- Category: G20 advisory Group
Paris, 13 May 2013
The G20 is responding to business concerns, but needs to further improve its performance in order to maintain momentum in the global economic recovery, according to a new report from the International Chamber of Commerce (ICC).
Produced halfway through the current Russian G20 Presidency, the second annual ICC G20 Business Scorecard assesses four policy areas that the ICC G20 Advisory Group considers priorities for G20 attention: trade and investment, financing for growth and development, energy and environment, and anti-corruption.
Overall, the Scorecard rates G20 responsiveness to business priorities as ‘fair’, indicating that G20 leaders are making progress but at a somewhat protracted pace. This is an improvement on the score from the 2012 Scorecard, which rated overall progress as ‘poor’.
The Scorecard – which examines developments on business recommendations through to the end of the 2012 Mexican G20 Presidency – measures progress on business priorities on a scale of: ‘inadequate’, ‘poor’, ‘fair’ or ‘good’. It indicates that progress has been steady but limited, partially due to an unavoidable but distracting focus on responding to the on-going Eurozone crisis.
- Category: Newsletter
the Belgian committee of the International Chamber of Commerce
Business pushes for less complexity in international trade
A few days ago I attended the ICC World conference. The pressing need for major steps forward in trade negotiations was at the centre of the debates. A one day trade summit focused on the intergovernmental trade talks in Bali in December. For 12 years the (in)famous Doha round failed to yield any results. While there may be plenty of reasons for that failure which have to do with domestic politics, it is broadly considered a shame that, especially in the current difficult period, we are missing such an opportunity to boost growth without significant public spending and without printing money.
- Category: Environment & Energy
Paris, 09 April 2013
Speaking to participants at a Paris forum to address resource-efficient productivity, ICC Secretary General Jean-Guy Carrier emphasized that trade and investment can serve as global accelerators of green growth provided that governments work cooperatively to establish the right frameworks for business to operate.
The Paris forum, organized by the United Nations Industrial Development Organization (UNIDO), the French Agency for Development (AFD) and the United Nations Environment Program (UNEP), brought world leaders and key actors together to engage in a dynamic and important debate on the need for a shift away from labour- and resource-intensive production.
At a related event in Paris, Louise Kantrow, ICC Permanent Representative to the United Nations, attended the first Advisory Board meeting of UNIDO’s Green Industry Platform which took place on 3 April. Launched in 2012 during the Rio+20 Conference, the platform is a global high-level, multistakeholder partnership intended to act as a forum to mobilize and mainstream action on green industry around the world. It assists countries and companies in greening the manufacturing process and creating green industries for the production of goods and services for domestic use or export.