Climate Change Initiative

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Global warming.jpg This article is part of the Climate project of Spinwatch.

The World Economic Forum's Climate Change Initiatives, run by the World Economic Forum's Environment Team, are an offshoot of the Gleneagles Dialogue on Climate Change, formed at the 2009 World Economic Forum at the request of Gordon Brown. [1]

The initiatives claim to 'help build multistakeholder partnerships between private, public and non-governmental actors to contribute to the environment-related Millennium Development Goals'. They appear to set up and oversee a number of 'task forces' which promote market solutions to climate change. In particular the 'Low Carbon Economic Prosperity' group describes itself as a task force of 'over 80 global companies and over 40 scientific experts and organizations' aiming to stimulate a 'clean revolution' within a 'high-growth and low carbon economy'. [2]. They push for market based solutions to climate change which stimulate economic growth, and the importance of industry-led policies.

See Gleneagles Dialogue on Climate Change for more.

Low Carbon Economic Prosperity Task Force

According to the World Economic Forum's website in January 2010, this appears to be the only active element of the Climate Change Initiative.

Members of the task force are almost entirely corporations or their lobby groups, carbon market investors and some academics and UN agencies. Several corporations are very well represented on the group, in particular Clifford Chance and Cisco who are partner companies and have several reps each in the 'experts and organisations'.

Partner Companies

The task force is made up of more than 80 global companies, mostly in energy intensive industry:

Abercrombie & Kent Group of Companies | ABB | Accenture | Agility | Airbus SAS | Akamai Technologies | Alcatel-Lucent | Alcoa | AmecPlc. | Applied Materials | Arup | AT&T | Autodesk | Bank of America Merrill Lynch | Barclays | BASFSE | Basic Element | Bayer | BC Hydro | Booz and Company | BP | BT Group | Bunge | Cantor Fitzgerald | Carlson | China Mobile Communications Corporation | Cisco | Citi | Clifford Chance | Credit Suisse | Deutsche Bank | Deutsche Telekom | Deutsche Post | Dow Europe | Duke Energy | EMCCorporation | Eskom | Etihad Airways | Evonik | FluorCorporation | GDF Suez | General Electric Company | Good Energies | Google | HCL Technologies | Hindustan Construction Company | HSBC Holdings | IHS Inc.49. Infosys Technologies | Intel Corporation | Jet Airways | JSC RusHydro | Jubilant Organosys | McKinsey and Company | Microsoft Corporation | Mitsubishi Chemical | NASDAQ | NetJets Europe | Nike | Novozymes | PricewaterhouseCoopers | Qualcomm | Reliance Industries | Rio Tinto | Rolls Royce | Royal DSM NV | Royal Dutch Shell | SAS Institute | Siemens | Standard Chartered Bank | Swiss Reinsurance Company | ThomsonReuters | TNT | Unilever | United Overseas Bank | UPS | Vantage Point | Vattenfall | Vestas Wind Systems | WPP | Xenel | Zurich Financial [3]

Experts and Organizations

There are 40 'experts and organizations', largely representing corporations, investment firms and emissions trading lobbies (including the other major groups with very similar corporate membership), with some academics. There is only one representative from an environmental NGO.


  1. WEF Climate Change Initiative "World Economic Forum Initiatives" Accessed 09/11/09
  2. WEF Climate Change Initiatives "World Economic Forum Climate Change page" Accessed 09/11/09
  3. World Economic Forum Climate Change Initiative, low carbon Economic Prosperity task force Participants Accessed 22/01/10
  4. World Economic Forum Climate Change Initiative, low carbon Economic Prosperity task force Participants Accessed 22/01/10