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WE MEAN BUSINESS COALITION’S RESPONSE TO DRAFT GLOBAL STOCKTAKE TEXT AT COP28
The We Mean Business Coalition criticizes the draft Global Stocktake text at COP28, stating that the shift from specific phaseout options to a 'meaningless wishlist of optional actions' fails to provide the clear signal necessary for business transformation and the 1.5ºC goal. The coalition urges countries to reject the draft in favor of science-based actions that mandate the phaseout of fossil fuels to align with the Paris Agreement.
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Document type: Statement
Climate and Health Co-Investment Facility Coordination Programme
The Green Climate Fund (GCF) has approved a US$1.5 million grant to the United Nations Development Programme (UNDP) for the preparation of the Climate and Health Co-Investment Facility Coordination Programme. This preparatory phase aims to develop a full funding proposal to reduce health-related vulnerability and greenhouse gas emissions from the health sector. Key activities include conducting baseline studies and barrier analyses in 14 targeted countries, designing innovative blended financing instruments, and performing feasibility studies for investment projects in 7 countries. The programme is designed to support COP26 Health commitments and will be implemented in collaboration with the World Health Organization (WHO) and the Alliance for Transformative Action on Climate and Health (ATACH).
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Document type: Report
The South African Climate Finance Landscape 2023
This report by the Climate Policy Initiative analyzes the climate finance landscape in South Africa, detailing the gap between current financial flows and the estimated needs required to meet national and international climate targets. It breaks down the sources, instruments, and sectoral allocations of climate finance, highlighting the dominance of private domestic investment and the clean energy sector.
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Document type: Report
How to become an environmental lawyer in the UK
The document provides a roadmap for aspiring environmental lawyers in England and Wales, detailing the legal framework they will work within and the professional routes available. It explains the distinction between solicitors and barristers and identifies employment opportunities across the private sector, public bodies like the Environment Agency and DEFRA, and NGOs such as Greenpeace International and WWF-UK. Additionally, it highlights professional networks like the UK Environmental Law Association (UKELA) and the Environmental Law Foundation (ELF) as resources for training and collaboration.
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Document type: Guide
The Energy Transition Dialogues Communique
India aims to reduce GDP emissions intensity by 45% by 2030 and reach net zero by 2070, requiring an estimated US$2.5 trillion in investment by 2030 and US$10.1 trillion for the full transition. Despite a global high of US$1.3 trillion in clean energy commitments in 2022, the document argues that current investment trajectories are insufficient to meet Paris Agreement targets or India's specific needs.
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Document type: Statement
Joint statement on UNFCCC work programme on just transition pathways
A coalition of organizations representing business and financial institutions urges UNFCCC Parties at COP28 to operationalize the work programme on just transition pathways. The signatories argue that systemic inequalities pose a business risk and call for a framework based on social dialogue, labour rights, and 1.5°C-aligned pathways. They specifically recommend enhancing international cooperation and finance for the Global South, supporting SMEs, and utilizing ILO Guidelines as a policymaking reference.
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Document type: Statement
Reporting Guide: How to Cover COP28
The document outlines the primary objectives of COP28, including the conclusion of the first global stocktake and negotiations over climate finance. It highlights controversies surrounding the summit's presidency and provides a reporting framework centered on the 1.5 degrees C target, climate justice, and the climate emergency.
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Document type: Guide
Business urges government: go fossil to clean
The We Mean Business Coalition has convened 131 companies, representing nearly $1 trillion in combined revenue, to call on governments to phase out unabated fossil fuels and triple global renewable electricity capacity. The coalition argues that policy certainty and coherence are essential for businesses to meet science-based targets and develop affordable alternatives to fossil fuels. The group specifically urges governments to set clear phase-out timelines, commit to 100% decarbonized power, reform fossil fuel subsidies, and support a just transition in the Global South.
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Document type: Statement
Half of the world has passed peak fossil power
Half of the world's economies are at least five years past a peak in fossil power generation, with 107 economies representing 38% of global electricity demand having seen emissions fall by nearly 20% over the last decade. While the EU, Oceania, and North America are in a period of decline, Asia and the Middle East are the only regions yet to reach a peak, though individual countries like Viet Nam and Japan show progress. The report emphasizes that the expansion of wind and solar is the primary driver of fossil fuel displacement, noting that without these technologies, power sector emissions would be 20% higher.
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Document type: Report
Principles for global fossil fuel phase-out
The We Mean Business Coalition outlines a framework for a just transition to clean energy, requiring the phase-out of unabated thermal coal, oil, and gas by 2040 at the latest. The principles demand that corporate energy consumers and producers publish Climate Transition Action Plans (CTAPs) with interim targets, while financial institutions must immediately end funding for coal value chains and new oil and gas exploration. Governments are urged to reach 100% decarbonized power systems by 2035 in advanced economies and 2040 elsewhere, with wealthier nations acting as first movers and supporting the Global South through finance and capacity-building.
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Document type: Statement
New analysis shows Indonesia’s public sector and international private capital hold potential to generate additional funding for just energy transition
The document argues that Indonesia's long-term Just Energy Transition program will require funding likely exceeding USD 200 billion over 10 to 15 years, far surpassing the USD 20 billion committed via the I-JETP. It proposes a "3+1" strategy to mobilize capital from multilateral development banks, international and domestic private capital, and the domestic public sector, including state-owned enterprises and private mining companies. While international liquidity is deemed sufficient to meet I-JETP targets, the report identifies the lack of bankable clean energy projects as the primary obstacle, calling for increased effort from the International Partners Group (IPG) and the Glasgow Financial Alliance for Net Zero (GFANZ) to build a project pipeline.
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Document type: Press release
We Don’t Need Another Interregional Transmission Study to Take Action
The policy brief contends that the US electricity grid is fragmented and unable to meet growing demand or integrate clean energy, with new projects facing interconnection delays of four years or more. It criticizes the Fiscal Responsibility Act of 2023 for mandating a three-year NERC study on interregional transmission instead of implementing concrete reforms. The author argues that the need for more transmission is already well-documented, citing a DOE meta-analysis of over 50 reports. The brief proposes three urgent actions: implementing a minimum interregional transfer capability requirement (suggesting 30 percent of peak demand), mandating strong interregional planning and cost allocation standards via FERC, and streamlining federal and state permitting processes to reduce the current 10-year average project timeline.
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Document type: Policy brief
Climate Change in the American Mind: Politics & Policy
The report finds that a majority of registered U.S. voters prefer candidates who support action on global warming and support various clean energy policies, including a transition to 100% clean energy by 2050. While there is broad support for the Inflation Reduction Act of 2022 after it is described, awareness of the law remains low. The findings highlight a significant trust deficit toward fossil fuel companies and a general perception that the U.S. government is not responding effectively to climate change. Despite this, actual political and consumer activism remains relatively low, and collective efficacy—the belief that citizens can influence government and corporate action—is limited to less than half of the electorate.
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Document type: Report
Climate Change in the American Mind: Politics & Policy
The report presents survey data from October 2023 on the attitudes of 906 registered U.S. voters. It finds broad support for clean energy policies and a preference for candidates who support climate action, though significant political polarization remains. While majorities support the Inflation Reduction Act of 2022 and transitioning to clean energy by 2050, trust in fossil fuel companies is low, and actual political and consumer activism remains relatively infrequent.
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Document type: Report
Principles for Global Fossil Fuel Phase-out
The We Mean Business Coalition's 'Fossil to Clean' campaign provides a framework for phasing out fossil fuels by 2040. It outlines specific requirements for demand-side companies to end unabated fossil fuel use, for producers to cease new exploration and reach near-zero methane emissions by 2030, for financial institutions to halt new fossil fuel funding, and for governments to decarbonize power systems by 2035-2040.
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Document type: Report
Hak Jawab untuk Tempo tentang penyelamatan orangutan Tapanuli, kera besar paling langka di dunia
Mighty Earth clarifies that it is an advocacy NGO, not a financial institution, and is campaigning against the Batang Toru dam and Martabe gold mine expansion in North Sumatra. The organization argues that the Batang Toru dam is unnecessary due to sufficient local electricity supply and poses risks to the Tapanuli orangutan, the world's rarest great ape, and local communities. Mighty Earth also disputes claims that it is indifferent to the Martabe gold mine, stating it has spent years advocating against the mine's expansion into orangutan habitats. The document calls for a comprehensive conservation and restoration plan for the Batang Toru ecosystem to support Indonesia's broader success in reducing deforestation.
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Document type: Statement
Right to Reply to Tempo on saving the Tapanuli orangutan, the world’s rarest great ape
Mighty Earth argues that the Batang Toru hydropower plant and the potential expansion of the Martabe gold mine threaten the Tapanuli orangutan, the world's rarest great ape. The organization denies claims that it offered financing schemes or has a business interest in the region, asserting its role as an independent NGO advocating for a moratorium on projects impacting the species and the implementation of a comprehensive conservation and restoration plan.
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Document type: Statement
Una Guía para Reportar Sobre las Soluciones Climáticas
The document argues that climate coverage must move beyond problem-focused reporting to include evidence-based solutions. It categorizes climate solutions into policy, economy, technology, civil society, and culture, urging journalists to prioritize the political and economic battles over purely technological fixes. The guide emphasizes the urgency for marginalized communities and provides specific examples, such as the US Inflation Reduction Act, to illustrate how to analyze the effectiveness and limitations of climate policies.
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Document type: Guide
Hey Investors: More Stable Power Bills, Richer Communities, and Increased Shareholder Returns Are Waiting
The briefing highlights the potential of the DOE's Energy Infrastructure Reinvestment (EIR) Program, a component of the Inflation Reduction Act (IRA), to provide low-interest loans for clean energy projects, workforce development, and grid upgrades. RMI argues that by leveraging EIR funding, IOUs can replace fossil assets earlier than planned, resulting in higher profits for shareholders and more stable power bills for customers. Despite these benefits, RMI's analysis of utility earnings calls indicates that IOUs are not yet discussing the EIR program with investors.
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Document type: Briefing
Implementing Solar Irrigation Sustainably
The document outlines a framework for implementing the Pradhan Mantri Kisan Urja Suraksha evam Utthaan Mahabhiyan (PM-KUSUM) scheme in India, specifically focusing on feeder-level solarization. It argues that while solarizing agricultural feeders can increase farm incomes and reduce the financial burden of electricity subsidies on distribution companies, implementation must account for the 'water–energy–food nexus' to avoid negative impacts on groundwater. The guide offers practical suggestions on financing, inter-departmental coordination, and the integration of innovative approaches like agrivoltaics to maximize social and environmental benefits for low-income and marginal farmers.
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Document type: Guide