a global business, we need a long-term, stable and global framework to guide our future operations. This is why we continue to give our support for achieving an ambitious and binding global agreement,' says Kingo.

The Prince of Wales's Corporate Leaders Group on Climate Change (CLG)

The Cancun Communiqué is the fourth published communiqué issued by The Prince of Wales's Corporate Leaders Group on Climate Change (CLG). The CLG brings together business leaders from major UK, EU and international companies who believe that there is an urgent need to develop new and longer-term policies for tackling climate change.
The CLG has been active since 2005 in progressing action on climate change, working with national governments, international fora and within the business community.

The Corporate Leaders Groups have been developed and are managed by The University of Cambridge Programme for Sustainability Leadership on behalf of His Royal Highness
The Prince of Wales. Previous communiqués, all supported by Novo Nordisk, have included The Bali Communiqué on Climate Change (2007), The Pozna? Communiqué on Climate Change (2008) and The Copenhagen Communiqué on Climate Change (2009).

Further information

Download The Cancun Communiqué here (new window)

Read more about COP 16 in Cancun, Mexico here (new window)