ICC offices involved
ICC International Trade & Prosperity Week
ICC ITPW is our flagship event of the year and takes place from 18th – 22nd October 2021 and this year’s theme is Resetting the Global Economy. By focussing on practical global case studies and initiatives, we will share international best practices with the aim of providing a set of practical policy takeaways that will be promoted widely and fed into our policy forums at the UN, WTO and G20.
DAY 1 – Trade Priorities, Trends & Analysis
DAY 2 – Climate Action & Sustainable Growth
DAY 3 – Digital Trade
DAY 4 – Human Rights, Tackling the Trade Finance Gap & Cybersecurity
DAY 5 – ICC Global Alliance Day – webinars hosted by the ICC global community
The International Chamber of Commerce (ICC) is unique in that we bring together the global perspective and are the only business organisation with UN Observer Status, B20 Co-founder/Network Partner, strategic partner to the WTO, UNFCCC business focal point for climate change and convener of the UN SDG Business Forum.
- International audience and speakers bringing you insights from across the world
- Opportunity to network in advance of the event using our new virtual platform
- Create your own agenda, select the webinars most relevant to you and make global connections
The world’s economy is at a critical juncture.
We must ensure continued policy support is given to help reset the global economy.
Now more than ever, we need greater collaboration and co-ordination across global institutions, governments, policy makers and business to help minimise disruption and utilise this challenging time to rebuild a more inclusive, sustainable and greener economy.
ICC ITPW 2021 specifically addresses “how” companies, organisations and governments are implementing solutions that deliver more inclusive, sustainable and greener outcomes to build back better.
18th – 22ND October 2021
11+ webinars | 5 days | 50+ international speakers
09:00 to 10:20 BST/UK TIME
Paul Drechsler CBE Chairman, ICC United Kingdom
2020 was a year of unparalleled economical and political unrest and 2021 is seeing continued global disruption to businesses, and society in general. As a consequence, businesses have felt the need to take a more robust and longer-term strategy to tackle crisis management and business continuity. Given the imperative for coordinated recovery efforts, are things finally looking positive, or have the recent political changes fuelled more uncertainties to the global landscape?
Our esteemed panel will unveil the latest global statistics and will discuss how boardrooms are looking to reset the international trading landscape and identifying key priorities to build back better.
Vindi Banga, Partner, Clayton, Dubillier & Rice (CD&R) and ICC United Kingdom Board Member
Yu Jianlong, Co-Chair,B20 Task Force for Trade & Investment and Secretary General, ICC China
14:00 to 15:15 BST/UK TIME
According to the IMF, the global economy shrunk by an estimated 4.4% in 2020 and the WTO has cited a drop of nearly 9% in international trade for the same period. Furthermore, a study commissioned by the ICC Research Foundation found that the global economy stands to lose as much as $9.2 trillion if emerging markets fail to gain access to COVID-19 vaccines.
Moving forward, a pragmatic strategy that balances the public health imperative with the economic and social pressures is needed to enable local businesses to operate sustainably in the short-term and make economies more resilient and flexible over the long-term. The private sector has a critical role to play in helping to mitigate both the spread of infection and the economic impact of closings and restrictions.
This session looks at how countries and businesses are operating on a global level in a mixed economy to keep international trade moving. How do we reset the global economy, combat climate change, and keep trade open, whilst still trying to manage a global pandemic?
What challenges and opportunities do we face, what practical solutions are businesses adopting and how are policy makers helping?
14:20 – 15:05 | PANEL DISCUSSION
- Insights and updates from WHO
- Tackling vaccine nationalism/protecting global value chains
- The future of the workplace and international movement of people
- Changes to consumer behaviour and how this has impacted future business models
09:00 to 10:15 BST/UK TIME
Climate change represents an urgent and potentially irreversible threat to human societies and the planet. In recognition of this, the overwhelming majority of countries around the world adopted the Paris Agreement, the central aim of which includes pursuing efforts to limit global temperature rise to 1.5°C.
While transition to a greener economy means a vast business opportunity, it requires not only coherent policy frameworks, but also innovative sectoral approaches. Eco-Innovation, which incorporates green growth and sustainable development into knowledge-based innovation, is at the heart of green transition for businesses across different sectors. Previous researches have shown a positive correlation between eco-innovations, and energy efficiency, productivity and business opportunities.
In light of UK presiding the 26th annual UN Conference of Parties (COP26), this session shall discuss corporate net-zero ambitions and how governments are making the transition from oil and gas-based economies to low carbon. It will discuss transition risk and how innovative solutions are enabling businesses to reach this goal. Insights from corporate case studies that focus on:
- Hydrogen Economy
- Electrical Vehicles
- Carbon Capture and Storage
Anna Maria Rugarli Corporate Sustainability Vice President, JTI
Niklas Gustafsson, Head of Public Policy and Regulatory Affairs, AB Volvo
14:00 to 15:15 BST/UK TIME
As the world reflects on progress on climate action since the Paris Agreement signing, it is clear that action by small and medium-sized companies (SMEs) is an essential part of accelerating the transition to a net-zero emissions global economy.
Despite making up approximately 90% of business worldwide and employing over two billion people, SMEs have been largely underserved by climate action initiatives to date. Ahead of the next round of climate negotiations (COP26), SMEs from around the world are being encouraged to make the SME Climate Commitment to both show leadership on climate action and benefit directly from a more sustainable business strategy.
This session will discuss practical tools and solution made available to SMEs, supporting their transition to a low carbon economy.
Catherine Westoby Senior Policy Advisor, Public Engagement and Behaviour Change on Net Zero at the Department for Business, Energy and Industrial Strategy
Wouter Staal CEO, Yoghurt Barn
Victor Dosoretz CEO, Mantra Group and ICC Small Business Champion
Gabrielle Giner Head of Environmental Sustainability, BT and Chair, United Nations Framework Convention on Climate Change Momentum for Change Advisory Panel
11:00 to 12:15 BST/UK TIME
By 2030 the population of Africa will have outstripped both the Indian population and the Chinese population, but, more importantly, the UN estimates that more young people will be graduating from secondary or tertiary education in Africa that the rest of the world combined.
The African continent therefore requires a combined effort by both politicians and business to provide jobs for these young. We believe that the digital economy will become the driver for Africa over the next decade. Digital Trade should hold the key to unparalleled development and prosperity. But if business and opinion formers fail to understand and act, not only Africa but also the global economy will suffer.
This session will discuss what needs to be done to ensure Africa develops digital trade to bring trade and prosperity.
11:00 to 12:30 BST/UK TIME
This is an invite only, closed door roundtable with key decision makers to plan the scaling up of legal reforms worldwide in 2022. The content of discussion will cover progress to date, the findings of newly published business cases, opportunities and barriers to scale up and next steps.
Craig Burchell Senior Vice President Global Affairs, Huawei
Carlos López Blanco Chair, ICC HQ Commission on Digital Economy
Emmanuelle Butaud-Stubbs Délégué Général, ICC France
Oliver Wieck Secretary General, ICC Germany
Dr. Rebecca Harding CEO, Coriolis Technologies
14:00 to 15:15 BST/UK TIME
CONNECTING THE TRADE ECOSYSTEM
Reducing friction and having a common set of standards is vital to keep international trade moving and ensuring costs are managed. With the rise in the number of different technology providers, making sure platforms speak the same “language” will in turn help drive the shift to digital trade.
However, whilst interoperability is essential, adoption is key.
In this session our digital experts will discuss the following:
- WHAT tools for standardisation exist?
- WHAT is the DCSA EBL? Who is it for and how can it help?
- HOW is the ICC Digital Standard Initiative tackling the digital divide, interoperability and ensuring a standardised international approach?
- HOW do we ensure standard adoption?
- WHAT is preventing organisations from using the existing standards available to them?
- WHO are the worst and best adopters? WHAT does this tell us?
Steven Beck Head of Trade & Supply Chain Finance, Asian Development Bank
Carl Wegner CEO, Contour
09:00 to 10:15 BST/UK TIME
ICC was closely involved in the elaboration of the United Nations Guiding Principles on Business and Human Rights (UNGPs), and supported their endorsement by the Human Rights Council on 16 June 2011. ICC believes that the UNGPs represent a transformational, and inspirational, roadmap –and has promoted the government implementation of the UNGPs by calling for the development of robust national action plans. ICC has also actively supported its members to scale up business implementation of the UNGPs.
It now seems clear that the main area of focus internationally, and in individual jurisdictions, is on developing additional measures to further the implementation of the UNGPs through a “smart mix of measures”, including mandatory measures on human rights due diligence. This is reflected in the steady spread of a “patchwork” of mandatory measures, or a “smart mix” of mandatory and voluntary measures, in a number of jurisdictions.
This “patchwork” of measures has the potential to create increasing uncertainty for business and risks creating an uneven playing field for operations. A number of leading businesses and business sectoral coalitions are actively supporting some sort of mandatory due diligence measures with the objective that such measures would promote greater consistency and a level playing field. However, many others –especially SMEs -have concerns, such as the burden of additional regulatory requirements and the extent of liability. Greater business engagement in shaping future legislative measures, in sharing global best practice, and in providing support for SMEs is required.
16 June 2021 marked the tenth anniversary of the UNGPs. This panel will discuss the challenges and opportunities for the next decade of implementation of the UNGPs.
Tom Smith Director Global Government Affairs, Walmart
Moira Thompson Oliver Business & Human Rights Expert, Vodafone
Marcela Manubens Global VP Integrated Social Sustainability – Board Member, Unilever
Phil Bloomer Business and Human Rights Resource Centre
14:00 to 15:15 BST/UK TIME
During the pandemic, the trade finance gap has ballooned to $3-5 trillion yet SMEs are expected to remain highly reliant on short-term loans and working capital facilities to remain solvent as the global economy recovers from the pandemic. At the same time financial institutions are swimming under an unsustainable mountain of red tape despite trade finance being a low to zero risk activity with SME onboarding and paperwork costs now in excess of $60-80,000.
This session looks at the opportunity to disentangle the red tape, de-couple trade finance from other forms of high risk finance and make the case for regulatory reform and unlock fresh economic growth.
Areas of discussion will include:
- The opportunity for regulatory innovation to deliver a sustainable solution
- The role of the UK as a centre of global trade finance and G7 host
- The costs and benefits of reform and implications for global growth
- Best practice practical solutions to support SMEs
Marc Auboin Economic Research Counsellor, WTO
Jesse Chenard CEO, MonetaGo
Kristofer Tremaine CEO and Founder, Kimura Capital
16:00 to 17:15 BST/UK TIME
As internet usage increases, concerns in the digital ecosystem security arise, for both end-users and companies, as the increased amount of data increases the opportunities available for attack. Furthermore, 2020 saw a significant rise in cyber-incidents, including an increasing number of nation-state attacks. These incidents included attacks not just on businesses, but also against hospitals and other healthcare infrastructure amid an ongoing pandemic.
COVID has also meant an increase in the number of people connecting from home and leveraging digital tools for remote private and work purposes, therefore raising the threat posed by cybercriminals through teleconferencing and teleworking.
As a consequence, it is vital that we have multilateral dialogue between Governments, international organizations, and businesses to ensure governments collaborate on implementing existing UN General Assembly agreed norms on state behaviour. At the same time, stakeholders need to collaborate on basic security infrastructure – domestic laws and best practices so that these stakeholders can effectively improve trust online and ensure bad actors are deterred and caught, especially in transboundary incidents.
This session helps define what industry needs from governments, as well as how industry can collaborate with governments on solutions that are actually effective in daily business operations. It addresses the practical policies surrounding critical infrastructure that corporations need countries to adopt to drive the cybersecurity agenda forward and establish a cyber-secure environment.
Craig McEwen CISO, Anglo American
kaja Ciglic Senior Director, Digital Diplomacy, Microsoft
(webinars hosted by the ICC global community)
09:00 to 10:00 BST/UK TIME
The WTO (together with its predecessor GATT) has been in situ since the end of the Second World War, regulating trade, global relations and resolving disputes on the movement of goods and services. However, the current global market environment has made trade liberalisation less of a priority among many countries, threatening the sustainability of the WTO. In an act of thought leadership, the foremost network of business groups from the Asia Pacific has commissioned renowned macroeconomist Dr Andrew Stoeckel to author a study on resurrecting the world trading system.
Following completion of this study, the Confederation of Asia-Pacific Chambers of Commerce and Industry (CACCI) will deliver an evidence-based argument and plan for reforming the World Trade Organisation (WTO) as well as the relationships with the major global intergovernmental institutions. CACCI President Samir Modi confirmed “It is an opportune time to examine how the world trading system has deteriorated to its current state, and what can be done to remedy the situation. Many countries are more concerned with national security and economic self-interests, leading to a rise in nationalism and protectionism regionally and globally. And, given the growing trend to pursue bilateral economic relationships among many countries, the prevailing circumstances are expected to have further adverse impact on multilateral relationships.”
Join us for a discussion of this flagship project, managed by the Australian Chamber of Commerce and Industry (ACCI) on behalf of CACCI, to address current shortcomings in the system and recommend a path back for the WTO in time for consideration by the next WTO Ministerial Council.
11:00 to 12:00 BST/UK TIME
COVID-19 has exacerbated the need to rely on effective coordination between governments all around the world with Business Representative Organisations and Trade Associations to support the national and international responses to coronavirus. The coordination of businesses with health officials has been essential to share timely and accurate information in order to develop appropriate responses. At global level, the International Chamber of Commerce (ICC) has demonstrated leadership to ensure that the latest, most reliable information and tailored guidance reaches the global business community.
With all businesses having a key role to play in minimising the likelihood of transmission and impact on society, the network of 90+ ICC National Committees has had a key role to share information with businesses that helps them adopting health best practices but also to support them maintain business operations. However, reaching local businesses is a matter of coordination with the organisations that are the closest to the local businesses of all sizes, often the local Chambers of Commerce.
Leveraging on decades of cooperation, some independent ICC National Committees have built with the local Chambers of Commerce a mutually beneficial relation that focuses on providing businesses with the most relevant and cutting-edge information that helps them trade safely abroad, but also adapt to the new social and economic circumstances the pandemic is creating.
Joining forces between Chambers of Commerce and ICC NC’s to support internationally active companies is more essential than ever, because beyond the pandemic, companies of all sizes also face the consequences of a number of geopolitical tensions, as well as the preparation of their business model for the requirements of the transition to a carbon-free economy. Both ICC dispute resolution services, rules and standards, as well as other services and products, can help secure local Chambers’ members growth in a meaningful way.
This session will provide insights on:
- the identification of the role of an ICC National Committee in the landscape of the local Chamber of Commerce,
- the support that local Chambers of commerce can provide for the dissemination of key ICC services and products,
- how that complementarity of an ICC National Committee and the local Chambers of Commerce benefits the local economy
- why this can strengthen the voice of the private sector to be more accountable and respond locally to global challenges. Engaging with Chambers – Best Practice Advise
14:00 to 15:00 BST/UK TIME
Climate Action & Sustainable Growth – GLOBAL ALLIANCE DAY WEBINAR – Focus on Latin America
Micro, small and medium-sized enterprises (MSMEs) a key partner to achieve an economy-wide transition to net zero in the Latin America Region
MSMEs are a key player for the achievement of Sustainable Development Goals No. 12 (sustainable consumption and production), No. 13 (climate action), No. 8 (decent work and economic growth) and No. 9 (industry, innovation and infrastructure). In Latin America, they constitute 99% of companies, employ 50% of the labor force and represent ¼ of GDP (Cepal). MSMEs do also account for more than 50% of all GHG emissions globally. While MSMEs see quite clearly the need to take effective climate action – and without delay, the reality is they are often inhibited from effectively aligning their operations with the goals of the Paris Agreement. Furthermore, trends indicate that large companies are accompanying climate action initiatives, but their suppliers, which are SMEs, are lagging behind.
This webinar will inquire about the challenges and barriers MSMEs face to be part of the fight against climate change; in terms of awareness, lack of capacities and access to financing, among others. SMEs from the region are going to present their first-hand experience to the audience. Additionally, the event is going to have a practical section in which specific tools and pioneering initiatives aim at helping SMEs are going to be presented; among them, the SME Climate Hub developed by ICC, the UN Race to Zero, the Exponential Roadmap Initiative and the We Mean Business Coalition.