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.

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