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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.

ALL IN...

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

Events

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

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11 results

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Tuesday, 15 Nov

Live Updates from COP: A Conversation with Secretary Granholm, U.S. Department of Energy

Hosted by: Ceres

Moderator: Amit Bando, Chief Economist and Senior Advisor for Just and Inclusive Economics, Ceres

Ceres' Chief Economist and Senior Advisor for Just and Inclusive Economics, Amit Bando, will host a conversation with U.S. Department of Energy Secretary Granholm, centered on the Inflation Reduction Act, with a focus on energy and just transition.

Speakers:

Jennifer M. Granholm, U.S. Department of Energy Secretary

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Tuesday, 15 Nov
08:45 EET to 09:15 EET
Auditorium A

Exponential Climate Action in Supply Chains to halve emissions by 2030

Hosted by: Exponential Roadmap Initiative

We must halve emissions by 2030 to reduce the risk for irreversible climate change. Therefore, the goal is to accelerate halving by 2030 through all supply chains - starting immediately and scaling exponentially. The 1.5°C Supply Chain Leaders are taking action aiming at halving GHG emissions before 2030, requesting their suppliers to join in and supporting them on the journey. In this seminar:
How can we spread the ask exponentially to get all actors on the same compass direction to halve by 2030?
How can we make it easy and simple?
How can we develop and scale out the tools and best practices required to enable fast scaling?
Join us!

Speakers:

● David Wei, Managing Director, Climate and Nature, BSR
● Owen Bethell, Environmental Impact Lead Global Public Affairs, Nestle
● Johan Falk, CEO, Exponential Roadmap Initiative
● Peter Boyd, Founder & CEO, Time4Good Group
● Rasmus Valanko, Managing Director for Systems Transformation, We Mean Business Coalition

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Tuesday, 15 Nov
09:00 EET to 10:00 EET
Auditorium B

Overarching disclosure trends that signal global transformation toward a 1.5-degree aligned world

Hosted by: CDP

This event will draw attention to the current state of disclosure across various entities which include financial institutions, corporates, supply chains, cities, states, and regions. The need for global transformation to align with a 1.5-degree world will be the primary narrative of this event, with the importance of disclosure being central to drive transformative action supplementing this core message. The conclusion of this event will talk the urgent need of credible disclosures in providing the correct insights to implement transformative actions across the economy and geo-political landscape.

Speakers:

Amir Sokolowski, Global Director, Climate Change, CDP

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Tuesday, 15 Nov
10:00 EET to 11:00 EET
Auditorium A

Unlocking Potential: Working with Young People for a Just Transition

Hosted by: Student Energy

As pressure mounts for governments and industry to set and take action on ambitious, science-based targets that align with the scale of the climate crisis, investing in and working with young people might be a ‘missing piece’ to both accelerate the systems change that we need, and to ensure that this transition will be just and equitable.
Through an intergenerational panel and dialogue, this event will explore tangible ways that businesses can meaningfully partner with and support youth to amplify shared climate action policy objectives. Incorporating key insights from Student Energy’s global youth network of 50,000+ youth in 120+ countries, and case studies of successful partnerships, this dynamic discussion aims to generate a roadmap for business leaders on developing a youth strategy and equitably engage with young people.

Speakers:

Shakti Ramkumar, Kristen King

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Tuesday, 15 Nov
10:30 EET to 11:30 EET
Auditorium B

Green jobs in the energy transition

Hosted by: National Grid

This panel discussion will cover the economic benefits and jobs potential associated with key net zero technologies, with questions including:
What is the potential for green jobs and how do we ensure they are evenly spread across countries and regions?
What does the net zero industrial landscape look like and what new and emerging technologies will these roles be linked to?
What skills will be in demand, and what are industries doing to support the green jobs transition?
What is the role for governments in unlocking these roles?
How do we ensure a fair and just transition for those currently employed in high-carbon sectors?

Speakers:

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Tuesday, 15 Nov
11:30 EET to 12:30 EET
Auditorium A

E-Mobility for All

Hosted by: RMI

The global e-mobility transition is underway. New technologies and service models are driving the adoption of EVs at an accelerated rate around the world. In Africa, EVs tied to renewable mini-grids are multiplying. In the Caribbean, e-buses are delivering cleaner public transport at lower costs. The Shoonya campaign has super charged the adoption of EVs for ride-hailing and urban delivery in India. Our global panel of experts will explain how prioritising modes of transport that move most of humanity is one of the most tangible solutions to scale e-mobility globally to achieve our collective climate goals.

Speakers:

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Tuesday, 15 Nov
13:00 EET to 14:00 EET
Auditorium A

2030 Milestones Launch: Real-Economy, Industry-Backed Targets to Decarbonise Hard-to-Abate Sectors (and how to measure them)

Hosted by: Mission Possible Partnership

The Mission Possible Partnership will launch its 2030 Milestones for action in this decade to decarbonise heavy industry, and details of MPP's partnership with the Science-based Targets Initiative (SBTi) to simplify guidance and reporting for companies. Join our high-level panel to discuss the nuts-and-bolts of operational planning for net zero, as MPP releases detailed pathways for hard-to-abate industries that jointly contribute 30% of global greenhouse gas emissions. An alliance of climate leaders working in high-emitting sectors, will release real-economy milestones to guide practical action in this decade, MPP's sector transition strategies are endorsed by more than 200 industrial companies. This session will also explore how companies measure and report progress, building on MPP's partnership with the Science-based Targets initiative SBTi. The 2030 Milestones build on two years of analysis to map detailed pathways for action in this decade to achieve net zero by 2050, aligned to sectoral carbon budgets within a 1.5 degrees pathway. The panel will address bottlenecks in finance, policy and procurement - taking a hands-on, operationally relevant approach to these hydra-headed challenges. Guided by leading figures from industry and the energy transition, participants will roll up their sleeves for a deep-dive into the practical steps for decarbonising industries including aluminium, aviation, chemicals, concrete, shipping, steel and trucking.

Speakers:

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Tuesday, 15 Nov
13:30 EET to 14:30 EET
Auditorium B

Delivering on Transport Decarbonization: Companies, Cities, Regions and Countries Working Together

Hosted by: We Mean Business Coalition, SLOCAT, TDA & ITF

This event, a partnership between the MPGCA Transport Leads and We Mean Business Coalition, will highlight the progress made to date on zero emissions heavy duty vehicles (ZE-MHDVs) and the business action and policies needed to accelerate the decarbonization of on-road freight with deep dives on:
1) Zero Emission Urban Freight: highlight policies that drive decarbonization in urban freight: ZEZs and MDHD zero-emission trucks. Identify key steps for action and hurdles for countries, cities, regions and companies in implementing these policies
2) MHDV Charging: explore the financing needed to scale up charging infrastructure and the balance between private and public investment
3) Circularity: raise awareness of the importance of material availability and resilient supply chains and bridge the gap between private sector and policymakers

Speakers:

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Tuesday, 15 Nov
14:30 EET to 18:30 EET
Auditorium A

Accelerating a just transition in the energy and food systems

Hosted by: WBCSD

This session will bring together WBCSD partners and member companies to explore the critical role of business in working toward the realization of a just transition. It will explore leadership emerging in the energy, food and agriculture sectors, while also showcasing a robust framework for business action that the Council has developed for Inclusive Capitalism which can provide necessary guidance for companies.
The session will coincide with the launch of a new report coordinated by WBCSD, the Council for Inclusive Capitalism and PwC that will highlight a set of case studies and insights that will showcase and support emerging best practices to advancing a just transition across energy and food systems.

Speakers:

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Tuesday, 15 Nov
15:00 EET to 16:00 EET
Auditorium B

Live Updates from COP: A Conversation with PSEG and Vale on Energy and Just Transition Issues, Challenges, and Action

Hosted by: Ceres

Moderator: Amit Bando, Chief Economist and Senior Advisor for Just and Inclusive Economics, Ceres

Ceres' Chief Economist and Senior Advisor for Just and Inclusive Economics, Amit Bando, will host a talkshow style session on energy and just transition issues with Public Service Enterprise Group's (PSEG) Executive Chairman, Ralph Izzo and a senior representative from Vale Corporation. This session will be livestreamed.

Speakers:

Ralph Izzo, Executive Chairman, Public Service Enterprise Group's (PSEG)

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Tuesday, 15 Nov
16:30 EET to 17:30 EET
Auditorium B

The Powering Net Zero Pact: A global sustainability collaboration

Hosted by: SSE

Launched in May 2022 as a legacy of COP26, the Powering Net Zero Pact (“the Pact”) is an initiative created by SSE plc with 10 other founding partners. The Pact brings together companies across all tiers of the power sector globally – including civils, shipping, renewables, electrical engineering, and others – to achieve a fair and just energy transition to net zero.
The 11 founding partner companies – which, alongside SSE, includes: Balfour Beatty; DEME Group; GE Renewables; Hitachi Energy; NKT; RJ McLeod; Siemens Energy; Siemens Gamesa; Subsea 7; and Vestas – are focused on collaboration across five areas of ambition: achieving net zero carbon emissions; protecting and enhancing the natural environment; transitioning to a circular economy; guaranteeing fair work and sustainable jobs; and adding value to local communities.
Join this reception event to hear about the Pact’s progress, one year on.

Speakers:

Rachel McEwen, Chief Sustainability Officer, SSE

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Tuesday, 15 Nov
18:00 EET to 20:00 EET
Auditorium B

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COP26 Pavilion

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