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The We Mean Business coalition calls on G20 leaders to lead the transition to net-zero carbon economies by 2050, citing a potential US$26 trillion growth opportunity and 65 million new jobs by 2030. The statement advocates for the implementation of TCFD recommendations, updated NDCs, and a just transition that integrates the Solidarity and Just Transition Silesia Declaration.

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  • The transition to a low-carbon economy presents a significant economic opportunity, potentially creating US$26 trillion in growth and 65 million new jobs by 2030, with net-zero emissions for heavy industries being technically and financially feasible by mid-century.
  • A coalition of over 900 companies, with a combined market capitalization of $17.6 trillion, has made more than 1,400 climate commitments, including the adoption of science-based targets, 100% renewable electricity, and TCFD recommendations.
  • The coalition requests that G20 leaders pursue net-zero emissions by 2050 consistent with the IPCC 1.5°C report, update their Nationally Determined Contributions (NDCs) by 2020, and support a just transition by incorporating the Solidarity and Just Transition Silesia Declaration into national plans.

Cite the original document

APA
We Mean Business Coalition (2019). G20 Path to Net Zero by 2050. https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/g20-path-to-net-zero-by-2050/
Chicago
We Mean Business Coalition. G20 Path to Net Zero by 2050. 2019. https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/g20-path-to-net-zero-by-2050/.
Wikipedia
{{cite press release |author=We Mean Business Coalition |title=G20 Path to Net Zero by 2050 |date=7 June 2019 |url=https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/g20-path-to-net-zero-by-2050/ |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@misc{wemeanbusinesscoalition2019g20, author = {{We Mean Business Coalition}}, title = {{G20 Path to Net Zero by 2050}}, publisher = {We Mean Business Coalition}, year = {2019}, month = jun, url = {https://www.wemeanbusinesscoalition.org/what-we-do/for-policymakers/coalition-led-advocacy-interventions-from-business/g20-path-to-net-zero-by-2050/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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