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UN Global Compact Office Executive Director Highlights Merits of a “Green Deal”

UN Global Compact= 17 December 2008: During a press conference at UN Headquarters in New York, US, George Kell, Executive Director of the UN Global Compact Office, noted that businesses worldwide are recognizing that social and environmental governance issues are essential for long-term profitability.

He said there is no clear way for how to provide access to over one

billion people who lack potable water and reduce carbon dioxide

emissions by 80%. He stressed the need for a fundamental socioeconomic

change and “the full engagement of the private sector,” noting the

merits of a “green deal” combining stimulus packages with environmental

conservation. Kell underlined that over 300 members of the “Caring for

Climate” initiative have focused on business solutions to climate

change in a post-2012 policy framework.  [UN Press Release] [UN Secretary-General's Statement]