Business and Industry Closing Statement COP25
Global business dismayed by no agreement on missing element of Paris Agreement.
The negotiations – COP25 – marked the longest in history. Yet despite progress on many agenda items – including gender; oceans; land; loss and damages; adaptation; and response measures – governments failed to match the ambitions of business and other stakeholders regarding the operationalisation of “Article 6” of the Paris Agreement, a crucial missing element of the so-called “Paris Rulebook” agreed at COP24 in Katowice, Poland a year ago.
Read the Business and Industry (BINGO) closing statement from COP25.