Call to action for ambitious and investible NDCs
Summary
The We Mean Business Coalition urges governments to align NDCs with a 1.5°C pathway and the Global Stocktake outcomes to provide the policy stability necessary for business investment. The call to action focuses on three pillars: setting ambitious economy-wide and sector-specific targets, developing consistent national and sectoral policy frameworks, and establishing inclusive dialogues with the private sector to co-create implementation solutions.
Key insights
- NDCs serve as critical signals for businesses regarding the stability and direction of policy environments, which directly influences investment decisions over the coming decade. To be effective, these plans must be supported by domestic laws and regulations.
- The coalition urges governments, led by the G20, to implement three pillars to unlock investment: putting forward 1.5°C-aligned NDCs with economy-wide and sector-specific targets, developing clear policy frameworks with high-level political leadership, and engaging in transparent dialogue and co-creation with businesses.
- Ambitious NDCs should specifically include targets to phase out unabated fossil fuels, triple renewable energy, and double energy efficiency by 2030, while integrating with national biodiversity strategies.
- Effective implementation requires a whole-of-government approach and international coordination, particularly for the decarbonization of globally traded materials like aluminum and steel, as well as challenging sectors like agriculture.
Cite the original document
- APA
- We Mean Business Coalition (2024). Call to action for ambitious and investible NDCs. https://www.wemeanbusinesscoalition.org/wp-content/uploads/2024/09/WMBC_NDCs-call-to-action-2-page-19-09-24.pdf
- Chicago
- We Mean Business Coalition. Call to action for ambitious and investible NDCs. 2024. https://www.wemeanbusinesscoalition.org/wp-content/uploads/2024/09/WMBC_NDCs-call-to-action-2-page-19-09-24.pdf.
- Wikipedia
- {{cite press release |author=We Mean Business Coalition |title=Call to action for ambitious and investible NDCs |date=September 2024 |url=https://www.wemeanbusinesscoalition.org/wp-content/uploads/2024/09/WMBC_NDCs-call-to-action-2-page-19-09-24.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @misc{wemeanbusinesscoalition2024call, author = {{We Mean Business Coalition}}, title = {{Call to action for ambitious and investible NDCs}}, publisher = {We Mean Business Coalition}, year = {2024}, month = sep, url = {https://www.wemeanbusinesscoalition.org/wp-content/uploads/2024/09/WMBC_NDCs-call-to-action-2-page-19-09-24.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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