Organisation Name
Confederation of British Industry (CBI)
InfluenceMap Query
Climate Science Stance
Data Source
Main Web Site
 
 

Score for this Data / Query Cell

2.0

InfluenceMap has researched and collated the following pieces of evidence associated with the data source and query indicated above. Extraordinary information is indicated by a coloured flag in the upper right corner. Evidence items in order of data inputted with exceptional items first.

 

Consistent with IPCC need for drastic action

InfluenceMap Comment:

Recognizing need for urgent action to combat climate change (CBI director-general, John Cridland, Corporate Website, September 2015)

Extract from Source:

[...] today’s global challenges like climate change don’t carry passports. And they certainly don’t stop politely at national borders. With the UK responsible for 1% of global greenhouse gases – and the EU making up 11% - we’ll certainly need to do our bit. [...] So first-off, why does business care about this? Well, as any CEO will tell you – making decisions is all about weighing up the ‘costs’ and ‘benefits’. On climate change, both the ‘costs’ of doing nothing and the ‘benefits’ of seizing the business opportunity are clear. [...] What happens if we stick our heads in the sand and just hope it all goes away? Well, the ‘costs’ are as clear as they are catastrophic. For businesses, the ‘value at risk’ costs could exceed four and a half trillion pounds by the end of the century. [...] But besides the ‘costs’ of inaction, the ‘benefits’ of seizing the opportunity and growing the green economy are also clear. We know the UK’s green economy has sales of over 120 billion pounds a year.

Created: 27/11/2015 Last edited: 15/03/2017

 

Consistent with IPCC need for drastic action

InfluenceMap Comment:

Recognizing need for urgent action to combat climate change (Delivering Prosperity Report, September 2016)

Extract from Source:

Having legislated for the Fifth Carbon Budget, business is set to work with government to develop an ambitious but credible Emissions Reduction Plan that reduces greenhouse gas emissions, works for all businesses, and drives investment. Protecting the environment and delivering the dramatic emissions reductions needed in the next decade will mean greater attention will need to be given to areas like low-carbon transport and heat.

Created: 16/03/2017 Last edited: 16/03/2017

 

Consistent with IPCC need for drastic action

InfluenceMap Comment:

Recognizing need for urgent action to combat climate change (Stepping up the Challenge Report, February 2017)

Extract from Source:

While progress in decarbonising our economy has been strong to date, our high ambitions mean that there is much further to go. The Paris Agreement set the bar for global climate action, while domestically, the now legislated 5th Carbon Budget requires emissions cuts of 57% on 1990 levels by 2030 – equivalent to cutting all carbon from the transport and agriculture sectors combined. Yet despite these commitments, a series of policy changes and lack of long-term certainty has undermined confidence – and indeed momentum – in the low-carbon transition at a time when global competition is strong (Exhibit A). The UK ranked 14th in its attractiveness to renewables investors in 2016, down six places in just 2 years. With our international competitors, particularly those in emerging markets like China and India, forging ahead to grow their share of the global low-carbon market, it is crucial that the UK raises its game in order to keep pace. [...] Global outlook: As the UK leaves the EU, it is important that we continue to maintain global efforts towards tackling climate change, maintaining our commitment to the Paris Agreement and progress efforts towards joined up carbon pricing schemes.

Created: 17/03/2017 Last edited: 17/03/2017