We Mean Business Coalition Letter to G7 Ministers

The We Mean Business Coalition calls on G7 Ministers to accelerate the transition to clean energy to mitigate climate risks and economic loss. The coalition argues that while business is ready to deploy clean energy solutions, it requires supportive policies and the repurposing of $1 trillion in fossil fuel subsidies. Key recommendations include decarbonizing power systems by 2035, phasing out domestic coal by 2030, and ensuring 100% sales of zero emissions vehicles for new light-duty vehicles by 2035.

• The coalition argues that continued global reliance on fossil fuels exacerbates current crises and creates unmanageable risk, whereas staying within the 1.5°C limit is the only way to protect economies and people from the worst climate impacts.
• Climate change is projected to reduce global GDP by up to 14%, or $23 trillion, by 2050, while investments in clean energy could increase global GDP by 4% by 2030.
• The coalition recommends that G7 governments implement specific policy targets: achieving fully decarbonized power systems by 2035, phasing out domestic coal-fired power by 2030, and reaching 100% sales of zero emissions vehicles (ZEVs) for new light-duty vehicles by 2035.
• G7 governments are urged to communicate national action plans to eliminate fossil fuel subsidies by 2025, as committed in 2016, and repurpose the $1 trillion spent on these subsidies toward energy efficiency and renewable energy.

APA

Cramer, A., Bartlett, N., Lubber, M., Whittington, E., Clarkson, H., Tómasdóttir, H., & Bakker, P. (2023). We Mean Business Coalition Letter to G7 Ministers. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/we-mean-business-coalition-letter-to-g7-ministers/

Chicago

Cramer, Aron, Nicolette Bartlett, Mindy Lubber, Eliot Whittington, Helen Clarkson, Halla Tómasdóttir, and Peter Bakker. We Mean Business Coalition Letter to G7 Ministers. We Mean Business Coalition, 2023. https://www.wemeanbusinesscoalition.org/blog/we-mean-business-coalition-letter-to-g7-ministers/.

Wikipedia

{{cite press release |last1=Cramer |first1=Aron |last2=Bartlett |first2=Nicolette |last3=Lubber |first3=Mindy |last4=Whittington |first4=Eliot |last5=Clarkson |first5=Helen |last6=Tómasdóttir |first6=Halla |last7=Bakker |first7=Peter |title=We Mean Business Coalition Letter to G7 Ministers |publisher=We Mean Business Coalition |date=11 April 2023 |url=https://www.wemeanbusinesscoalition.org/blog/we-mean-business-coalition-letter-to-g7-ministers/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{cramer2023mean, author = {Cramer, Aron and Bartlett, Nicolette and Lubber, Mindy and Whittington, Eliot and Clarkson, Helen and Tómasdóttir, Halla and Bakker, Peter}, title = {{We Mean Business Coalition Letter to G7 Ministers}}, publisher = {We Mean Business Coalition}, year = {2023}, month = apr, url = {https://www.wemeanbusinesscoalition.org/blog/we-mean-business-coalition-letter-to-g7-ministers/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }