Global business dismayed by no agreement on missing element of Paris Agreement
ICC Albania2019-12-21T19:26:54+02:0015 December 2019 Climate negotiations concluded today in Madrid, leaving global business deeply disappointed that a deal could not be reached on Article 6 of the Paris Agreement. The negotiations – COP25 – marked the longest in history. Yet despite progress on many agenda items – including gender; oceans; land; loss and damages; adaptation; and response measures – governments failed to match the ambitions of business and other stakeholders regarding the operationalisation of “Article 6” of the Paris Agreement, a crucial missing element of the so-called “Paris Rulebook” agreed at COP24 in Katowice, Poland a year ago. Majda Dabaghi, ICC’s Director of