Time To Scale It All Up
Summary
The We Mean Business Coalition calls for a massive increase in climate finance, specifically $3 trillion per year, to achieve net zero and address nature loss. The text references 'The Breakthrough Effect' report, which identifies electric vehicles, green ammonia, and plant-based diets as positive tipping points for emissions reduction. It emphasizes the role of the Giving to Amplify Earth Action (GAEA) initiative in leveraging philanthropy to unlock public and private funding. Additionally, it notes that 92% of organizations surveyed in the 'Corporate Minds of Climate' report prioritize long-term decarbonization, and highlights the impact of the Science-Based Targets Initiative (SBTi), SME Climate Hub, and RE100 in driving corporate climate commitments.
Key insights
- Three 'positive tipping points'—electric vehicles, green ammonia, and plant-based diets—have been identified as 'super-leverage points' capable of cutting emissions in key sectors and accelerating broader economic change.
- The planet faces 16 potential tipping points that could lead to crisis, with four—including the melting of the West Antarctic Ice Sheet and the Greenland Ice Sheet—being 'perilously close'.
- A total of $3 trillion per year is required to tackle nature loss and reach net zero emissions.
- Corporate commitment to decarbonization is high, with 92% of organizations in a survey identifying long-term decarbonization as a business priority.
- The Science-Based Targets Initiative (SBTi) and SME Climate Hub have resulted in more than 10,000 companies making ambitious climate commitments.
- RE100 members, numbering over 390, sourced 50% of their electricity from renewable sources in 2021.
Cite the original document
- APA
- Mendiluce, M. (2023). Time To Scale It All Up. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/time-to-scale-it-all-up/
- Chicago
- Mendiluce, María. Time To Scale It All Up. We Mean Business Coalition, 2023. https://www.wemeanbusinesscoalition.org/blog/time-to-scale-it-all-up/.
- Wikipedia
- {{cite press release |last1=Mendiluce |first1=María |title=Time To Scale It All Up |publisher=We Mean Business Coalition |date=10 February 2023 |url=https://www.wemeanbusinesscoalition.org/blog/time-to-scale-it-all-up/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{mendiluce2023time, author = {Mendiluce, María}, title = {{Time To Scale It All Up}}, publisher = {We Mean Business Coalition}, year = {2023}, month = feb, url = {https://www.wemeanbusinesscoalition.org/blog/time-to-scale-it-all-up/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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