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Is 'net zero' much ado about nothing?

GreenBiz

Is 'net zero' much ado about nothing? Net zero is the near-universal goal of nations, states, provinces, cities, companies, universities and others. The five questions below represent just a sampling of issues surrounding what net zero means — and doesn’t. First, what is net zero? Joel Makower.

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Strategy firm BCG pledges net-zero impact, eyes ‘carbon positive’ future

GreenBiz

Strategy firm BCG pledges net-zero impact, eyes ‘carbon positive’ future. billion company’s new commitment to achieve net-zero status for its own operations by the end of this decade. . billion company’s new commitment to achieve net-zero status for its own operations by the end of this decade. .

Net Zero 450
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Delaying methane mitigation increases risk of breaching Paris Agreement climate goal, study finds

Science Daily / Earth & Environment

A key element of the 2015 Paris Agreement, a legally binding international treaty on climate change, is the commitment to limit average global temperatures increases to well below 2°C above pre-industrial levels, and pursue efforts to limit global warming to 1.5°C C above pre-industrial levels.

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Fossil Fuels vs Renewables in the Race to Net Zero

3BL Media

DESCRIPTION: The race is on, proclaims the United Nations, to create a Net Zero economy (same amount of greenhouse gas /GHG emissions removed from the atmosphere as produced). Public conversations about Net Zero are usually about “fossil fuels vs. renewables” and the impact of each category on climate change.

Net Zero 147
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The G20 must press ahead with sustainable and inclusive growth

McKinsey Sustainabilty

McKinsey estimates that reducing G20 emissions by half by the end of the decade, in line with the 2015 Paris Agreement, will require its members to invest $35 trillion towards closing the net-zero investment gap, over and above current spending, write Rajat Dhawan and Anu Madgavkar in Mint.

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Decarbonising Investment Portfolios on the Journey to Net Zero

3BL Media

Financial organisations thus have a major role to play in the decarbonisation of the global economy, yet it is estimated that since the Paris Agreement in 2015, the 60 largest banks have instead invested $5.5 For example, the indicative financed emissions from the UK financial sector in 2019 were found to be 1.8

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Countdown to 2025

Chris Hall

As the clock ticks down from the 2015 Paris Agreement, there is growing uncertainty that on our current trajectory the world is going to meet the stated goal to be net zero by 2050. Forecast overshoot A key component of the Paris Agreement, NDCs are submitted every five years.