#Brazil #climate action #COP30 #We Mean Business #Belém

Global Business Coalition Showcases Climate Benefits

At the COP30 conference held in Belém, Brazil, a significant event unfolded as a global coalition of businesses came together under the banner of the We Mean Business Coalition (WMBC). This initiative aimed to highlight the substantial benefits derived from climate actions, including job creation, energy security, and economic growth. As negotiations at the COP30 progressed, hundreds of companies across various sectors participated in a worldwide digital mobilization that showcased how climate leadership translates into real economic advantages.

The WMBC coordinated this unprecedented event, in partnership with the Global Renewables Alliance, Mission Possible Partnership, Energy Efficiency Movement, and the World Business Council for Sustainable Development, among others. This coalition emphasizes the critical role that businesses play in transitioning to clean energy and asserts that pursuing environmental sustainability is also an economically sound strategy.

María Mendiluce, CEO of We Mean Business Coalition, remarked, "Businesses across all sectors are demonstrating measurable benefits from climate action. From cost reductions to stronger, more resilient supply chains, these measures enhance our competitiveness. Companies want to discuss the realities of the current economy and the vast opportunities presented by accelerating the transition to clean energy."

Throughout the 24-hour activation, participating companies shared an array of data, case studies, and success stories focusing on how climate action fosters job creation, enhances energy security, lowers consumer costs, and stimulates community growth. These narratives were disseminated using the hashtag #JobsSecurityGrowth, effectively sparking dialogues around efficiency and innovation in business practices.

A noteworthy example of collaboration in climate action was illustrated by Nordic companies Alfa Laval, SSAB, and Outokumpu. They collaborated on developing an innovative heat exchanger made from low-emission carbon steel and stainless steel that delivers record reductions in CO2 emissions. This joint venture signifies the importance of partnerships between suppliers and manufacturers, showcasing the potential of low-carbon manufacturing in generating jobs.

The WMBC's mission extends beyond just sharing successes; it sends a strong message to governments worldwide. The coalition reminds policymakers that establishing clear, predictable frameworks is essential for accelerating progress toward a net-zero, nature-positive economy. The strong presence of businesses willing to take action reinforces the notion that robust climate policy will foster an environment conducive to growth.

In conclusion, the gathering of business leaders and the sharing of impactful climate action narratives at COP30 serves as a pivotal moment. It illustrates not only the economic potential of transitioning to sustainable practices but also the collective commitment of the private sector toward addressing climate change. The efforts of the We Mean Business Coalition and their partners mark a critical step in shaping a sustainable future characterized by innovation, collaboration, and an unwavering commitment to the planet’s health. As we move forward, the emphasis on shared success stories becomes central to motivating other businesses and governments alike to engage actively with climate goals, thereby ensuring a resilient and prosperous future for all.