Hoesung Lee

The Bottom Line

The voice of leading businesses and investors at COP21

Hoesung Lee

How important is it that the climate deal agreed in Paris reflects the current science?

The IPCC’s mission is to provide policymakers with thorough assessments of climate change to inform their decision-making.  I am hopeful that a final agreement will reflect the IPCC’s findings, while also understanding that negotiators have to consider political realities as well.  The most important thing is that the agreement gets us on the right track toward climate stabilization.

If there was one thing that business should take from climate science, what is it?

The private sector produces the innovations that we need to make further progress in mitigating and adapting to climate change.  The commitments made by more than 180 governments to reduce their greenhouse-gas emissions send a clear message that there is an enormous and growing opportunity for the business sector.

What can business do to support an ambitious deal?

Businesses from several sectors, including the oil and gas industry, have called for a meaningful agreement and have advocated for a revenue-neutral tax on greenhouse gas emissions. But we will need more support from more business leaders to push additional innovation and remind world leaders of the importance of action.

How close is the relationship between the IPCC and the UNFCCC?

We are equal partners in the effort to bring about climate stabilization.  The IPCC provides assessments of climate change, its impacts and the options we have to adapt to and prevent it.  That information then informs the UNFCCC’s negotiation process so that final decisions based in scientific reality.

Edition 11 December 11, 2015

TWEETS of the DAY

Dec 10 Tony de Brum

Our #HighAmbitionCoalition grows. Welcome Philippines, Seychelles, Chile, Fiji, Grenada, FSM, Lux, Canada. Now 100!

Dec 10 CDP

The CEO of one of world’s top energy companies: The future is closer than we think http://ow.ly/VHPhA

Dec 10 Kumi Naidoo

If you believe in #HumanRightsDay, you believe in #renewable energy for all http://bit.ly/1jQsQka  #COP21

To provide the policy certainty that business needs and the ambition that science dem­ands, to establish a level playing field for business worldwide, and to accelerate the transition to the low-carbon economy, We Mean Business calls for the following in the Paris Agreement on Climate Change:

  1. Net zero greenhouse gas emissions well before the end of the century
  2. Strengthen commitments every five years
  3. Enact meaningful carbon pricing 
  4. New and additional climate finance at scale
  5. Transparency and accountability to promote a race to the top
  6. National commitments at the highest end of ambition
  7. Adaptation to build climate-resilient economies and communities
  8. Pre-2020 ambition through Worksteam 2

Learn More