This report analyses the momentum of targets for net-zero emissions across companies, cities and regions worldwide. This report serves as an helpful resource for net-zero target setters on the importance of transparency in both target-setting and implementation.

A growing number of countries and companies are setting climate neutrality and net-zero targets. Many countries’ and companies’ efforts towards climate neutrality play a positive role contributing to the fight against climate change and reducing global emissions.

This report is divided in three sections showcasing recent mitigation policy developments, climate-relevant responses to the COVID-19 pandemic and an overview of Nationally Determined Contributions (NDC) and long-term, low-emissions development strategies (hereafter referred to as long-term strategies or LTSs) submitted to the UNFCCC.

A growing number of subnational and corporate actors set net-zero emissions targets. These include some of the world’s largest companies, and hundreds of cities and regions around the world. This paper provides a summary of the momentum of target setting among these subnational and corporate actors.

This report assesses the implications of the COVID-19 pandemic and associated recovery measures on emissions out to 2030 and global emission pathways towards meeting the Paris climate goals (‘what-if’ scenarios).

The unprecedented challenge of climate change requires rapid and deep transformations – in virtually all sectors and all parts of society – away from the prevailing carbon-intensive, high-emission modes of production and consumption.

This discussion paper assesses options for improving the current Emissions Unit Eligibility Criteria (EUCs) used for the Carbon Offsetting and Reduction Scheme for International Aviation (CORSIA) adopted by the International Civil Aviation Organization (ICAO), with the goal of ensuring the scheme’s environmental integrity.

Wider socio-economic and environmental benefits(and trade-offs) of actions to mitigate climate change are increasingly gaining traction in national and international policy discourse.

This paper discusses ways to identify investments that can be accounted as low-carbon activities. The focus is on the EU Taxonomy, as in the near future it will have to be assessed to what extent this emerging tool can be useful for implementation of the climate finance landscape methodology.

Article 6 of the Paris Agreement provides the framework for a new generation of carbon markets in a context where all countries are supposed to formulate and implement ambitious Nationally Determined Contributions (NDC) towards a temperature target and ratchet their contribution on a regular basis.

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