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30.01.2007 » Pressrelease » Solar Energy
3C - Combat Climate Change
A Business Leaders' Initiative
The 3C Initiative aims at forming a global opinion group consisting of companies showing leadership by demanding an integration of climate issues into the world of markets and trade facilitated by means of a global framework coming into force in 2013.
The 3C initiative makes an urgent request to the global community and all its representatives
There are clear indications of an ongoing global climate change. The root cause seems to be the emission of greenhouse gases due to human activity. A change in the climate could potentially alter the conditions that govern human life and lead to major costs. Therefore, we believe that the global community should aim at reducing the emissions of carbon dioxide and other greenhouse gases to acceptable levels as rapidly as possible, as well as providing secure and affordable energy for a stable, global development.
Drawing a roadmap to a low-emitting society
The 3C Initiative is committed to 9 overall principles. We have drawn the following conclusions regarding how to combat climate change:
1. A switch-over to a low emitting economy is a necessity
2. A global solution is needed
3. A common, global goal limiting climate changes is needed
4. Greenhouse gas emissions must have a global price
5. A well laid-out combination of short- and long-term actions is needed
6. No options should be excluded
7. A global emissions market is needed
8. The developed countries must lead the way and the developing countries should follow as soon as they are able
9. Fair and sustainable global burden-sharing must be reached
The goal is to underline the need for urgent action by the global community and to influence the post-Kyoto process by demanding a global framework supporting a market based solution to the climate change issue. This can be achieved by getting as many companies as possible aboard and by getting our common platform well known and well understood.
Coordination and ownership
Vattenfall is responsible for coordinating the initiative. Other companies are invited to take part. The initiative stems from Vattenfall’s proposal for a low carbon emitting society “Curbing Climate Change”.
Relations to other initiatives and organisations
Many of the companies signing the 3C Initiative also take part in other activities on climate change such as the World Economic Forum’s G8 Climate Change Roundtable and various Trade Associations’ initiatives.
Head of Climate Policy Vattenfall AB