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We Mean Business Coalition at COP28

We Mean Business Coalition is hosting the Business Pavilion for Climate Leadership in the Blue Zone to bring an ambitious and coordinated business voice to COP28 in Dubai. 

Business Pavilion events | Policy asks | Fossil to Clean | Sponsors and partners

With our partners and leading businesses, we will drive ambitious policy outcomes and accelerated corporate climate action. Our message is clear: Incremental change is not enough. We need to go all in at scale. Don’t wait for too late. 

All in means business and government collaboration on bold policies and incentives for climate action across all sectors to deliver a just transition from fossil fuels to economies powered by clean energy. It means well-regulated high integrity voluntary carbon markets. And it means support for companies of all sizes and geographies to reach net-zero.

See the schedule of events and livestream from the Business Pavilion

COP28 events listing

COP28 policy asks

COP28 hosts the final political phase of the first Global Stocktake, which assesses progress made since the adoption of the Paris Agreement and informs the next round of nationally determined contributions (NDCs) to be agreed in 2025. 

COP28 must signal an urgent course correction on climate change and the global economy’s fossil fuel addiction, sending a clear signal to all governments on the need to immediately implement climate policies.

Business calls on governments meeting at COP28 to: 

Land a global agreement  to phase-out unabated fossil fuels, in parallel with clean targets to triple renewable energy capacity and double the deployment of energy efficiency.  These are critical to inform countries’ strengthened, high quality NDCs by 2025 in line with a 1.5°C trajectory and halving global emissions by 2030. 

Agree a forward-looking outcome for the first Global Stocktake that signals the course correction needed to bring the global economy to a  1.5°C trajectory, and sets the scene for new, strategic forms of public-private partnership.

Progress towards a non-state actor accountability framework that supports greater recognition and accountability of business climate commitments and actions, drawing on the best existing target-setting and accountability initiatives and encouraging business climate leadership and action from companies at all stages of their journey towards net-zero. 

These outcomes must be underpinned by policies for:

  • accelerated financial flows towards 1.5°C and support for developing countries to transition,
  • alignment between policies on climate, biodiversity loss and nature, and
  • a just and equitable net-zero transition for workers and communities. 

 

Read our COP28 policy asks in full

COP28 policy asks
 

Don’t wait for too late

Progress is happening. The opportunities are unmissable.

Progress and opportunities

Read the IPCC's special report on climate change and land

Changing the way land is used in value chains can turn it from creating ¼ of global emissions to a carbon sink

Visit the SME Climate Hub

SMEs represent ~90% of all businesses globally. Supporting SMEs to cut their emissions is key to net zero.

Read IEA's Global EV Outlook 2023

EV sales hit 10 million in 2022 and are expected to grow by another 35% in 2023.

Get the latest insights from our Corporate Climate Stocktake

Mid-mile distribution electric trucks will reach total cost of operation parity with ICE trucks by 2027.

Get the latest insights from our Corporate Climate Stocktake

75% of European and North American business leaders say they can shift away from blast furnace steel by 2050.

Get more insights from Ecosystem Marketplace

Companies engaged in the voluntary carbon market spend three times more on emissions reduction activities.

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Fossil to Clean

As we head into COP28, conditions are aligning for a historic shift. For the first time, at COP27, more than 80 countries rallied behind a call to phase-out all fossil fuels. In 2023, the EU and G7 committed to promote a global phase-out of unabated fossil fuels. 

Over 130 companies representing nearly $1 trillion in global revenue are urging national governments to address the primary cause of climate change: burning fossil fuels.  Decisive action by business can help embolden policymakers to enact policies for phasing in clean solutions and phasing out fossil fuels on a science-based timeline.

 

Business action

Every business can act. Every business is a catalyst for change. Don’t wait for too late. 

Tools and resources

Get the latest insights from our Corporate Climate Stocktake

The Corporate Climate Stocktake offers a unique snapshot of corporate climate action today across 8 sectors

Visit the SME Climate Hub

The SME Climate Hub empowers small to medium sized companies to take climate action and build resilience

Find out more about the Supplier Cascade

The Supplier Cascade gives companies a manageable way to cut Scope 3 emissions with Tier 1 supplier engagement

Learn about the 4 A's of Climate Leadership

Accelerate your climate journey with our step-by-step guide

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With thanks to all our COP28 Business Pavilion Sponsors and Supporting Partners

COP28 sponsors and partners

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Contact Us

For more information or to reach the Business Pavilion team.

Get in touch
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COP27 Pavilion

Learn more about last year's Pavilion and its events.

COP27 Pavilion
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