THE BUSINESS END OF CLIMATE CHANGE
Summary
The document highlights a gap between current emission trends and the Paris Agreement's goal of keeping temperature rise 'well under 2°C'. It estimates that five specific business initiatives—Science Based Targets, EP100, RE100, Zero Deforestation, and the Low Carbon Technology Partnership Initiative (LCTPi)—could reduce emissions by 4.2bn to 10bn tonnes by 2030 if membership targets are met and supported by government policy. To achieve this, the author calls for consistent carbon pricing, renewable energy support, and tax breaks for R&D and low-energy investments.
Key insights
- There is a significant gap between projected emissions and the levels required to keep global temperature rise 'well under 2°C'. While the target requires emissions to drop to 42bn tonnes, current trends suggest they will be nearer 61bn tonnes, and meeting Paris targets would still result in 55bn tonnes.
- Five specific business initiatives—Science Based Targets, EP100, RE100, Zero Deforestation, and the Low Carbon Technology Partnership Initiative (LCTPi)—could reduce emissions by up to 4.2bn tonnes if they reach membership targets, or up to 10bn tonnes if all relevant companies join, potentially bringing the global total down to 45bn tonnes by 2030.
- To secure large-scale business commitment to emission cuts, governments need to provide consistent, long-term policies, including carbon pricing, renewable energy advice, promotion of the green energy business case, on-grid green energy encouragement, reduced red tape for green commodity producers, bans on unsustainable commodities, and tax breaks for R&D, innovation, and low-energy investments.
Cite the original document
- APA
- We Mean Business Coalition (n.d.). THE BUSINESS END OF CLIMATE CHANGE. https://www.wemeanbusinesscoalition.org/wp-content/uploads/2017/08/BECC_Policy-Summary_0.pdf
- Chicago
- We Mean Business Coalition. THE BUSINESS END OF CLIMATE CHANGE. n.d. https://www.wemeanbusinesscoalition.org/wp-content/uploads/2017/08/BECC_Policy-Summary_0.pdf.
- Wikipedia
- {{cite report |author=We Mean Business Coalition |title=THE BUSINESS END OF CLIMATE CHANGE |url=https://www.wemeanbusinesscoalition.org/wp-content/uploads/2017/08/BECC_Policy-Summary_0.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{wemeanbusinesscoalitionndbusiness, author = {{We Mean Business Coalition}}, title = {{THE BUSINESS END OF CLIMATE CHANGE}}, institution = {We Mean Business Coalition}, url = {https://www.wemeanbusinesscoalition.org/wp-content/uploads/2017/08/BECC_Policy-Summary_0.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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