Insight
Net-zero emissions targets: Quantifying the world’s commitments to rapid decarbonisation
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Report summary
Global action on tackling climate change is back at the top of the political agenda. On 22nd April, the US government hosted a summit to mark Earth Day and used the occasion to set an ambitious target to reduce emissions by 50-52% below 2005 levels – a stark break with the position of the previous administration. This follows hot on the heels of more ambitious 2030-35 targets announced by the EU, the UK and Japan amongst others. Countries that have not yet confirmed net-zero targets such as India, Indonesia and Australia, are coming under increasing pressure from governments in Europe and a newly re-engaged US.
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