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Business and Climate Policy

The Potentials and Pitfalls of Private Voluntary Programs

image of Business and Climate Policy
Climate change has become one of the most important and challenging global policy fields. Attention has primarily focused on the successes and failures of states and intergovernmental organizations but many more actors are involved and contribute solutions. The contributions to this book assess the different potentials of existing schemes. They scrutinize how very different programs at national and international levels seek to marry complex public and private goals in and across industries addressing wide groups of firms. Lessons from these programs can help design and improve programs but they also show different types of pitfalls. Lessons learned are relevant not only for climate policy, but for the many other policy fields where private voluntary programs are active.

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Conclusions

Climate issues have come to the fore of global politics, with private voluntary programs occupying an intriguing, yet unsettled, role. Indeed, these schemes are unfolding at a time when the rules guiding climate policy and its institutions are in the critical stages of being established and reformed at the intergovernmental level, and when transformations are taking place in the business community, slowly and hesitantly giving more substance to climate-friendly strategies. Alongside these processes an array of civil society initiatives highlights the importance of halting climate change both in big politics and in the everyday life of citizens. In addition, assessments and predictions from a cross-disciplinary landscape of scientists are pointing to the urgency of timely strategies and the need for new and robust mechanisms to monitor rules and enhance compliance.

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