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COP27 Business Pavilion for Climate Leadership

We Mean Business Coalition hosted a pavilion in the Blue Zone, with WBCSD and 70+ partner organizations, to bring an ambitious and coordinated business voice to COP27.

If you missed a livestreamed session, recordings are available to watch here.

Read the We Mean Business Coalition Statement on COP27 outcomes here.


For climate action to reduce emissions

We need governments and business to double down on the action needed to avoid ever-growing human suffering and overwhelming economic costs. This is the moment to problem solve, overcome barriers and deliver emissions cuts.  

See how business is delivering, and how to accelerate action.

We know what needs to be done across sectors by 2030, including: 

Political progress

At COP27, forward-looking businesses wanted progress across the three key themes of the Egypt Presidency.

'The world can no longer wait.' Statement on behalf of We Mean Business Coalition ahead of COP27

To deliver on their climate ambitions, businesses need national governments to urgently set strong policies across systems. Business also relies on government to deliver international solidarity between countries.  

  • Mitigation to cut emissions

    1. Countries re-emphasize the need for Nationally Determined Contributions (NDCs) and 2030 goals to be in line with a 1.5°C pathway and the latest science to halve global emissions by 2030 as agreed at COP26, and commit to take action accordingly.

    2. Countries or groups of countries make mitigation commitments in support of sector/systems transitions, in particular, to accelerate the just transition to clean energy and protect and restore nature.

    3. The Mitigation Work Program for 2030 agrees to short-term urgent actions, a sectoral focus within its scope and recognizes the important role of non-state actors, including business, in sectoral decarbonization.

    4. The Global Stocktake (GST) is designed and implemented in a robust manner to ensure that Parties’ level of ambition matches the action needed to achieve the 1.5°C objective:

    • GST design reflects a strong purpose to accelerate global ambition, inclusivity and an evidence-based approach.
    • Non-Party Stakeholder action should be integrated into the GST through Biennial Transparency Reports, alongside direct submissions to the GST.
  • Adaptation and building resilience

    1. COP27 elevates adaptation and building resilience, including the needs of access to finance, technology and capacity

    2. Tangible process is made in the 2-year work program launched at COP26 to develop a Global Goal on Adaptation

    3. Finance by developed countries towards adaptation increases. Specifically, public financing from developed countries to support developing countries reflects a 50:50 split towards climate mitigation and adaptation

    4. Loss and Damage (L&D) is on the formal agenda of COP27, and progress is made on:

    • Recognition of impacts being felt already and need for collective response
    • Finance pledges and instruments – COP27 may see some governments coming forward with new pledges for finance to address Loss and Damage, as well as several Parties will call for the development of a Loss and Damage facility under the UNFCCC that will ensure that L&D issues are treated in a holistic manner. 
  • Finance

    1. Countries deliver on public finance now to unleash private sector investments that immediately help reduce emissions and impacts

    2. Countries deliver on the USD 100 billion per year international public climate finance commitments for developing countries’ climate mitigation and adaptation efforts

    3. Countries commit to future public finance with concrete steps towards agreeing a New Collective Quantified Goal post-2025 on financing from developed countries to support developing countries

    4. Countries make progress on pathways to align financial decisions and flows with 1.5°C scenarios:

    • Reform fossil fuel subsidies by 2025 with plans to repurpose those towards energy efficiency, renewable energy and other measures to support a people-centered and equitable clean energy transition
    • Put a meaningful price on carbon and implement the Article 6 rules
    • Make climate-related environmental disclosure mandatory for corporations 

Impressions from the Business Pavilion


Browse our COP27 Business Pavilion events, hosted in collaboration with We Mean Business Coalition sponsors and supporting partners.

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Monday, 14 Nov

Informing vs Editing Choice: what's best to shift demand?

Hosted by: Consumers International

Demand-side changes are increasingly seen as key to climate mitigation efforts. This means all of us making changes to how we consume in our daily lives. What is needed to trigger this radical shift to sustainable consumption? Is better information the solution, such as labelling that scores the environmental impacts of products? Or should changes be made to the choices that consumers are confronted with in the first place, for example through retailers setting stringent requirements on suppliers? Using food as a case study, this event will debate these contrasting approaches and explore when one might be more appropriate and why.


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Monday, 14 Nov
08:30 EET to 09:30 EET
Auditorium A

Women get on board - sustainable and inclusive transport!

Hosted by: International Union of Railways - UIC

A moderated discussion between female leaders in the rail and mobility industries on the important role of women in transforming and decarbonising transport, working towards a more gender balanced workforce and ensuring a just transition and to better meet the needs of all passengers. Panelists will discuss particular local challenges and speak about how the required transformation can be accelerated through increased global collaboration, putting forward the key benefits of policies that promote the use of public transport and rail as a way of achieving climate goals, and boosting accessibility and inclusion. The discussion will put forward the key benefits of policies that promote the use of public transport and rail as a way of achieving climate goals, and boosting accessibility and inclusion.


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Monday, 14 Nov
09:00 EET to 10:00 EET
Auditorium B

A bioeconomy in the Amazon: what role businesses can play?

Hosted by: World Resources Institute Brasil

Climate action in the Amazon biome entails businesses taking the lead in endorsing new economic options for the region. Options that support legal enforcement, zero deforestation and a just transition. The New Economy of the Amazon – Brazil (NEA-BR) is a WRI Brasil and NCE project that promotes bioeconomy as a major factor in the just transition of the region to a low carbon economy. In the event we will explore how the business sector can lead this transition and what risks and opportunities must be mapped early on. Bioeconomy has the potential to improve quality of people’s life and create green jobs that would leverage the region’s natural wealth and human development. For more information, please access this publication:


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Monday, 14 Nov
10:00 EET to 11:00 EET
Auditorium A

Renewed Ambition in the face of current multiple crises

Hosted by: Iberdrola

Boosting the development of renewables and smart climate solutions across all sectors of economy is key to succeed transition towards a decarbonized economy. In this sense, Iberdrola, firmly believes that an accelerated transition is technologically possible, economically viable and socially necessary. As a global leader in renewable energies, contributing to achieve the climate goals set by the Paris Agreement, Iberdrola is continuously working to improve its ambition and deliver efficient climate solutions across all sectors of economy, integrating climate action and protection of biodiversity to strengthen Iberdrola's leadership in sustainability.


WMB; Iberdrola; IEA; Birdlife International

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Monday, 14 Nov
11:30 EET to 12:30 EET
Auditorium A

Joint statement between green hydrogen and shipping actors: Activating progress towards 1.5C.

Hosted by: Climate Champions Team; UN Foundation; University College London

Moderator: Susan Ruffo, UN Foundation

Over 80% of goods are moved by ship, producing approximately 3% of global GHG emissions. This will grow rapidly without major interventions. A leading path to decarbonizing shipping is transitioning to green hydrogen and derived fuels, produced with renewable energy. But will there be enough green hydrogen? The answer is a resounding yes. And with the right support, shipping could be a powerful first mover market for fuels of the future. We will launch a joint statement between green hydrogen and shipping actors committing to help activate this green hydrogen/hydrogen fuels supply and demand cycle needed to mutually catalyze progress towards 1.5°C alignment. We will also hear what is needed to make that happen from green hydrogen producers, shipping companies, governments, financers, and companies that move products by sea.


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Monday, 14 Nov
12:00 EET to 13:00 EET
Auditorium B

How can companies step up their ambition to contribute to an inclusive just transition?

Hosted by: World Benchmarking Alliance

Moderator: Vicky Sins, Decarbonization and Energy Transformation Lead, World Benchmarking Alliance

This session will present WBA and the Council for Inclusive Capitalism’s just transition insights and bring together voices from the private sector from across various regions; from specialists in human rights and company performance; and from the investor perspective on just transition.


Siti Rafidah Moslim, Corporate Responsibility Head, Petronas (Malaysisa)
Meredith Sumpter, CEO, Council for Inclusive Capitalism
Nils Askaer, Head of Policy, Orsted
Chelsea Hodgkins, Climate, Energy and Gender Justice Policy Advisor, Oxfam Americas
John Lindberg, Public Affairs, ICCM

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Monday, 14 Nov
13:00 EET to 14:00 EET
Auditorium A

How can international initiatives solve the main bottlenecks of MHDV electrification?

Hosted by: Smart Freight Centre

There are several bottlenecks when it comes to the electrification of medium- and heavy-duty vehicles (MHDV), as well as several international initiatives which are working on solving those bottlenecks. However, it is not easy to understand who is doing what and how these initiatives are working together to speed up the electrification of MHDVs. This event is part of a series of events taking place at COP27 to highlight ambition and action on the road to zero-emission transport.


Opening remarks:
Christoph Wolff, CEO, Smart Freight Centre

Session 1:
Andrea Debbane, Head of Global Sustainability, K+N
Andreas Foller, Head of Sustainability, Scania
Karim Mousa, Senior Vice President Electric mobility business in the Middle East, Siemens
Francisco Laverón Simavilla, Head of Energy Policy, Iberdrola

Session 2:
Rik Arends, SFBA Director, Smart Freight Centre, representing the Sustainable Freight Buyers Alliance, GLEC and Clean Cargo
Helen Clarkson, CEO, Climate Group, representing EV100+ initiative
Cristiano Facanha, Global Director, CALSTART, representing Global MoU, Drive Electric Campaign and other CALSTART initiatives
Angie Farrag-Thibault, COP27 Climate Champion and Sustainable Freight Portfolio Lead, WEF, representing the First Movers Coalition and the Road Freight Zero initiative

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Monday, 14 Nov
13:30 EET to 14:30 EET
Auditorium B

Paris-compatible sector benchmarks to help in defining national and corporate climate action

Hosted by: NewClimate Institute

The event presents and discusses the results of multiple years of work to develop and update Paris-compatible sectoral benchmarks. Sectoral benchmarks break down the mitigation objectives under the Paris Agreement to the sectoral level and hence make them more accessible to a broader audience. Those benchmarks aim at helping decision makers to assess if recent developments and future targets of countries, as well as non-state and subnational actors, are compatible with the Paris Agreement’s long-term temperature limit. Beyond providing the benchmark, they also enlighten on the road to achieve Paris compatibility by highlighting policies and other underlying drivers needed.


Silke Mooldijk (NewClimate Institute), Claire Fyson (Climate Analytics)

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Monday, 14 Nov
14:30 EET to 15:30 EET
Auditorium A

How Business Can Enable Energy Transitions for a 1.5°C Future: how the private sector can catalyze innovations in the renewable energy transition

Hosted by: We Mean Business Coalition & IRENA

Moderator: Rasmus Valanko, Managing Director, Systems Transformation, We Mean Business Coalition

This event, a partnership between IRENA, the MPGCA Energy Lead, and the WMBC will highlight how the private sector can catalyze innovations in the renewables-centered energy transition towards a 1.5°C future. This event will emphasize the role of business in bringing to life the types of game-changing innovations that will be showcased the next day during the MPGCA Energy Action Event. The discussions will highlight the importance of action, finance, and collaboration in accelerating energy transitions.


Session 1: Looking Over the Horizon
● Ben Backwell, CEO, Global Wind Energy Council
● José Donoso, Chairman, Global Solar Council
● Jens Jaeger, Director of Policy and Business Development for the Alliance for Rural Electrification
● Julia Souder, Executive Director, LDES Council

Session 2: REN21: Driving Transformation: Facts, Communication and Power
● Omar Elmawi, Coordinator, Stop EACOP Campaign
● Sherif El Gabaly, CEO, ENARA
● Jean Pascal Van Ypersele, Professor of Climatology and Environmental Sciences at Université Catholique de Louvain and former Vice President of the IPCC
● Cécile Texier, VP Sustainable Development and CSR, Alstom
● Megan Darby, award-winning reporter and editor covering the international politics of climate change

Session 3: Green Hydrogen Implementation Lab
● Tom Hautekiet, Chief Commercial Officer, Port of Antwerp-Bruges
● Katie Jereza, Vice President of Corporate Affairs, EPRI
● Bernhard Mauritz Stormyr, VP Sustainability Governance, Yara Finance
● Zoe Knight, Group Head, Centre of Sustainable Finance and Head of Climate Change MENAT, HSBC

Session 4:
● Claire Behar, Commercial Director, Hy Stor Energy
● Alex Hewitt, Co-CEO CWP Global / Chair, Green Hydrogen Catapult
● Occo Roelofsen, Founding Partner, Power2X

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Monday, 14 Nov
15:00 EET to 19:00 EET
Auditorium B

Scaling science-based decarbonization across the value chain

Hosted by: Science Based Targets initiative (SBTi)

Scope 3 makes up the majority of companies’ emissions. It is therefore essential that we tackle them in order to avoid global temperatures reaching catastrophic levels. Join us to learn more about the challenges companies face with scope 3 today and the next steps the SBTi is taking to overcome them.


Alberto Carrillo Pineda, Chief Technical Officer (CTO) of the SBTi

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Monday, 14 Nov
16:00 EET to 17:00 EET
Auditorium A

Raising Business Ambition to Accelerate a Just and Inclusive Transition to Net Zero

Hosted by: We Mean Business Coalition Business, Just Transition Taskforce and PwC

The We Mean Business Coalition is dedicated to ensuring that the world economy is on track to limit global warming to 1.5°C in ways that deliver sustainable economic growth and shared prosperity. Reaching a net-zero economy by 2050 cannot be achieved without a just and inclusive transition, which being both a process and outcome, fully captures the need for a social contract to affect lasting change for people and the planet. Businesses are essential in advancing a just and inclusive transition to a net-zero economy by mitigating negative impacts and maximizing social and economic opportunities for their workers and communities in which they operate, and by building resilience in their supply chains. This panel will explore the role that business action and advocacy can play in supporting the global agenda for a just and inclusive transition as well as some of the key challenges and barriers to date. Panelists will also discuss how businesses can increase ambition for a just and inclusive transition, work alongside governments and worker organizations to support the development of enabling policy environments, and what role business may have in supporting unique public-private partnerships on the just transition (JETP) around the world, including via capital mobilization.


María Mendiluce, CEO, We Mean Business Coalition
Mary Robinson, President of the Mary Robinson Foundation, Former President of Ireland
Vic Van Vuuren, Assistant Director General Jobs & Protection at the International Labour Organization
Gonzalo Sáenz de Miera, Global Director of Climate Change and Alliances at Iberdrola
Hon. Dr. Henry Kokofu, Climate Vulnerable Forum Special Envoy for the Ghana Presidency

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Monday, 14 Nov
17:30 EET to 18:30 EET
Auditorium A


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