Statement on behalf of We Mean Business Coalition ahead of COP27

The We Mean Business Coalition calls for urgent global action at COP27 to keep the 1.5°C goal within reach, advocating for a partnership between business and government to halve global emissions by 2030. The Coalition emphasizes the need for a sectoral Mitigation Work Programme, scaled-up adaptation finance for vulnerable nations, and the fulfillment of the US$100 billion annual climate finance commitment.

• To avoid the most severe climate impacts, global emissions must be halved by 2030, with a transition to a just and inclusive net-zero economy by 2050 at the latest.
• Specific 2030 targets for the energy and transport sectors include generating at least 61% of global electricity from renewables and deploying at least 300 million electric cars and 6 million zero-emission trucks.
• The Coalition urges governments at COP27 to establish a Mitigation Work Programme with a sectoral focus to accelerate the implementation of climate ambition.
• Regarding finance, the Coalition calls for the fulfillment of the US$100 billion annual climate finance commitment, split equally between mitigation and adaptation, and the development of post-2025 finance plans.
• The Coalition advocates for the use of the International Sustainability Standards Board (ISSB) as a global baseline for implementing disclosure standards to support a 1.5°C-aligned financial system.

APA

Cheshire, I., Cramer, A., Bartlett, N., Lubber, M., Whittington, E., Clarkson, H., Tómasdóttir, H., Bakker, P., & Mendiluce, M. (2022). Statement on behalf of We Mean Business Coalition ahead of COP27. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/statement-on-behalf-of-we-mean-business-coalition-ahead-of-cop27/

Chicago

Cheshire, Ian, Aron Cramer, Nicolette Bartlett, Mindy Lubber, Eliot Whittington, Helen Clarkson, Halla Tómasdóttir, Peter Bakker, and María Mendiluce. Statement on behalf of We Mean Business Coalition ahead of COP27. We Mean Business Coalition, 2022. https://www.wemeanbusinesscoalition.org/blog/statement-on-behalf-of-we-mean-business-coalition-ahead-of-cop27/.

Wikipedia

{{cite press release |last1=Cheshire |first1=Ian |last2=Cramer |first2=Aron |last3=Bartlett |first3=Nicolette |last4=Lubber |first4=Mindy |last5=Whittington |first5=Eliot |last6=Clarkson |first6=Helen |last7=Tómasdóttir |first7=Halla |last8=Bakker |first8=Peter |last9=Mendiluce |first9=María |title=Statement on behalf of We Mean Business Coalition ahead of COP27 |publisher=We Mean Business Coalition |date=2 November 2022 |url=https://www.wemeanbusinesscoalition.org/blog/statement-on-behalf-of-we-mean-business-coalition-ahead-of-cop27/ |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{cheshire2022statement, author = {Cheshire, Ian and Cramer, Aron and Bartlett, Nicolette and Lubber, Mindy and Whittington, Eliot and Clarkson, Helen and Tómasdóttir, Halla and Bakker, Peter and Mendiluce, María}, title = {{Statement on behalf of We Mean Business Coalition ahead of COP27}}, publisher = {We Mean Business Coalition}, year = {2022}, month = nov, url = {https://www.wemeanbusinesscoalition.org/blog/statement-on-behalf-of-we-mean-business-coalition-ahead-of-cop27/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }