G7 2022: All in for clean energy

The We Mean Business Coalition urges G7 leaders to lead a rapid transition away from fossil fuels through specific targets, including decarbonized power systems by 2035 and the elimination of fossil fuel subsidies by 2025. The coalition emphasizes that the war in Ukraine has highlighted the vulnerability of fossil fuel dependence and calls for strengthened NDCs, scaled-up renewable energy, and mandatory corporate climate disclosures to ensure a just and people-centred transition.

• The We Mean Business Coalition recommends that G7 leaders commit to a rapid and just transition from fossil fuels to achieve fully decarbonized power systems by 2035.
• The coalition proposes specific targets for power generation and transport, including reaching 70% renewable energy for power generation by 2030 and 100% sales of zero emissions vehicles (ZEVs) for new light duty vehicles by 2035.
• The document calls for the phase-out of domestic coal-fired power generation by 2030 in G7 countries, and by 2030 and 2040 for other OECD and non-OECD economies respectively.
• The coalition urges G7 governments to establish national action plans in 2022 to remove all fossil fuel subsidies by 2025, repurposing those funds toward renewable energy and energy efficiency.
• Financial recommendations include implementing a carbon price that converges toward a uniform global price and making climate-related environmental disclosures mandatory for corporations, supporting the International Sustainability Standard Board (ISSB).

APA

We Mean Business Coalition (2022). G7 2022: All in for clean energy. https://www.wemeanbusinesscoalition.org/wp-content/uploads/2022/05/Final-WMBC-CEO-G7-Letter-2022-with-signatures.pdf

Chicago

We Mean Business Coalition. G7 2022: All in for clean energy. 2022. https://www.wemeanbusinesscoalition.org/wp-content/uploads/2022/05/Final-WMBC-CEO-G7-Letter-2022-with-signatures.pdf.

Wikipedia

{{cite press release |author=We Mean Business Coalition |title=G7 2022: All in for clean energy |date=19 May 2022 |url=https://www.wemeanbusinesscoalition.org/wp-content/uploads/2022/05/Final-WMBC-CEO-G7-Letter-2022-with-signatures.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@misc{wemeanbusinesscoalition20222022, author = {{We Mean Business Coalition}}, title = {{G7 2022: All in for clean energy}}, publisher = {We Mean Business Coalition}, year = {2022}, month = may, url = {https://www.wemeanbusinesscoalition.org/wp-content/uploads/2022/05/Final-WMBC-CEO-G7-Letter-2022-with-signatures.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }