Businesses call for strong government action
Summary
The We Mean Business Coalition acknowledges the US pledge to reduce greenhouse gas pollution by 26-28 percent below 2005 levels by 2025 as a positive step but argues it is insufficient to prevent 3.5 degrees Celsius of warming. The coalition calls for a detailed national decarbonization pathway targeting 80% or more reductions by 2050, a five-year cycle for strengthening targets, and the scale-up of public finance via the Green Climate Fund to leverage private sector capital.
Key insights
- The United States has pledged to reduce greenhouse gas pollution by 26-28 percent below 2005 levels by 2025, supported by domestic regulations targeting vehicle fuel economy, the built environment, power plants, and methane emissions.
- The current US INDC, combined with other announced and anticipated pledges, is projected to lead the world toward 3.5 degrees Celsius of warming, exceeding the global target of remaining below 2 degrees.
- To achieve a transformational commitment, the US should establish a national decarbonization pathway aiming for economy-wide emission reductions of at least 80% by 2050 and update its targets every five years rather than every ten.
- A successful transition requires increased public finance to build resilience and attract private investment, specifically through the release of US contributions to the Green Climate Fund, which should be primarily grant-based and not rebranded foreign aid.
Cite the original document
- APA
- Camara, J. (2015). Businesses call for strong government action. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/businesses-call-for-strong-government-action/
- Chicago
- Camara, Jake. Businesses call for strong government action. We Mean Business Coalition, 2015. https://www.wemeanbusinesscoalition.org/blog/businesses-call-for-strong-government-action/.
- Wikipedia
- {{cite press release |last1=Camara |first1=Jake |title=Businesses call for strong government action |publisher=We Mean Business Coalition |date=1 April 2015 |url=https://www.wemeanbusinesscoalition.org/blog/businesses-call-for-strong-government-action/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{camara2015businesses, author = {Camara, Jake}, title = {{Businesses call for strong government action}}, publisher = {We Mean Business Coalition}, year = {2015}, month = apr, url = {https://www.wemeanbusinesscoalition.org/blog/businesses-call-for-strong-government-action/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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