NEW YORK, 23 September 2019 – LI Yong, the Director General of the United Nations Industrial Development Organization (UNIDO), took part in the high-level Private Sector Forum organized by the UN Global Compact in collaboration with numerous partners, including UNIDO.
Hosted by UN Secretary-General António Guterres, this year’s Private Sector Forum titled ‘Commitments for a 1.5°C Degree Future - Making Ambition Loops Work’ provided businesses with the opportunity to make commitments to contribute to the global sustainability agenda, by challenging the private sector to demonstrate climate change actions and solutions; analyze progress underway; and foster public-private partnerships.
UNIDO is one of the co-signatories to the "Business Ambition for 1.5 °C- Our Only Future" campaign. The campaign calls businesses to set science-based targets with limiting global temperature rise to 1.5 °C above pre-industrial levels. To limit the worst impacts of climate change, UNIDO is committed to work with the private sector to make industry more resource and energy efficient for sustainability.
The event featured elevator pitches of three young entrepreneurs on their climate solutions, in line with the Paris Agreement and the Sustainable Development Goals. Furthermore, the event witnessed an interactive, inter-generational polling on climate solutions followed by a moderated multi-sectoral dialogue on the voting results.
The Private Sector Forum, which also served as the high-level luncheon of the Secretary-General’s Climate Action Summit, gathered more than 350 high-level participants including CEOs; Heads of States and Governments; Heads of UN Agencies, Funds and Programmes; Heads of civil society organizations, business associations and foundations; young entrepreneurs; and Heads of investor groups.
Photo credit: UN Global Compact.
For more information, please contact:
UNIDO Department of Partnerships