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307 documents from We Mean Business Coalition
WMBC Response to EU Parliament Vote on EUDR
The We Mean Business Coalition criticizes the European Parliament's decision to delay the Deforestation Regulation (EUDR) by another year and exclude printed products from its scope. The Coalition argues that this creates market uncertainty, disadvantages companies that have already invested in compliance systems, and erodes the EU's credibility in addressing deforestation and nature loss.
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Document type: Statement
COP30 Statement for a Fossil Fuel Roadmap
A coalition of global businesses and organizations urges governments at COP30 to adopt a formal roadmap for phasing out fossil fuels and scaling renewables. The signatories argue that such a framework is essential to provide the policy certainty needed to unlock private investment, align financial flows with net-zero goals, and bridge the gap between political ambition and real-world implementation.
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Document type: Statement
COP30: We Mean Business Coalition statement on a fossil fuel roadmap
The We Mean Business Coalition supports the development of a fossil-fuel roadmap for COP30, arguing that such a framework can provide the clarity on targets and timelines necessary for long-term corporate investment. The Coalition emphasizes that for the roadmap to be effective, it must prioritize clean electrification, grid modernization, the removal of inefficient fossil fuel subsidies, and a co-developed process that addresses the differing needs of the Global North and South to ensure a just transition.
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Document type: Statement
How South Korea’s 2035 NDC can drive private sector action and investment
The document highlights the economic and legal imperatives for South Korea to strengthen its 2035 NDC, noting strong business support for a transition to renewables and a landmark Constitutional Court ruling requiring more robust climate targets to protect citizens' rights.
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Document type: Briefing
Peran Dunia Usaha dalam Mewujudkan NDC Indonesia 2035
The document examines the alignment of Indonesia's business sector with the 2035 NDC, highlighting a potential investment opportunity of USD 3.8 trillion. While over 100 Indonesian companies have adopted science-based targets, the report identifies significant barriers including regulatory uncertainty, fragmented institutional responsibility, and a lack of a standardized 'green investment' definition. It proposes solutions such as 'power wheeling' for renewable energy access, blended finance mechanisms, and sectoral decarbonization roadmaps for energy, industry, and transport to ensure the NDC is 'investible' and supports the national goal of net-zero by 2060.
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Document type: Report
SOUTH AFRICA’S 2035 NATIONALLY DETERMINED CONTRIBUTION: An opportunity to boost industrial competitiveness and attract investment
The document outlines the economic and environmental necessity for South Africa to raise its climate ambition in its second NDC. It emphasizes that transitioning from a coal-dependent economy to one powered by renewables is an economic imperative to avoid trade risks from Carbon Border Adjustment Mechanisms (CBAMs) and to unlock new industries like green hydrogen and electric vehicles. The briefing provides sector-specific recommendations for power, transport, and heavy industry, while stressing the need for deep public-private collaboration and the inclusion of SMEs to achieve a net-zero target by 2050.
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Document type: Briefing
Realigning incentives: The business case for an affordable, secure and clean energy transition
The document advocates for shifting the $1.1 trillion spent annually on fossil fuel subsidies toward clean energy technologies. It presents a business case where renewables-based power systems drive industrial competitiveness, attract private investment, and reduce exposure to volatile fuel markets. The report details how strategic incentives in China and India have accelerated EV adoption and suggests that power market reforms—such as decoupling electricity prices from natural gas—are essential to unlock the full potential of the energy transition.
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Document type: Report
Driving economic growth: How the UK’s climate targets unlock business action and investment
The UK has reduced emissions by 50.4% since 1990 while growing its economy by nearly 80%, with the net zero economy contributing £83.1 billion to GDP in 2024. However, the report identifies a 'policy implementation gap,' noting that as of June 2025, credible plans existed for only 38% of the reductions needed for the 2030 NDC. The document calls for a holistic approach to electrification, the creation of lead markets for green technologies, a national retrofit strategy for housing, and a comprehensive plan to close a green skills gap of up to 400,000 workers. It also emphasizes the need to align climate goals with nature recovery and to overcome political polarization by communicating the economic benefits of the transition to the public.
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Document type: Report
The Paris Agreement is working. Now it must work faster
The We Mean Business Coalition asserts that the Paris Agreement has created a shared global framework that made climate policy investible, leading to a surge in clean energy investment and the growth of renewables. Despite progress, such as renewables supplying nearly a third of global electricity and clean-energy investment surpassing $2 trillion in 2024, the document warns that overall ambition remains insufficient. It calls for governments to redirect fossil-fuel subsidies toward clean investment, reform energy markets, and deliver more credible Nationally Determined Contributions (NDCs) by COP30 to ensure a stable economic and climatic future.
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Document type: Statement
COP30 Business Group Statement
The We Mean Business Coalition calls on governments to redirect public finance away from fossil fuels and toward clean energy to unlock business investment. The statement argues that current national climate plans are insufficient and that removing approximately $1 trillion in annual fossil fuel subsidies is a critical economic strategy to ensure energy security and market fairness.
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Document type: Statement
Strong Policies Can Accelerate Business Action on the Just Transition
The We Mean Business Coalition and BSR propose five key policy areas—governance, workforce skills, stakeholder engagement, financing, and monitoring—to reduce investment risk and provide the clarity needed for multinational businesses to implement fair and inclusive climate action.
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Document type: Statement
Nature at COP30 Advocacy Toolkit for Business
The 'Nature at COP30 Advocacy Toolkit for Business' outlines five priority areas for corporate advocacy to bridge the gap between climate and nature agendas. It urges governments to end deforestation by 2030, align the three Rio Conventions, scale nature-positive finance via the 'Baku to Belém Roadmap', prioritize ecosystem-based adaptation within the Global Goal on Adaptation, and ensure inclusive governance for Indigenous Peoples and Local Communities (IP&LC). The document provides specific evidence on the economic value of forests and the funding gaps for nature-based solutions to support these asks.
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Document type: Guide
2035년 NDC 강화, 한국 산업경쟁력 열쇠
The document advocates for a science-based 2035 NDC for South Korea, proposing a minimum 61% reduction in greenhouse gas emissions compared to 2018. It emphasizes that clear, consistent policies across the power, industry, and transport sectors are essential to attract private investment and maintain global competitiveness, particularly in the face of regulations like the EU's CBAM. Key recommendations include accelerating renewable energy deployment to at least 100GW by 2030, phasing out coal power by 2035, strengthening the K-ETS carbon price, and accelerating the electrification of transport and heavy industry.
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Document type: Briefing
How South Korea ’s 2035 NDC can drive private sector action and investment
The document advocates for South Korea to set a 2035 emissions reduction target of at least 61% relative to 2018 levels to ensure alignment with its 2050 carbon neutrality goal. It emphasizes that a credible NDC must be supported by sectoral pathways in power, industry, and transport to provide the policy certainty required to unlock private sector investment. Key recommendations include phasing out coal power by 2035, reforming the Korea Emissions Trading System (K-ETS) to increase carbon price signals, and accelerating the deployment of breakthrough technologies like hydrogen steelmaking and electrified steam crackers. The briefing also stresses the importance of structured collaboration between the government, businesses of all sizes, and subnational authorities to ensure the NDC is investible and implementable.
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Document type: Briefing
We Mean Business Coalition statement on the UNSG Special Event on Climate
The We Mean Business Coalition states that current national climate plans, including those from China and the EU, fall short of the requirements for a 1.5 °C pathway and create investment uncertainty due to the use of ambition ranges rather than fixed commitments.
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Document type: Statement
Power Up: How Clean Energy Is Putting Fossil Fuel Demand in Doubt
The analysis argues that fossil fuel producers are overestimating future demand, as oil, gas, and coal are each expected to slow or peak in the coming years due to the rise of electric vehicles and renewable energy.
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Document type: Executive summary
Australia’s 2035 National Climate Plan: A Robust Climate Target for Economic Certainty and Global Credibility
The report advocates for Australia to set a 2035 emissions reduction target of at least 75% below 2005 levels, aligning with a 1.5°C pathway. It argues that such a target provides the predictability businesses need for capital allocation and infrastructure investment, while mitigating risks associated with fossil fuel dependence. The authors propose a comprehensive implementation framework including sectoral pathways, a National Climate Investment and Accountability Council, and blended finance platforms to drive the transition.
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Document type: Report
We Mean Business Coalition statement on business attendance at COP30
The We Mean Business Coalition urges companies to attend COP30 in Brazil, asserting that corporate presence provides essential innovation, capital, and operational expertise to accelerate the implementation of the Paris Agreement. The statement emphasizes that business engagement is necessary to signal policy needs to governments and to ensure an inclusive transition that protects livelihoods across value chains. While acknowledging logistical uncertainties in Belém, the Coalition encourages global businesses to join regional peers in Brazil to showcase scalable solutions in energy, industry, nature protection, and infrastructure.
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Document type: Statement
EU stays the course with EU 2040 target amendment
The We Mean Business Coalition supports the European Commission's proposed Climate Law amendment, which sets a 90% emissions reduction target for 2040. The Coalition argues that this target provides necessary predictability for businesses and enhances competitiveness, while urging that the Clean Industrial Deal be linked to this goal. It further advocates for the 2040 target to inform a 2035 Nationally Determined Contribution (NDC) of at least 72.5% and suggests that high-quality international carbon credits used after 2036 could provide essential finance for developing countries.
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Document type: Statement
THE EU’S NEXT NDC: AN OPPORTUNITY TO STRENGTHEN ENERGY SECURITY AND INDUSTRIAL COMPETITIVENESS
The report calls for the EU to adopt a 2035 NDC target of at least 72.5% emissions reduction, aligning with a straight-line path toward a 90% reduction by 2040 and net zero by 2050. It emphasizes that a robust, investible target, supported by the Clean Industrial Deal and sectoral policies in energy, transport, and industry, will reduce dependence on fossil fuel imports—which cost the EU EUR 376 billion in 2024—and enhance global competitiveness. The authors advocate for a 'competitive sustainability' approach and strengthened public-private collaboration, citing models from Denmark, Sweden, and the Netherlands to accelerate the transition.
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Document type: Report