Statement on United States government withdrawal from Paris Agreement

The We Mean Business coalition argues that the Paris Agreement provides the certainty needed for long-term business investment in innovation and infrastructure. The coalition highlights that low-carbon investments are economically advantageous, citing an average internal rate of return of 27% and specific examples from Walmart and Hewlett Packard Enterprise. Despite the US government's decision to withdraw, the coalition maintains that businesses in the United States will continue to pursue climate goals because they align with business growth and risk management.

• The Paris Agreement is viewed by the coalition as a mechanism to ensure a global level playing field for businesses and provide the confidence and certainty required for long-term investments in infrastructure and innovation.
• Low-carbon investments yield significant economic returns, with businesses achieving an average internal rate of return of 27% and those decoupling growth from emissions seeing an average 29% revenue increase and a 26% emissions drop.
• Specific corporate actions demonstrate the financial and environmental viability of climate targets: Walmart saved nearly $1 billion in the last fiscal year through emissions cuts, and Hewlett Packard Enterprise's supply chain program aims to avoid 100 million metric tons of carbon emissions by 2025 by working with 80% of its suppliers.

APA

Camara, J. (2017). Statement on United States government withdrawal from Paris Agreement. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/statement-on-united-states-government-withdrawal-from-paris-agreement/

Chicago

Camara, Jake. Statement on United States government withdrawal from Paris Agreement. We Mean Business Coalition, 2017. https://www.wemeanbusinesscoalition.org/blog/statement-on-united-states-government-withdrawal-from-paris-agreement/.

Wikipedia

{{cite press release |last1=Camara |first1=Jake |title=Statement on United States government withdrawal from Paris Agreement |publisher=We Mean Business Coalition |date=1 June 2017 |url=https://www.wemeanbusinesscoalition.org/blog/statement-on-united-states-government-withdrawal-from-paris-agreement/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{camara2017statement, author = {Camara, Jake}, title = {{Statement on United States government withdrawal from Paris Agreement}}, publisher = {We Mean Business Coalition}, year = {2017}, month = jun, url = {https://www.wemeanbusinesscoalition.org/blog/statement-on-united-states-government-withdrawal-from-paris-agreement/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }