Submission made on behalf of the International Chamber of Commerce on the occasion of the One Planet Summit
ICC is the UNFCCC Focal Point for business and industry and in 2017, was granted Observer Status at the United Nations General Assembly – the first time a private sector organization has been admitted formally into the United Nations system. Our Observer Status, coupled with our role as UNFCCC Focal Point for business and industry, means that we are uniquely positioned to contribute the business perspective on issues of climate action.
Convened two years after the adoption of the Paris Agreement, the One Planet Summit has demonstrated incredible commitments and efforts by all groups of stakeholders to turn the targets of the Paris Agreement into reality.
ICC has been working with global business and industry to enhance the private sector’s climate action and partnership with other stakeholders in the global fight against climate change since inception of the UNFCCC. ICC greatly appreciates and commends the initiatives along the three goals set out by the One Planet Summit – stepping up financing for adaptation and resilience, enhancing the reduction of greenhouse gas emissions, and ensuring climate issues are central to the financial sector.