We Mean Business Coalition’s Post

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📢 Now in its sixth year, London Climate Action Week 2024 marks the midpoint in the global climate calendar. With this in mind, the We Mean Business Coalition team engaged in a dynamic discussion on how to catalyze change both immediately and in the future across multiple areas:      With #SMEs front and center in discussions, Lydia Elliott joined in discussions at "Financing corporate transitions: increase access to climate finance through supply chains" at PwC. Large corporates, financial institutions and NGOs discussed the best ways to connect SMEs in supply chain up to different types of financing to enable climate action. Noting in the most recent SME Climate Hub survey 73% of SMEs need funds to start or accelerate their emissions reductions.      🗣️ Meanwhile, Dominic Gogol joined Aligning Associations with Climate Ambition where a key topic of discussion was how to equip businesses with clear guidance on engaging their business associations on positive climate policy engagement. We worked with High-Level Climate Champions #RaceToZero, Exponential Roadmap Initiative and a range of partners to develop and launch the ‘Business Associations Climate Action Guide’ for the purpose of raising awareness on the role of business associations in shaping climate policy (🔗 https://lnkd.in/ewCvf8e2).     On Wednesday, we hosted our flagship event, bringing together leaders from the business, climate, and philanthropy sectors to exchange solutions and address challenging issues. With thanks to Maria Netto, Jeremy Oppenheim, Shelley LawsonThomas Lingard, Celine Herweijer, Eliot Whittington and many others for sharing their insights during our roundtable discissions.      🤝 Our CEO, María Mendiluce, joined the “Turning COP28 commitments into action” panel with Climate Change High-Level Champion for COP29 Nigar Arpadarai, H.E. Ambassador Majid Al-Suwaidi and Sir Jim Skea at the Climate Action | Innovation Forum 2024. María said “80% of people want their politicians to act on climate. This is clearly not the time to stall on transitioning away from #fossilfuels in a just and orderly manner”.       Callie Stinson, joined discussions on overcoming hesitation about investing in nature-based carbon credits at the Nature4Climate Positive Hub with partners.      💡 As we head towards #ClimateWeekNYC and #COP29, we will keep building on the momentum to accelerate the transition from #FossilToClean, guide both multinationals and SMEs to overcome barriers to action, advocate for investments in nature and collaborate to decarbonize supply chains. #LCAW2024 #WMBC

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Derric N. Pennington

Scientist, Practitioner, & Editorial Cartoonist

1mo

What is the role of business? I still haven’t figured out what We Mean Business members mean? A better name would be We Mean Government Subsidies….

Great event! Lots to be done!

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