Summary
The We Mean Business Coalition advocates for a global climate agreement that limits temperature rises to below 2C, emphasizing the need for a net-zero emissions goal, scalable climate finance, and increased short-term ambition through the UNFCCC Workstream 2. The coalition argues that bold climate action represents a historic economic opportunity, noting that some low-carbon investments have achieved an internal rate of return (IRR) of 27%.
Key insights
- In the short term, the coalition urges governments to increase ambition via UNFCCC Workstream 2 to scale up technologies and initiatives in areas such as energy efficiency, renewable energy, transportation, land use, waste, and short-lived climate pollutants (SLCPs).
- Reducing short-lived climate pollutants (SLCPs) in industries like agriculture, waste management, and HFC transport could potentially slow expected warming by 2050 by up to 0.5C, according to Climate and Clean Air Coalition data.
- For the medium term (2020-2030), an effective agreement requires Intended Nationally Determined Contributions (INDCs) from all countries, scalable public and private climate finance, enhanced transparency and accountability mechanisms, and five-year commitment periods.
- The coalition argues that a global goal of net-zero greenhouse gas emissions before the end of the century is essential to provide the predictable policy environment necessary for business innovation.
Cite the original document
- APA
- Camara, J. (2015). Why Geneva Matters. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/why-geneva-matters/
- Chicago
- Camara, Jake. Why Geneva Matters. We Mean Business Coalition, 2015. https://www.wemeanbusinesscoalition.org/blog/why-geneva-matters/.
- Wikipedia
- {{cite press release |last1=Camara |first1=Jake |title=Why Geneva Matters |publisher=We Mean Business Coalition |date=9 February 2015 |url=https://www.wemeanbusinesscoalition.org/blog/why-geneva-matters/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{camara2015why, author = {Camara, Jake}, title = {{Why Geneva Matters}}, publisher = {We Mean Business Coalition}, year = {2015}, month = feb, url = {https://www.wemeanbusinesscoalition.org/blog/why-geneva-matters/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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