Summary
We Mean Business calls for direct engagement between government ministers and business leaders at COP in Lima to align on a high-ambition climate pathway. The statement argues that bold climate action is an economic opportunity, citing significant growth in clean energy investments and job creation. It proposes three areas for cooperation: committing to a long-term decarbonization pathway to reduce uncertainty, scaling up public and private climate finance, and collaborating on short-term ambition to close the emissions gap by 2020.
Key insights
- Bold climate action is presented as a significant economic opportunity rather than a burden, with some low-carbon investments achieving an internal rate of return (IRR) of 27%.
- Global clean energy investments grew more than six-fold between 2004 and 2011, increasing from US$39 billion to US$257 billion according to Bloomberg New Energy Finance.
- The renewable energy sector is estimated to generate more jobs than the fossil fuel industry, with potential employment reaching 2.1 million in wind power and 6.3 million in solar power by 2030 per UNEP estimates.
- The document identifies three priority areas for government and business cooperation: establishing a predictable long-term decarbonization pathway to limit temperature increases to below 2°C, scaling up predictable climate finance from public and private sources, and collaborating on practical short-term policy options to close the 2020 emissions gap.
- Significant climate action has been reported in 33 countries by the Global Legislators Organization (GLOBE) International, covering 17 of the top 20 and 24 of the top 50 greenhouse gas emitters, representing over 85 percent of global emissions.
Cite the original document
- APA
- Camara, J. (2014). Bienvenido a Lima. We Mean Business Coalition. https://www.wemeanbusinesscoalition.org/blog/bienvenido-a-lima/
- Chicago
- Camara, Jake. Bienvenido a Lima. We Mean Business Coalition, 2014. https://www.wemeanbusinesscoalition.org/blog/bienvenido-a-lima/.
- Wikipedia
- {{cite press release |last1=Camara |first1=Jake |title=Bienvenido a Lima |publisher=We Mean Business Coalition |date=10 December 2014 |url=https://www.wemeanbusinesscoalition.org/blog/bienvenido-a-lima/ |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{camara2014bienvenido, author = {Camara, Jake}, title = {{Bienvenido a Lima}}, publisher = {We Mean Business Coalition}, year = {2014}, month = dec, url = {https://www.wemeanbusinesscoalition.org/blog/bienvenido-a-lima/}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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