ICC outlined its views on the role of the UN in promoting corporate social responsibility in a statement released on June 29 by its Commission on Business in Society on the occasion of the forthcoming Global Compact Leaders Summit, to be held on 5-6 July at the UN in Geneva.

ICC commended on June 13 G8 leaders for continuing to address the complicated and growing epidemic of counterfeiting and piracy at the annual G8 Summit, but expressed disappointment at the lack of substance on these issues in the outcome statement released at the G8 Summit in Heiligendamm last week.

On June 12 ICC welcomed the declaration on the Doha Round of multilateral trade negotiations issued at the G8 Summit last week in Heiligendamm, Germany and called on G8 leaders to translate their pledges into concrete progress at the negotiating table in the coming weeks.

ICC has welcomed progress negotiated at the G8 Summit last week in Heiligendamm, Germany addressing the challenge of climate change.

Leaders of the G8 group of industrial nations have ended three days of meetings in the German Baltic Sea resort of Heiligendamm with a compromise on global warming and renewed pledges for Africa.

Leaders of the Group of Eight major industrialized economies are meeting in the German resort town of Heiligendamm for a second and final day of talks. That discussion followed an announcement the G8 had approved budgeting an additional $60 billion in assistance to Africa to combat the spread of tuberculosis, malaria, and HIV, the virus that causes AIDS.

German Chancellor Angela Merkel has hailed agreement by G8 leaders to work for greenhouse-emissions cuts, though the deal sets no specific benchmarks and thus falls short of her ambitious hopes.

G8 Leaders Promise $60 Billion, One-Third of Global Need

The World Bank welcomed the renewed commitment by the Heligendamm G8 Summit to fight climate change and to engage emerging economies in this process.

German Chancellor Angela Merkel feels the G8 stand a good chance of finding a joint position on climate protection issues. That is what she stressed after bilateral meetings with US President George W. Bush and other Heads of State and Government.

In recent months, the international debate on climate change has gained momentum. We welcome the publication of the Intergovernmental Panel on Climate Change's (IPCC) summary reports from Working Groups 2 (impacts and adaptation) and 3 (mitigation options) and applaud the leadership shown by the European Union (EU), under the presidency of Chancellor Merkel, at the Spring Council.

World Bank finds donor nations lag on promises on greater aid, freer trade