The Climate Group urges Europe to lead on a low carbon economy

5 October 2007

The °Climate Group has urged Europe's business and political leaders to work more closely together to lead a global low carbon economy.

Speaking at an event in the European Parliament, Dr Steve Howard, Chief Executive of The °Climate Group, challenged EU businesses and governments to lead the world in developing practical solutions to tackle climate change and reduce greenhouse gas emissions.

The event was hosted by leading environmental MEP Anders Wijkman and addressed by Artur Runge-Metzger, Head of Unit C1 ('Climate strategy, international negotiation and monitoring of EU action'), DG Environment of the European Parliament. The event discussed the recommendations being developed by the European Parliament Temporary Committee on Climate Change (CLIM) on the steps the EU needs to take to deliver its 20 per cent emissions reductions targets by 2020.

Participants heard low carbon success stories from Olivier Luneau (Senior VP, Sustainable Development and Public Affairs, Lafarge), Ben Gannon (Executive Director, Government Affairs, Johnson & Johnson), Wilco van Heteren (Advisor Responsible Investments, PGGM Investments) illustrating how business and government can lead the way towards a low carbon economy whilst boosting profitability and competitiveness.

Steve Howard said, "As momentum builds towards a successor to Kyoto, EU leaders have a unique opportunity to lead the world in growing a low carbon economy. For Europe's CEOs, acting on climate change has become a straightforward business proposition and many of them are already seeing the economic and environmental benefits of taking action now to reduce the climate impact of their operations."

Recent research from The °Climate Group shows that more European businesses than ever are sourcing energy from renewable resources. Renewable energy accounted for ?30bn of revenue in 2007 and is predicted to employ one per cent of the EU's workforce by 2010 - more than were employed in the entire electricity, gas, and water supply industries in 2005.

Howard added, "The Climate Group will build its presence in Brussels to promote the actions of Europe's climate change leaders and encourage others to adopt pro-growth solutions to tackle climate change."


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