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A statement from the We Mean Business coalition to the Prime Minister of Japan calling for more ambitious 2030 emissions targets, the phase-out of coal power, and the alignment of overseas financing with the Paris Agreement to provide certainty for business investment.

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  • The We Mean Business coalition, representing over 1,190 companies with nearly US$25 trillion in market capitalization (including over 100 Japanese firms), argues that government policy clarity and ambition are essential for investors to commit to zero-carbon solutions.
  • To remain competitive and attract investment, Japan is urged to update its economy-wide 2030 domestic emissions targets based on science and provide clear decarbonization plans for heavy industry, specifically the steel sector, and the power sector through a rapid phase-out of coal.
  • The coalition recommends that Japan's updated NDC include a commitment to end coal financing and align all overseas investment and financing with the goals of the Paris Agreement.
  • The document emphasizes that Japan must implement policy measures to ensure a just transition for its citizens and workforce while moving toward a 1.5ºC trajectory.

Cite the original document

APA
We Mean Business Coalition (2020). TO HIS EXCELLENCY SHINZO ABE, THE PRIME MINISTER OF JAPAN. https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/japan-time-to-accelerate-climate-action/
Chicago
We Mean Business Coalition. TO HIS EXCELLENCY SHINZO ABE, THE PRIME MINISTER OF JAPAN. 2020. https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/japan-time-to-accelerate-climate-action/.
Wikipedia
{{cite press release |author=We Mean Business Coalition |title=TO HIS EXCELLENCY SHINZO ABE, THE PRIME MINISTER OF JAPAN |date=19 February 2020 |url=https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/japan-time-to-accelerate-climate-action/ |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@misc{wemeanbusinesscoalition2020his, author = {{We Mean Business Coalition}}, title = {{TO HIS EXCELLENCY SHINZO ABE, THE PRIME MINISTER OF JAPAN}}, publisher = {We Mean Business Coalition}, year = {2020}, month = feb, url = {https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/japan-time-to-accelerate-climate-action/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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