We Must Be Bold on Climate: The Paris Agreement Is Signed
Summary
The document celebrates the signing of the Paris Agreement and calls on the business community to move from government intent to implementation by adopting science-based targets, internal carbon pricing, and risk mitigation strategies to support the goal of keeping warming well below 2°C.
Key insights
- The Paris Agreement establishes a global framework requiring all countries to reduce greenhouse-gas emissions and build climate resilience, with the goal of reaching net zero emissions in the second half of the century and limiting warming to well below 2°C.
- Significant business leadership preceded the agreement, including the American Business Act on Climate Pledge involving companies with US$7 trillion in market capitalization, and the We Mean Business coalition, which works with companies earning US$8 trillion in revenue and investors managing nearly US$21 trillion in assets.
- To implement the Paris Agreement, businesses are encouraged to take specific actions: understanding regulatory risks and opportunities, developing mitigation plans for climate risks, establishing internal carbon pricing, setting internal policies aligned with Paris goals, and adopting science-based climate targets.
- Climate action varies by industry, encompassing activities such as procuring renewable energy for data centers, reducing methane leakage in natural gas production, improving industrial energy efficiency, integrating climate risks into investment strategies, and developing climate-resilient crops and reducing food waste.
Cite the original document
- APA
- Cramer, A. (2016). We Must Be Bold on Climate: The Paris Agreement Is Signed. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/we-must-be-bold-on-climate-the-paris-agreement-is-signed/
- Chicago
- Cramer, Aron. We Must Be Bold on Climate: The Paris Agreement Is Signed. We Mean Business Coalition, 2016. https://www.wemeanbusinesscoalition.org/blog/we-must-be-bold-on-climate-the-paris-agreement-is-signed/.
- Wikipedia
- {{cite press release |last1=Cramer |first1=Aron |title=We Must Be Bold on Climate: The Paris Agreement Is Signed |publisher=We Mean Business Coalition |date=22 April 2016 |url=https://www.wemeanbusinesscoalition.org/blog/we-must-be-bold-on-climate-the-paris-agreement-is-signed/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{cramer2016must, author = {Cramer, Aron}, title = {{We Must Be Bold on Climate: The Paris Agreement Is Signed}}, publisher = {We Mean Business Coalition}, year = {2016}, month = apr, url = {https://www.wemeanbusinesscoalition.org/blog/we-must-be-bold-on-climate-the-paris-agreement-is-signed/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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