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The World Business Summit on Climate Change was convened by the Copenhagen Climate Council in cooperation with the UN Global Compact, the World Economic Forum, the World Business Council for Sustainable Development, The Climate Group, and the 3C initiative.
The summit brought together 650 business leaders with the world's top scientists, economists, civil society representatives, media leaders and government officials.
Speaking at the Summit’s opening, UN Secretary-General Ban Ki-moon called for Greening the Global Economy, Encouraged Pro-Climate Advocacy by Business and urged business leaders to push for a fair and effective global climate change agreement in Copenhagen this December.
In a Copenhagen Call (pdf) issued on the closing day of the World Business Summit on Climate Change, participating businesses announced that a new global climate treaty must set bold targets for emissions reductions by 2020 and 2050, limiting the global average rise in temperature to a maximum of two degrees Celsius compared to pre-industrial levels. The statement calls for immediate and substantial action leading to an abatement of around 17Gt by 2020.