BUSINESSES AND INVESTORS WILL WORK WITH G7 TO ACHIEVE DECARBONIZATION OF GLOBAL ECONOMY THIS CENTURY

The We Mean Business coalition welcomes the G7's agreement to deep greenhouse gas emission cuts to decarbonize the global economy this century, noting that limiting global warming to 2°C requires limiting cumulative carbon emissions to one trillion tons. The coalition emphasizes that over US$90 trillion will be invested in infrastructure, land-use, and energy over the next 15 years, and argues that a net zero greenhouse gas emissions target in the Paris Agreement is necessary to shift this capital toward low-carbon investment. The coalition also supports the G7's commitment to long-term national low-carbon strategies and the mobilization of climate finance for renewable energy in developing countries.

• The G7's commitment to decarbonize the global economy this century is viewed as a necessary signal to catalyze climate action, aligned with science stating that cumulative carbon emissions must be limited to one trillion tons to keep global warming below 2°C.
• A clear long-term objective in the Paris Agreement, such as achieving net zero greenhouse gas emissions well before the end of the century, is required to redirect an estimated US$90 trillion in planned infrastructure, land-use, and energy investments toward low-carbon options.
• The coalition advocates for all countries participating in the Paris Agreement to develop long-term national low-carbon strategies to provide businesses and investors with clarity for capital asset investment.

APA

Topping, N. (2015). BUSINESSES AND INVESTORS WILL WORK WITH G7 TO ACHIEVE DECARBONIZATION OF GLOBAL ECONOMY THIS CENTURY. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/businesses-and-investors-will-work-with-g7-to-achieve-decarbonization-of-global-economy-this-century/

Chicago

Topping, Nigel. BUSINESSES AND INVESTORS WILL WORK WITH G7 TO ACHIEVE DECARBONIZATION OF GLOBAL ECONOMY THIS CENTURY. We Mean Business Coalition, 2015. https://www.wemeanbusinesscoalition.org/blog/businesses-and-investors-will-work-with-g7-to-achieve-decarbonization-of-global-economy-this-century/.

Wikipedia

{{cite press release |last1=Topping |first1=Nigel |title=BUSINESSES AND INVESTORS WILL WORK WITH G7 TO ACHIEVE DECARBONIZATION OF GLOBAL ECONOMY THIS CENTURY |publisher=We Mean Business Coalition |date=8 June 2015 |url=https://www.wemeanbusinesscoalition.org/blog/businesses-and-investors-will-work-with-g7-to-achieve-decarbonization-of-global-economy-this-century/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{topping2015businesses, author = {Topping, Nigel}, title = {{BUSINESSES AND INVESTORS WILL WORK WITH G7 TO ACHIEVE DECARBONIZATION OF GLOBAL ECONOMY THIS CENTURY}}, publisher = {We Mean Business Coalition}, year = {2015}, month = jun, url = {https://www.wemeanbusinesscoalition.org/blog/businesses-and-investors-will-work-with-g7-to-achieve-decarbonization-of-global-economy-this-century/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }