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Summary report Foreword 3ForewordThe World Business Summit on Climate Change wasconvened in Copenhagen from 24-26 May at the samevenue that will host the COP15 in December this year.Over the course of three days, global leaders frombusiness, policy, civil society, and science, all engagedin dialogue on the road to a low-carbon future and therecommendations for an ambitious new climate changeframework.They heard from the United Nations Secretary-Generalon the need for business engagement and leadership;former U.S. Vice-President Al Gore on the critical importanceof an effective climate treaty and business leadersfrom more than 40 countries.The key objective of the World Business Summit on ClimateChange was to contribute input to the work of theDanish government and the United Nations negotiationsentering their final phase before COP15 in December. Atthe culmination of the Summit, the Copenhagen Callwas presented to Danish Prime Minister Lars Løkke Rasmussenby Copenhagen Climate Councilors and seniorbusiness representatives at the Summit.This statement is an unequivocal call for a more effectiveand ambitious global climate treaty. It was informedby work at the Summit and the contributions of thosepartners who supported the event: the World EconomicForum Climate Change Initiative; the World BusinessCouncil for Sustainable Development; the United NationsGlobal Compact; the Climate Group and 3C.What we take from this Summit is a positive commitmentto action. It is clear to all that the world is in themidst of a global recession. But having been part of discussionsduring the three days in Copenhagen, amongleaders within oil, energy, transportation, green tech,ICT and many other industries, our hopes are high. Weare optimistic. From deliberations at the Summit, andthe clarity of the Copenhagen Call, it is clear that globalleaders want change and are ready to deliver what isrequired.Our hope is that global political leaders will demonstratethe same leadership as global business leaders did on24-26 May in Copenhagen.Business leadership on climate change is vital, becausepoliticians listen to those agents that create wealth andvalue. And vital because if we are going to reduce emissionsand get the carbon cycle back into some kind ofbalance, those agents must create wealth and value inways that do not result in carbon pollution.Tim FlanneryChairAuthor and scientistErik RasmussenFounderEditor-in-Chief and CEO,Monday MorningThe Copenhagen Climate Council is a global collaboration between international business and science founded by the leading independent thinktank in Scandinavia, Monday Morning. The members of the Copenhagen Climate Council have come together to create global awareness of theimportance of the UN Climate Change Conference, in Copenhagen, in December 2009.