Tag: Net-zero target
-
Net zero emissions
Net zero emissions Net zero emissions refers to the balance between the amount of greenhouse gases emitted and the amount removed from the atmosphere, resulting in no net increase in atmospheric GHG. Achieving net zero involves reducing emissions as much as possible through measures such as transitioning to renewable energy, improving energy efficiency, and adopting…
-
Net Zero Carbon Pledge and initiative
Net Zero Carbon Pledge and initiative The Net Zero Carbon Pledge and Net Zero Carbon Initiative both refer to commitments and efforts by organizations, governments, or entities to reduce their carbon emissions to net zero.
-
European Taxonomy
European Taxonomy The EU taxonomy is a cornerstone of the EU’s sustainable finance framework, directing investments towards activities essential for achieving the European Green Deal’s objectives. It classifies economic activities meeting criteria aligned with a net zero trajectory by 2050 and broader environmental goals. The EU Taxonomy establishes a common language by providing a shared…
-
Climate Clocks
Climate Clocks The Climate Clock counts down the critical deadline for achieving zero emissions (referred to as our “deadline”) but also charts our progress along the vital solution paths (referred to as “lifelines”). It draws its power from a collective force of scientists, artists, educators and activists from all over the world. The next seven…
-
Carbon Allowance
Carbon Allowance Carbon allowances represent official permissions granted by a governmental agency, allowing a company to release one ton of CO2 or its equivalent (CO2e). Governments establish emission targets in advance and progressively reduce them over time, aiming to achieve net-zero targets by 2050. These allowances are integral to compliance markets, where they can be…