REALIZING THE AMBITION of the Paris Agreement

The We Mean Business coalition seeks to align the private sector with the Paris Agreement's goal of keeping global warming well below 2°C. The coalition focuses on three pillars: demonstrating business implementation of climate commitments, encouraging new corporate commitments, and advocating for government policies—such as carbon pricing and domestic legislation for Nationally Determined Contributions (NDCs)—that enable business leadership. It emphasizes the need for a 'virtuous circle' where NDCs drive business action, which in turn informs more ambitious NDCs. The document also calls for scaling up climate finance from billions to trillions and integrating the private sector into national adaptation plans and resilience strategies.

• The We Mean Business coalition has engaged nearly 500 companies with a combined market capitalization exceeding $11 trillion, which have made over a thousand commitments to climate action.
• To achieve the goal of holding warming well below 2°C, the coalition argues that successive NDCs must follow a trajectory of peaking greenhouse gas emissions as soon as possible, followed by rapid reductions to reach net zero.
• Carbon pricing is identified as a critical tool for unlocking climate finance; over 90 NDCs include carbon pricing initiatives, and more than 1,200 companies have either implemented or planned to use internal carbon pricing.
• The coalition advocates for the private sector to be formally included in the formulation and assessment of national adaptation plans and the Warsaw International Mechanism task force regarding climate-driven displacement.
• At the time of the document's printing, 190 companies had committed to adopting science-based targets aligned with a trajectory of well below 2°C.

APA

We Mean Business Coalition (n.d.). REALIZING THE AMBITION of the Paris Agreement. https://www.wemeanbusinesscoalition.org/wp-content/uploads/2017/08/The-Paris-Agreement_Z-Card_2.pdf

Chicago

We Mean Business Coalition. REALIZING THE AMBITION of the Paris Agreement. n.d. https://www.wemeanbusinesscoalition.org/wp-content/uploads/2017/08/The-Paris-Agreement_Z-Card_2.pdf.

Wikipedia

{{cite report |author=We Mean Business Coalition |title=REALIZING THE AMBITION of the Paris Agreement |url=https://www.wemeanbusinesscoalition.org/wp-content/uploads/2017/08/The-Paris-Agreement_Z-Card_2.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{wemeanbusinesscoalitionndrealizing, author = {{We Mean Business Coalition}}, title = {{REALIZING THE AMBITION of the Paris Agreement}}, institution = {We Mean Business Coalition}, url = {https://www.wemeanbusinesscoalition.org/wp-content/uploads/2017/08/The-Paris-Agreement_Z-Card_2.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }