It’s time to get serious about climate change.
We believe climate change is one of the greatest risks to our global economy. But tackling it is also one of the world’s biggest economic opportunities.
Floods and droughts, increasingly severe weather events and soaring pollution levels are already impacting operating models, adding uncertainty to the marketplace or increasing the cost of doing business.
Inaction puts the economy and people at risk. Unchecked climate change will affect millions of people around the world.
We need bold action if we are to limit temperature increase to below 2°C and avoid the worst effects of climate change. And we need it now.
And we mean business.
Businesses are starting to rise to the challenge. Global investment in clean technologies is now up to $300 billion a year. The low carbon economy is now a $4 trillion reality – growing at nearly 4% a year. Reducing CO2 emissions is a smart business decision – and offers business an average of 33% ROI. And more than 100 companies have integrated a 'shadow carbon' price into their business strategies, in the expectation of an external price on carbon in the near future.
This is good, but it’s just a start.
We need more businesses to take action. And to help businesses plan for – and invest in – the low carbon economy, we need government to work with us and provide a clear, long-term framework.
"We Mean Business" is a group of some of the world’s most influential business coalitions working to drive climate action.
We are joining together to encourage businesses to go further - and create bold new initiatives that will reduce emissions and strengthen adaptation.
And we are calling for national and international policies that will continue to scale-up clean energy and energy efficiency, unleash low carbon innovation and send the right price signals to drive investment in clean technologies.
In the coming weeks, we will be inviting more businesses to join us. Please click here if you are interested in learning more about "We Mean Business".
It’s time to recognize that meeting the climate challenge is not only a serious challenge - but that it is also one our greatest economic opportunities.