Words Matter in the Paris Climate Agreement
Summary
The We Mean Business coalition asserts that the Paris Agreement must establish a collective long-term goal of net zero greenhouse gas emissions well before the end of the century to keep warming below 2°C. The authors call for mechanisms to regularly strengthen country commitments every five years, implement transparent government accountability rules, and shift trillions of dollars toward low-carbon investment through policy signals like carbon pricing.
Key insights
- The We Mean Business coalition, representing 154 companies with US$3.5 trillion in revenues and 111 investors with US$8.1 trillion in assets under management, has already facilitated 430 climate action commitments.
- Current national commitments from 56 countries, including the EU, China, and the US, are insufficient on their own to limit global warming to below 2°C.
- To achieve a 2°C trajectory, the Paris Agreement should set a collective long-term goal of reaching net zero greenhouse gas emissions significantly before the end of the century.
- The coalition identifies three essential mechanisms for the agreement's success: strengthening country commitments every five years, establishing transparency rules to hold governments accountable for their targets, and reorienting trillions of dollars toward low-carbon investment via policy signals such as carbon pricing.
- The mobilization of US$100 billion per year by 2020, as pledged in Copenhagen, is considered fundamental to building the trust required for a strong Paris Agreement.
Cite the original document
- APA
- Boyd, P., Cameron, E., Wei, D., Levick, K., Kelly, A., Ryan, D., Whittington, E., & Larsfalten, C. (2015). Words Matter in the Paris Climate Agreement. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/words-matter-in-the-paris-climate-agreement/
- Chicago
- Boyd, Peter, Edward Cameron, David Wei, Kate Levick, Anne Kelly, Damian Ryan, Eliot Whittington, and Carina Larsfalten. Words Matter in the Paris Climate Agreement. We Mean Business Coalition, 2015. https://www.wemeanbusinesscoalition.org/blog/words-matter-in-the-paris-climate-agreement/.
- Wikipedia
- {{cite press release |last1=Boyd |first1=Peter |last2=Cameron |first2=Edward |last3=Wei |first3=David |last4=Levick |first4=Kate |last5=Kelly |first5=Anne |last6=Ryan |first6=Damian |last7=Whittington |first7=Eliot |last8=Larsfalten |first8=Carina |title=Words Matter in the Paris Climate Agreement |publisher=We Mean Business Coalition |date=1 September 2015 |url=https://www.wemeanbusinesscoalition.org/blog/words-matter-in-the-paris-climate-agreement/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{boyd2015words, author = {Boyd, Peter and Cameron, Edward and Wei, David and Levick, Kate and Kelly, Anne and Ryan, Damian and Whittington, Eliot and Larsfalten, Carina}, title = {{Words Matter in the Paris Climate Agreement}}, publisher = {We Mean Business Coalition}, year = {2015}, month = sep, url = {https://www.wemeanbusinesscoalition.org/blog/words-matter-in-the-paris-climate-agreement/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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