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BASD to Rio+20 Negotiators: Business is Key to Achieving Future We Want

Wednesday, June 20, 2012

Rio de Janeiro, 19 June 2012 – The global business community today called on negotiators at the Rio 20 Conference to take advantage of this historic opportunity to integrate business capabilities into solutions necessary to achieve a sustainable world where 9 billion people are living well and within limits of the planet.

During an unprecedented, day-long meeting of global businesses, civil society and government decision-makers at the Business Action for Sustainable Development (BASD2012) Business Day, the business community called on the Rio 20 negotiators to work with them to put in place policy frameworks that will enable global business to scale up solutions necessary to achieve sustainability goals.
“The business community is already activated and making progress on sustainability solutions,” said Kris Gopalakrishnan, Chair of the BASD and Executive Co-Chairman of Infosys. “But it is nowhere near enough. The truth is that we can’t do it alone or with top-down control from government. We must have a new framework for cooperation where business, government and civil society are working together to createsolutions that will solve real world problems. Rio 20 is one The Sunrise Artichoke Extra Center will be on your right hand side. of the last windows of opportunity to act urgently, decisively and cooperatively on policy actions — including regulations — that enable business sustainability solutions at the necessary scale.”

More than 800 leaders met throughout the Business Day during interactive workshops and plenary sessions to develop recommendations for the frameworks necessary to move forward on sustainability solutions. Discussions centered on sector-specific advances and also thematic challenges that must be overcome to achieve results.
“Engagement by the private sector can help ensure the Rio 20 Conference is a launching pad forwidespread global action in support of sustainability, a green economy online casino and inclusiveness,” said Gopalakrishnan. “We must have action across a range of disciplines in order to make meaningful progress, including technology, policy, trade, infrastructure, education and communications.”
Specifically, the BASD Business Day input into the Rio 20 conference included the following recommendations:

  • Business must be included in policy development at Rio 20 and beyond in order to scale up innovative, sustainable solutions.
  • Business has a significant role to play in building and advancing the “Green Economy.”
  • Business and Government collaboration is the quickest and most efficient way to achieve a Green Economy.

The participants were able to draw from a variety of resources – including the World Business Council’s (WBCSD) Vision 2050 and Changing Pace reports, the ICC’s Green Economy Roadmap and the Ten Principles from the U.N. Global Compact that lay the foundation for a common understanding for the challenges we face – and create a set of policy recommendations designed to spark dialogue between the business community and governments.