News
New ‘race to zero’ target
The UN’s Climate Ambition Alliance (CAA) has launched a worldwide campaign to achieve net zero greenhouse gas emissions by 2050.
The news was broadcast on a global webinar and it intends to coordinate countries commitments by establishing a best practice criteria. It will also allow them to compare themselves to other countries which will act as an aid in achieving their ultimate goal.
Currently, the CAA includes:
- 120 nations
- 996 businesses
- 458 cities
- 24 regions
- 505 universities
- 36 investment groups
All involved have committed to achieving zero net greenhouse gas emissions by 2050.
It is estimated that the countries involved cover around 25% of global carbon dioxide emissions and over 50% of GDP.
In an online speech, COP26 President and Secretary for Business, Energy and Industrial Strategy, Alok Sharma said:
“By working together we can absolutely make progress much faster.”
Source: Future Net Zero
