Last year, the Chamber Network ran a very successful Climate Challenge campaign to support COP26, which was held in Glasgow.
The 27th UN Climate Change Conference, taking place in Sharm El Sheikh, Egypt from 6 – 18 November 2022 was a key date for the international community to once again come together and set out how to meet the Climate Challenge as a planet.
The BCC and the Chamber Network were represented at COP27. This section showcases the engagement and activities which took place across the Chamber Network ahead of and during the Conference.
The Egyptian-British Chamber of Commerce (EBCC) organised two-day Business Forum on 9 and 10 November, supported by Department of International Trade (DIT).
The forum welcomed a business mission from BCC and Glasgow Chamber of Commerce to create opportunities for British businesses and to develop leads and partnerships with other UK, Egyptian and international companies.
The forum featured:
This was a unique opportunity for the Chambers Network to come together to discuss the challenges of the future. ‘Chambers unite for a greener future’, our global campaign which we launched last year, has united our Chamber Network.
BCC's Director General Shevaun Haviland and BCC Chair Sarah Howard were in Sharm El Sheikh, Egypt for COP27.
Chambers from across our Network currently who attended COP27 include:
Glasgow Climate Chamber is a sustainability movement designed to provide members with the most up to date information and position Glasgow as a leading city in the development of the green and wider circular economy.
The ICC Make Climate Action Everyone’s Business Forum – a hybrid event broadcasted from the COP27 Blue Zone – presented expertise from more than 70 organisations representing the global business community, forward-thinking governments and international partners. Climate leaders from every country were invited to interface with their predecessors, peers and voices of the future to align for twelve days of high-quality engagement.
Reacting to today’s interest rate decision by the Shevaun Haviland, Director General of the British Chambers of Commerce said: “Businesses will be giving a cautious welcome to today’s decision by the Bank of England to hold the base rate at 5.25%. Constant hikes in the cost-of-borrowing have had a hugely detrimental impact on the firms we represent. "
If we are to meet the challenge of making the UK Net Zero by 2050 then we must have pragmatic goals, that business can be confident they will be supported to reach. Companies want to address climate change but cannot plan for future investment if the sands keep shifting.
Campaigners, including the BCC, have worked for years to have the Electronic Trade Documents Act passed, and its introduction is a huge milestone.
Today’s CPI rate of 6.7%, while proving stubborn, shows that inflation is continuing to gradually ease off. Producer price inflation (PPI) fell by 2.3%. This should give the Bank of England pause for thought with the interest rate decision tomorrow.
