Climate & Energy Briefing 1 April 2019
Climate & Energy
Briefing
1 April 2019
Climate & Energy is one of six programs at WBCSD
Our science-based
approach and targeted
projects aim to scale up
business impact, enabling
companies to be better
placed to unlock market
opportunities, consolidate
an enduring license to
operate and better
manage risks.
We enable business contributions to the Sustainable Development Goals through the transformation of six economic systems.
Framework for our Climate & Energy work
Our vision is to create a world where more than nine billion people are all living well and within the boundaries of ourplanet, by 2050.
Our mission is to accelerate the transition to a sustainable world by making more sustainable business more successful.
Our WBCSD objective is to fulfil the Sustainable Development Goals (SDGs).
The Paris Agreement states: “Keep global temperature rise this century well below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit the temperature increase even further to 1.5 degrees Celsius”
Our C&E objective is to fulfil the aims of the Paris Agreement.
Our Climate & Energy Strategy
CLIMATE LEADERS
1. Innovation: We engage companies on ambition and implementation across all sectors with
a high quality portfolio of projects and value-adding activities.
2. Collaboration: Business, government and civil society see WBCSD as a clear enabling
force behind private sector collaboration to accelerate the transformation to a net zero
emissions economy.
3. Valuation: Our advocacy will help give policymakers the confidence to ramp up the ambition
of climate policies and accelerate their implementation.
Climate Policy REscale
Transforming
Heavy TransportNatural Climate Solutions
Climate & Energy projects
New Energy Solutions
SBT4utilities
Climate & Energy: Team
Maria Mendiluce
Managing Director
Mariana Heinrich
Manager,
Climate & Energy
Karl Vella
Manager,
Climate Policy
Veronika Neumeier
Associate,
Climate Policy & Grants
Secondments
Lucy Hunt
Associate,
Renewable Energy
Luca De Giovanetti
Manager,
Science Based Targets
Michael Ofosuhene
Associate,
Climate Policy
Juliet Taylor
Manager,
Communications
Peter Beare
Associate, Natural
Climate Solutions
Andrew Richards
Director, Climate & Energy
Christopher Conifer
Manager, Natural
Climate Solutions
Priorities in 2019
A new global climate target of 1.5°C - increasing ambitions and resilience
Accelerate energy system
transformation
Scale natural climate
solutions
Review freight work
Climate policy• UN SG Climate Summit: Raising
ambitions• COP 25: Article 6
1 2 3 4
Project highlights
Natural Climate Solutions
Scale Natural Climate Solutions (NCS) by helping
unlock private capital through carbon investments.
Value
Impact
Voice
Platform to call for action, e.g. our short film “The Natural Solution” won the Judge’s Award at the 2018 the Global Sustainability Film Awards
Cross sector collaboration to drive increased awareness and recognition of NCS offsetting by external stakeholders
Companies and conservation NGOs coming together in a shared narrative, setting the level of ambition and providing the business case for investment
Value
Impact
Voice
REscale
Renewable energy is reliable and
competitive and we believe that 3.5 TW of
capacity can be deployed before 2025.
Value
Impact
Voice
Enables 63 companies from across the renewable value chain to share insights to navigate markets
From 2008 to 2017, 22% of corporate renewable PPAs were signed by a WBCSD member
Engaged over 200 companies and materials downloaded over 20,000 times in 90 countries
SBT4utilities (Science-based targets for utilities)
ValueUtilities have a stronger
understanding of science-based
targets and develop methods for
setting Scope 3 emissions targets
ImpactEngagement with peers and
the guidance document will
enable utilities to set ambitious
emission reduction targets
VoiceUtilities exchange
experiences and create a
common voice in external
engagement
Helping electric utilities set science-based targets, in particular addressing Scope 3
emission targets
Transforming Heavy TransportUnify business in the transition to sustainable
transport by accelerating emission reductions
across freight and logistic operations
Value
Impact
VoiceStrengthening the industry’s voice in shaping and increasing ambition on freight
Logistic companies, government and academic institutions are aligning to develop national decarbonization strategies for freight
Local implementation of the best options to lower CO2 emissions and air pollutants from logistics operations
Value
Impact
Voice
New Energy SolutionsIncrease deployment and use of low-carbon energy solutions to decarbonize power,
heating, cooling and transport
ValueOur guidelines provide practical
advice on how companies can
decarbonize their energy
consumption, and our business
cases help companies assess
new energy solutions
ImpactCollaboration across the value
chain facilitates development of
new business models and
financing options
VoiceThe project is a platform for
companies to exchange ideas
and voice their collective
viewpoints
How to find out more?
Natural Climate Solutions
Wednesday09:00 – 10:30
Join the C&E sessions on Wednesday
REscaleWednesday
14:30 – 16:00
Adaptation & ResilienceMonday
14:30 – 16:00
SBT4utilitiesWednesday
11:00 – 13:00
New Energy Solutions
Wednesday 16:30 – 18:30SDG
Roadmap for Utility
Sector
Climate Policy Briefing1 April 2019
Climate Action & Policy
A look back at 2018
• COP24 – Key outcomes and engagement
• Talanoa Dialogue
• Global Climate Action Summit
• Regional Climate Weeks
2019 – “The year of Ambition”
• Key Moments
• Thematic focus
WBCSD Climate Policy Strategy 2019
• Strategic focus 2019
• Opprtunities for engagement
Session outline
The voice of business on Climate Policy
AmbitionWork with partners and members to disseminate credible, representative, and influential messaging to target
audiences with a focus on LCTPi
The WBCSD Climate Policy Working Group is made up of over 90 companies who meet regularly to shape key
messages, share insights and plan events to bring a strong voice of business to climate events.
Key activities• Coordinating business participation in key global and regional
events
• Amplifying key messages on climate policy, influencing other
organisations and key stakeholders
• Collecting intelligence on multilateral processes and initiatives
Strategic Partners: UNFCCC, MPGCA, WMB
WBCSD Climate Policy Team
Karl Vella
Manager, Climate Policy
Veronika Neumeier
Associate, Climate Policy
Michael Ofosuhene-Wise
Associate, Climate Policy
A look back at 2018
IPCC 1.5°C
Special Report
Talanoa Dialogue
GCAS
The main aim of GCAS was to showcase the work
of local governments and non-state actors in
pursuing the fight against climate change.
The IPCC Special Report on Global Warming of
1.5°C highlighted the urgency of climate action,
including raising ambition in NDCs, and stress need to invest in all options for mitigation action.
Talanoa Dialogue process was requested by Parties to
take stock of collective efforts on progress towards the
long-term goal of the Paris Agreement; and to inform the
preparation of enhanced NDCs.
Climate in 2018: What happened?
COP24 and the
Paris Rulebook
The main outcome from COP24 was the achievement of
the set of guidelines for the implementation of the Paris
Agreement – the Paris Rulebook. Parties agreed on a
Rulebook, which however does not include the rules
governing Article 6 of the Paris Agreement.
A look back at COP24
WBCSD had a strong presence at COP24
WBCSD Key Asks: It’s time to go further, faster
Raised Ambition Clear Rules Strong Enablers
1. Business leadership on climate evidenced by the LCTPi
progress report
2. Business to government policy dialogues through
leadership in Marrakech Partnership
3. Strong and relevant policy asks from business to negotiators
Key outcomes from COP24
Paris Rulebook – an important step forward to operationalize
the Paris Agreement through improved rules on monitoring,
reporting and verification of emissions by all countries
Transparency framework establishing a common system for
all countries, with a stringent inbuilt “flexibility” system for
developing countries
No decision on Article 6 which covers the rules around
cooperative approaches such as carbon markets and trading
(decision deferred to 2019)
IPCC report on 1.5°C – weak language which does not
“welcome” the report, only its “timely completion”
Ambition – the final decision lacks a clear call for countries to
start domestic processes to revise their national commitments
WBCSD led the Industry Action theme at COP24Marrakech Partnership for Global Climate Action
Low-Emissions Solutions Conference (LESC) Events
Talanoa Dialogue 2019 - Our engagement
Talanoa Group Participants
Talanoa Groups at COP24 11 December 2018
• Talanoa Submissions• Talanoa Groups• Talanoa Blogs
• Talanoa Videos• Events
Telling the story of business climate action
GCAS – Bringing a strong voice of business action San Francisco, California (September 2018)
Aim
Showcase the action of local governments
and non-state actors, including cities,
business, civil society, in pursuing the
fight against climate change.
Latin America & Caribbean Climate Week
20-23 August 2018, Montevideo, Uruguay
Regional Climate Weeks 2018
Asia-Pacific Regional Climate Week
10-13 July 2018, Singapore
Focus on regional implementation
Members’ Experience 2018
WBCSD LD Meeting
Montreux
Miguel Ángel Muñoz Rodriguez
Head of Climate Policies
Iberdrola
The global climate agenda in 2018 & reflections on climate policy leadership
Iberdrola contributed to Talanoa Dialogue with an ambitious approach
Long-term climate strategies, consistent with the Paris Agreement’s goals:
• Legally binding targets to be reached by 2030 and 2050.• Transparent and inclusive process ...• Regular assessments with upwards revisions.• Wide approach to tackle all sectors of the economy.• Recognition of the role of public-private partnerships.• Recognition of climate change as a risk for the economy.• Robust governance framework.
Robust climate policy frameworks to ensure effective implementation of the long-term climate strategy.
• A thorough diagnosis that recognizes fossil fuel as the main cause of climate change and acknowledges the role of electrification.
• Crosscutting policies such as: taxation based on the “polluter pays principle”…
• Sectoral plans and measures to address barriers to decarbonisation.
Stringent implementation guidelines for the Paris Agreement at COP 24 that send clear signals to investors.
https://unfccc.int/documents/65018
Position presented in all the events regarding Talanoa’ s Dialogue: Bonn (May 2018),
Brussels (June 2018), San Francisco (September 2018) and Katowice (December 2018)
Iberdrola’s presence at COP 24
• Official patron at COP 24.
• Iberdrola’s participation in some of the most important in events:
• UNFCCC, World Business Council for Sustainable Development, IRENA, Eurochambres, BC3, Corporate Leaders Group,…
• Ministerial Roundtables of Talaona Dialogue (political phase).
• Moving for Climate NOW 4th edition: strong institutional support (ONU; Moncloa), about 40 important institutions represented, strong media repercussion…
• Assessment on negotiations results (UN Global Compact, Economics for Energy, Club Español de la Energía, …).
Member Engagement 2018Discussion Points
• What were the highlights of private sector
engagement on climate action in 2018?
• Which areas of engagement were most useful
for your work?
• Other comments and feedback?
2019 “The Year of Ambition”
Climate Policy Landscape 2019 and beyond
Ambition to• …update national climate plans (NDCs and long-term strategies) by 2020• …prepare for the full implementation of the Paris Agreement• …support developing countries and the most vulnerable
→ Towards achieving the 1.5C temperature goal
How?
“Inclusive multilaterlism”
The Era of Ambition
18-22
Mar
Africa Climate WeekAccra, Ghana
25-27
Aug
G7 SummitBiarritz, France
23
Sept
UNSG Climate SummitNew York, USA
1-4
Apr
WBCSD LD MeetingMontreux, Switzerland
2-6
Sept
14-17
Oct
Asia-Pacific Climate WeekChina (TBC)
WBCSD Council MeetingLisbon, Portugal
35
Key Dates 2019 - “The Year of Ambition”
28-29
Jun
G20 SummitOsaka, Japan
19-23
Aug
Latin America & Caribbean Climate WeekSalvador de Bahia, Brazil
2-13
Dec
COP 25Santiago, Chile
2019 “The Year of Ambition”WBCSD Strategy & Priorities
Key Focus Areas
Ambition – The road to 2020
WBCSD’s main policy messages should support the need
for greater ambition need to limit global warming to well-
below 2°C, with 1.5°C as the new North Star. Drawing from
the clear warning signal from the 2018 IPCC report, we will
continue to stress the urgency with which countries should
raise climate ambitions.
We will highlight the importance for countries to increase
ambition in the Nationally Determined Contributions (NDCs)
by 2020 and Long Term Decarbonisation Strategies to
strengthen ambition.
WBCSD Climate Policy Strategy 2019
Key Focus Areas
Business – the key implementation partner
With focus now fully on the implementation of the Paris
Agreement, WBCSD will continue to emphasise its
solutions-oriented approach to tackling climate change.
Together with our ‘We Mean Business’ coalition partners, we
will aim to highlight the importance of business as a key
implementation partner to achieve the Paris Agreement.
We aim to support companies to showcase business action
and innovation in finding and implementing concrete
solutions.
WBCSD Climate Policy Strategy 2019
Key Focus Areas
Market mechanisms – the missing piece
Although, COP24 delivered the Paris Agreement Work
Programme, Parties were unable to reach agreement on the
use of cooperative approaches (carbon market
mechanisms). As the missing piece of the Paris Rulebook
puzzle, Article 6 will become the main focus for successful
negotiations at COP25 in Chile.
We will work with our members to define a strategy towards
these negotiations that advocates for effective carbon
pricing policies that maintain competitiveness, create jobs
and deliver meaningful emissions reductions while ensuring
environmental integrity.
WBCSD Climate Policy Strategy 2019
Key Focus Areas
Leadership on Adaptation & Resilience
We will develop content to raise the profile of business
action on climate adaptation and resilience. We intend
to achieve this by leveraging in-house knowledge
and projects which showcase high impact approaches
and solutions for climate adaptation and resilience.
WBCSD Climate Policy Strategy 2019
Objective 2: Business narrative for Climate Adaptation and
Resilience
Objective 1: Engagement of cross-sectoral programs
WBCSD Report on Business Leadership on Resilience
TCFD
Members
Institutionalbodies
Public authorities
Policy makers
Redefining Value team
Climate Action &
Policy team
Climate Smart Agriculture
team
Water team
BuiltEnvironment
1 2
The business case to understand obstacles and levers, risks and opportunities
Elevating business action on resilience
WBCSD narrative for Climate Resilience
Building strong synergies Develop the business narrative on resilience
Project strategy
Monday, 14:30 – 16:00
StravinskiVI&VII
Key Moments 2019
COP25 Chile (December 2019)
Santiago, Chile
2 - 13 December 2019
This year’s UN Climate Change Conference will
take place in December in Santiago, Chile with
the pre-COP meeting taking place in Costa
Rica.
The exact location and details of the conference
will be communicated in due course.
WBCSD will be working with our members to
ensure strong business representation at the
Conference.
“Only a significantly higher level of ambition will do. To that
end, the Summit will focus on areas that go to the heart of
the problem – the sectors that create the most emissions
and the areas where building resilience will make the
biggest difference".
UN Secretary General Climate Summit 2019
UN Secretary General Antonio Guterres will convene a
Climate Summit in September 2019 to mobilize climate
action and finance. This summit comes one year before
countries will have to enhance their national
commitments under the Paris Agreement.
The Summit will offer public and private sector leaders
the opportunity showcase their ambition and accelerate
climate action.
UNSG Climate Summit 2019
Thematic areas
Mitigation Strategy
Infrastructure, Cities and Local Action
Nature-Based Solutions
Energy Transition Industry Transition
Social & Political Drivers
Climate Finance &
Carbon Pricing
Resilience and Adaptation
Mobilization
Crosscutting themes
Latin America & Caribbean Climate Week
August, Salvador de Bahia, Brazil
Regional Climate Weeks: 2019
Asia-Pacific Climate Week
2-6 September, (China, TBC)
Africa Climate Week
18-22 March, Accra, Ghana
Africa Climate Week 2019
Thematic areas:
Energy Transition
Cities and
Local Action Nature Based
Solutions
Focus:
How engagement between Party and non-Party
stakeholders can be strengthened across key
sectors in Africa.
Accra, Ghana 18-22 March
Africa Climate Week 2019 WBCSD EngagementAccra, Ghana 18-22 March
Climate Policy Strategy 2019 Discussion Points
• How can we leverage key moments in 2019 to
bring a strong and united voice of business?
• How can we improve our impact and bring more
companies to engage in delivering our strategy?
• What comments and feedback on CP strategy
2019 ?
WBCSD (Geneva)Maison de la Paix l CheminEugène-Rigot 2BCP 2075 1211 Geneva 1Switzerland
WBCSD (New York)747 Third Avenue Suite M205, New YorkNY 10017, United StatesUSA
WBCSD (Delhi)WBCSD India, 4th Floor, Worldmark 2,Aerocity New Delhi 110 037India
WBCSD (Singapore)WBCSD Asia Pacific Ltd.theBridge2 Science Park DriveSingapore 118222Singapore
WBCSD (London)WeWork Mansion House33 Queen StreetLondon EC4R 1BRUK
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