New And Improved Paris Climate Talks Will Feature Corporate Sponsorships - IKEA, Air France, More
PARIS: France today unveiled a list of companies which will sponsor the year-end UN climate talks in Paris, sparking accusations of corporate "greenwashing" from campaigners.
Twenty percent of the 170 million euro (USD 185-million) cost of the November 30 to December 11 conference will come from the private sector, a senior foreign ministry official said.
Pierre-Henri Guignard, who is responsible for organising the event, identified 20 firms in the first batch of sponsors. They include French energy companies Engie and EDF, BNP Paribas bank, Renault Nissan, Air France, insurance giant Axa, luxury goods maker LVMH as well as IKEA of Sweden and Italian insurance company Generali.
The conference "will be financed by French champions of pollution," Oxfam France complained. It pointed the finger at what it called "greenwashing" by companies involved in coal-fired energy or the financing of it.
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http://economictimes.indiatimes.com/news/international/world-news/corporate-sponsorship-of-un-climate-talks-sparks-ngo-ire/articleshow/47448649.cms