Thu, Feb 22, 2007 - Page 4 News List

World business leaders call for action on climate change with formal statement

AP , NEW YORK

The leaders of several worldwide corporations -- including General Electric, Volvo and Air France -- called Tuesday for prompt, decisive action on climate change created by the emission of greenhouse gases and carbon dioxide.

Nearly 100 companies followed a meeting at Columbia University by endorsing a formal statement to fight for clean energy and against climate change caused by people and businesses. The companies are members of the Global Roundtable on Climate Change, formed in 2004 to explore issues critical to shaping public and industry policy on climate change.

The statement by the international business community seeks to lay out a framework for global action to mitigate the impact of human-made climate change without adversely affecting energy and economic growth, according to Sachs, who also spoke at the UN on Friday.

The business leaders hoped that a permanent plan could be in place by 2012.

"Climate change is an urgent problem that requires global action ... in a time frame that minimizes the risk of serious human impact on the Earth's natural systems," the joint statement said.

The document also calls on governments to set scientifically informed targets for reduced global emissions and concentrations of carbon dioxide and greenhouse gases and to take immediate action in pursuit of those targets.

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