Dear Excellencies

The We Mean Business coalition calls on G7 leaders to align national policies with the Paris Agreement by setting clear pathways to net-zero emissions by 2050, phasing out fossil fuel subsidies, and supporting a just transition. The statement highlights that over 980 global companies have already made climate commitments, including targets for renewable electricity (RE100) and electric vehicle deployment (EV100), but argues that private action must be reinforced by government leadership to achieve the necessary scale of transformation.

• A transition to a net-zero carbon economy by 2050 is necessary to limit warming to 1.5°C and could result in 65 million new jobs and US$26 trillion in economic benefits by 2030.
• Significant private sector momentum exists, with more than 980 global companies—representing 25 percent of global GDP—making over 1,550 climate commitments, including the adoption of Science-Based Targets and TCFD recommendations.
• The coalition requests that G7 governments provide regulatory certainty by strengthening Nationally Determined Contributions (NDCs), establishing a moratorium on coal finance and new builds, and setting an end date for internal combustion engine vehicles.
• To shift financial flows toward zero-carbon models, G7 governments are urged to implement meaningful carbon prices and fulfill their 2016 commitment to phase out fossil fuel subsidies by 2025.
• A just transition is deemed essential for maintaining labor and community relations, with a call for G7 governments to integrate the Solidarity and Just Transition Silesia Declaration into national climate and energy plans.

APA

We Mean Business Coalition (2019). Dear Excellencies. https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/g7-2019/

Chicago

We Mean Business Coalition. Dear Excellencies. 2019. https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/g7-2019/.

Wikipedia

{{cite press release |author=We Mean Business Coalition |title=Dear Excellencies |date=23 August 2019 |url=https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/g7-2019/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{wemeanbusinesscoalition2019dear, author = {{We Mean Business Coalition}}, title = {{Dear Excellencies}}, publisher = {We Mean Business Coalition}, year = {2019}, month = aug, url = {https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/g7-2019/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }