The Paris Agreement is expected to have an unprecedented impact on the global economy in the 21st century. As the international community commit to reaching net zero emissions during the second half of the century, the impacts on the private sector will be far-reaching. This report looks at the linkages between the Paris Agreement and countries’ NDCs and the business implications in renewable energy markets, carbon pricing, management of climate risks, and resilience building.

For this We Mean Business report in partnership with BSR, NewClimate Institute were responsible for collecting and analysing data on the changes expected to happen in the energy sector that are most relevant for business, focusing on indicators such as growth in renewable energy generation, investments in clean energy and energy efficiency, and increasing competitiveness of renewables.