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Civil Society FfD Mechanism Submission to FfD4 Elements Paper
The Civil Society FfD Mechanism calls for a fundamental overhaul of the global financial architecture through the establishment of several UN-led conventions and regulatory bodies. Key proposals include a UN Framework Convention on International Tax Cooperation to create a fairer tax system, a UN Framework Convention on Sovereign Debt to resolve debt crises, and a UN Convention on International Development Cooperation to shift the narrative from charity to justice and reparations. The submission advocates for the cessation of Investor-State-Dispute-Settlement (ISDS) provisions, the regulation of Credit Rating Agencies via an ECOSOC Commission, and the immediate cancellation of unsustainable and illegitimate debts. Furthermore, it demands a transition away from GDP-centric growth models toward ecological stability, urging Global North countries to provide additional, grants-based climate finance rather than loans.
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Document type: Statement
Policy recommendations for green and social ambition in EU textiles policies
The Changing Markets Foundation argues that the 2022 EU Strategy for Sustainable and Circular Textiles lacked sufficient ambition and calls for binding material footprint targets, a ban on the destruction of unsold goods, and mandatory disclosure of production volumes. It advocates for the decarbonisation of supply chains through financial support for Global South suppliers and the implementation of a textile-specific Unfair Trading Practices (UTP) directive to protect workers' rights and living wages. Additionally, the brief recommends strengthening the Substantiating Green Claims directive to require ex-ante verification of environmental claims and the inclusion of social impact data in Digital Product Passports.
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Document type: Policy brief
Participatory processes for adaptation plans, urban resilience and water security
The document advocates for the G20 to promote participatory processes in climate adaptation planning at the subnational level, particularly for water resource management in the Global South, to ensure long-term public commitment and inclusive governance.
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Document type: Policy brief
The Failure of the Current Multilateral System
The statement contends that global governance is dominated by corporate interests and a few powerful nations, marginalizing the Global South and failing to solve crises like climate change. It criticizes the upcoming Summit of the Future as a likely exercise in maintaining the neoliberal status quo. The authors advocate for a democratic global government that abolishes the UN Security Council veto, restructures the IMF and World Bank, reforms trade and intellectual property regimes to support the Global South, and establishes accountable data and AI governance.
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Document type: Statement
Joint Statement Why carbon offsetting undermines climate targets
The document contends that carbon offsetting provides a 'social license' for high-emitting activities to continue and fails to address the root cause of climate change. It highlights systemic quality issues in carbon crediting, such as lack of additionality and non-permanent removals, and argues that the limited supply of high-quality credits cannot meet demand. The authors call for voluntary and regulatory frameworks to exclude offsetting from interim emission reduction targets, citing the European Sustainability Reporting Standards (ESRS) and UN HLEG recommendations as models for maintaining ambition.
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Document type: Statement
WMBC RESPONSE TO US GOVERNMENT ANNOUNCEMENT ON THE ROLE OF VCMS
The We Mean Business Coalition welcomes the US Government's new principles for voluntary carbon markets (VCMs), asserting that high-integrity carbon credits are an integral part of a Paris-aligned solution. The Coalition emphasizes that VCMs should complement, not replace, the direct decarbonization of value chains, and should help direct finance toward nature-based solutions and the global south.
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Document type: Statement
Green Hydrogen for Sustainable Development: The Role of Multilateral Development Banks
The report argues that market forces alone cannot guarantee sustainable development from green hydrogen, necessitating a proactive role for multilateral development banks (MDBs). It proposes a framework to move MDB lending beyond 'do no harm' toward prioritizing value addition for producer countries. The analysis includes a Sustainable Development Impact Matrix and evaluations of four specific financing cases: the African Development Bank in Namibia, the World Bank in India, the European Investment Bank’s Green Hydrogen Fund, and Team Europe’s H2Global Instrument.
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Document type: Report
G7 fossil fuel phase out
The We Mean Business Coalition calls on G7 nations to lead the global energy transition by embedding specific phase-out timelines for unabated fossil fuels into their new Nationally Determined Contributions (NDCs). The statement advocates for the decarbonization of power systems by 2035, the tripling of renewable energy capacity by 2030, and the reform of fossil fuel subsidies by 2025. It emphasizes that early transition will enhance long-term competitiveness, energy security, and public health, while urging G7 countries to provide finance and capacity-building to the Global South for 1.5°C-aligned economic pathways.
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Document type: Statement
We Mean Business Coalition response to SBTi statement on approved use of environmental attribution certificates to address Scope 3 emissions
The We Mean Business Coalition welcomes the Science Based Targets initiative's (SBTi) updated guidance allowing environmental attribute certificates, such as carbon credits, to be used for Scope 3 emissions. The Coalition argues that this reform provides companies with necessary clarity and tools to accelerate value chain decarbonization while increasing funding for climate projects in the Global South.
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Document type: Statement
Friends of the Earth International demands for the binding treaty on plastics
Friends of the Earth International calls for a legally binding global Plastics Treaty that prioritizes the full lifecycle of plastics, specifically targeting upstream production controls. The organization demands a mechanism to cap and phase down global plastic production, a ban on plastic waste exports from the Global North to the Global South, and the accountability of transnational corporations. The proposed framework rejects 'false solutions' like chemical recycling and plastic offsets, instead advocating for a 'Zero Waste Hierarchy' and a just transition that protects human rights and provides grant-based finance for the Global South.
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Document type: Statement
Les Amis de la Terre International demandent le traité contraignant sur les plastiques
Friends of the Earth International calls for a legally binding global plastics treaty that moves beyond voluntary measures to implement strict production caps, ban waste exports from the Global North to the Global South, and hold multinational corporations accountable. The organization advocates for a 'zero waste hierarchy' and a just transition that protects human rights and provides grant-based financing for developing nations.
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Document type: Statement
Demandas de Amigos de la Tierra Internacional en el Tratado Vinculante sobre Plásticos
Friends of the Earth International calls for a legally binding global treaty that addresses the full life cycle of plastics, specifically demanding mandatory targets to reduce global production, a ban on plastic waste exports from the Global North to the Global South, and the accountability of transnational corporations. The organization rejects 'false solutions' like chemical recycling and plastic offsets, advocating instead for a 'zero waste hierarchy' focused on reduction, reuse, and redesign. It further demands a just transition for waste workers, the application of 'common but differentiated responsibilities' for financing in the Global South via grants, and strict transparency regarding the chemical composition of plastics.
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Document type: Statement
Reframing AI governance through a political economy lens
The paper critiques the current AI landscape, highlighting the dominance of 'Big Tech' and the 'bipolar geo-economic context' of the US and China. It argues that 'Responsible AI' frameworks often serve as a means for powerful actors to 'diffuse accountability'. The author proposes a 'supra-liberal framework' for governance, the creation of an 'AI commons' to democratize resources, and the integration of sustainability considerations to mitigate AI's 'massive carbon footprint'.
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Document type: Research paper
Puesta en marcha del Fondo para Pérdidas y Daños
The report outlines a framework for the Loss and Damage Fund's design, emphasizing the need for diversified funding sources, simplified access for marginalized communities, and a governance structure that prioritizes grants and local leadership. It argues for a comprehensive approach that complements existing humanitarian and development aid rather than creating rigid new categories.
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Document type: Executive summary
تفعيل صندوق الخسائر والأضرار: التعلم من فسيفساء التمويل
The document argues that the Loss and Damage Fund should avoid the bureaucratic hurdles of traditional climate finance by adopting flexible, grant-based mechanisms and inclusive governance. It emphasizes the need for direct access for local NGOs and marginalized communities, particularly in fragile states and Small Island Developing States (SIDS), while integrating with existing humanitarian and development flows to ensure a comprehensive response to climate-induced losses.
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Document type: Executive summary
COP28: Businesses urge governments to phase out fossil fuels
A coalition of companies representing over $1.6 trillion in annual revenue calls on governments to phase out unabated fossil fuels, decarbonize power systems by 2035 in advanced economies and 2040 elsewhere, and provide financial and capacity-building support to the Global South for a just transition.
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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
REDD+ FAQ
The document defines REDD+ and traces its evolution from a UNFCCC results-based finance mechanism to the use of private standards like the Voluntary Carbon Standard (VCS) for generating tradable carbon credits. It asserts that REDD+ projects, primarily located in the Global South, frequently overestimate their climate impact due to methodological flexibility in baseline setting, leakage, and permanence. The author argues that biological carbon storage cannot fully offset fossil fuel emissions and calls for more stringent, science-aligned standards and alternative financial avenues for forest conservation.
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Document type: Fact sheet
Honoring the Legacy of Professor Saleemul Huq: A Champion of Climate Justice
The Global Resilience Partnership (GRP) commemorates Professor Saleemul Huq, describing him as a global advocate for climate action and climate justice who focused on protecting people in the Global South. The statement notes his leadership roles within GRP, including chairing the Advisory Council and supporting the Resilience Hub and South to South Resilience Academies.
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Document type: Statement
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