Montreux, Switzerland – The World Business Council for Sustainable Development (WBCSD) and the Brazilian Council for Sustainable Development (CEBDS) today deliver impactful business engagement and practical results for UNFCCC COP30. announced a new partnership for
Over the next 18 months, WBCSD and CEBDS will work together to mobilize Brazil's private sector and the international business community to present an ambitious action plan to maintain 1.5 degrees and drive implementation.
Central to this partnership is the WBCSD and CEBDS' commitment to support the COP Presidency by mobilizing business activity and developing a number of key outcomes in key value chains by COP30. These achievements would not be possible without the involvement of business, for example with the support of Amazon. Build an ecosystem and accelerate green industrialization. This goal also includes strengthening the relationship between CEBDS and WBCSD for long-term impact and streamlining coordination between Parties on common areas of work such as equity and regenerative agriculture.
Over the next two years, Brazil will play a central role in the global sustainability agenda, hosting the G20 in 2024, the BRICS in 2025, and the UNFCCC COP30 Presidency. UNFCCC COP30 in Belém will be a historic moment, as for the first time the Amazon, an important ecosystem for climate action and biodiversity, will be the backdrop for a UNFCCC COP. The partnership will provide private sector support to Mission 1.5°C, launched by the UNFCCC COP Presidency Troika, to build momentum at key milestones this year, including CBD COP16 in Cali and UNFCCC COP29 in Baku. It turns out.
One example of this partnership is the Net Zero Platform, a program that provides comprehensive guidance to support Brazilian companies in their transition to a low-carbon economy. This initiative will help accelerate climate action at all levels that impact companies' ability to reduce greenhouse gas (GHG) emissions. This could be within the company itself, across the value chain, national public policy, or international net zero standards.
The private sector is one of the key drivers behind the implementation of ambitious solutions in support of the Paris Agreement and the Montreal-Kunming Global Biodiversity Framework. The UNFCCC COP28 Global Stocktake results highlighted the role of business and highlighted the need for stronger cooperation between governments, business, finance and civil society to accelerate progress. Both WBCSD and CEBDS have been working on sustainable development for over 27 years, working with ambitious companies across all sectors and value chains.
WBCSD works with more than 230 leading multinational companies to drive systems transformation for a better world where more than 9 billion people live comfortably within the planet's boundaries. CEBDS has more than 110 major companies headquartered or with significant presence in Brazil as members, with a combined revenue of approximately R$4 trillion. Both WBCSD and CEBDS are committed to sustainability imperatives such as climate, nature and equity, combining CEO-level involvement and technical capacity to drive action and implementation.
WBCSD President and CEO Peter Bakker commented on the partnership: The partnership brings together two organizations with rich histories in sustainable development to drive impactful business engagement and action in the lead-up to COP30. Brazil has a very important role to play on the world stage for two years, and an ambitious private sector to achieve the financial, equity, land use and industrial transformation outcomes that need to be achieved in Mission 1.5oC. It is equally important to promote support for . WBCSD and CEBDS are committed to leveraging their expertise with the private sector to secure strong and ambitious outcomes to tackle climate change, halt nature loss and reduce inequality. ”
“Brazil is a country in a very good position due to its natural advantages to achieve a just transition to a net-zero economy with a positive impact on nature by 2030. The partnership between CEBDS and WBCSD will actively participate in shaping public policies and implementing practices that reduce environmental impacts, and will lead to sustainable development. It will be important in strengthening the role of Brazil's business sector on the front lines,” said President Marina Grossi. Sebs.
key message
- The World Business Council for Sustainable Development (WBCSD) and the Brazilian Council for Sustainable Development (CEBDS) are working to support Brazil towards impactful business engagement and practical outcomes ahead of UNFCCC COP30 in 2025. and announced a partnership to mobilize the global private sector.
- Over the next two years, Brazil will host several important global events, including the G20 in 2024, BRICS in 2025, and the UNFCCC COP30 Presidency. The UNFCCC COP30 in Belém will be particularly historic as it will be set against the backdrop of the Amazon for the first time, highlighting the Amazon's importance to climate action, biodiversity and equity.
- The partnership aims to deliver on an ambitious agenda of action to sustain the goal of limiting global warming to 1.5°C. This includes supporting the COP Presidency, developing key achievements in key value chains, and working to support the Amazon ecosystem and accelerate green industrialization.
