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The We Mean Business Coalition calls on COP26 governments to commit to a 1.5°C trajectory, finalize robust Article 6 market rules, and ensure the delivery of $100 billion in climate finance for developing countries. The coalition emphasizes the need for a transparent Global Stocktake that includes private sector data and a clear process for establishing a Global Goal for Adaptation to build resilience across global supply chains.

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  • Businesses urge governments at COP26 to commit to economy-wide net-zero emissions by 2050 and to reverse nature loss by 2030, supported by high-quality Nationally Determined Contributions (NDCs) that halve global emissions by 2030.
  • The coalition requests a Global Stocktake design that is evidence-based, inclusive of non-Party stakeholders—specifically the private sector—and serves as a mechanism to raise 2030 targets in line with the 1.5°C goal.
  • Regarding Article 6, businesses seek agreement on rules that prevent the double counting of emissions reductions and protect the environmental integrity of NDCs to incentivize private investment in cost-effective reductions.
  • The document advocates for carbon pricing as a critical tool for deep decarbonization and calls for policies that reflect the full costs of climate change to support clean technology innovation.
  • The coalition calls for the fulfillment of the $100 billion annual climate finance commitment for developing countries, with an equal balance between mitigation and adaptation, and a post-2025 goal aligned with 1.5°C investment needs.
  • To address climate risks, the coalition asks governments to establish a clear process for a Global Goal for Adaptation and to collaborate with the private sector on National Adaptation Plans (NAPs) and supply chain resilience.

Cite the original document

APA
We Mean Business Coalition (n.d.). COP26 ASKS FROM BUSINESS. https://www.wemeanbusinesscoalition.org/wp-content/uploads/2021/10/COP26_Asks_Oct.pdf
Chicago
We Mean Business Coalition. COP26 ASKS FROM BUSINESS. n.d. https://www.wemeanbusinesscoalition.org/wp-content/uploads/2021/10/COP26_Asks_Oct.pdf.
Wikipedia
{{cite press release |author=We Mean Business Coalition |title=COP26 ASKS FROM BUSINESS |url=https://www.wemeanbusinesscoalition.org/wp-content/uploads/2021/10/COP26_Asks_Oct.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
BibTeX
@misc{wemeanbusinesscoalitionndcop26, author = {{We Mean Business Coalition}}, title = {{COP26 ASKS FROM BUSINESS}}, publisher = {We Mean Business Coalition}, url = {https://www.wemeanbusinesscoalition.org/wp-content/uploads/2021/10/COP26_Asks_Oct.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }

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