Insight
Net-zero emissions targets: Quantifying the world’s commitments to rapid decarbonisation
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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