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2030 Climate Solutions: An implementation roadmap - Climate Champions
2030 Climate Solutions: An implementation roadmap - Climate Champions
New Race to Zero progress report shows action in the real economy
New data from the Race to Zero campaign shows that – through the leadership of 26 Partners and 31 Accelerators – more than 13,500 organizations are taking action to transition to net zero and halve global emissions by 2030.
Related Knowledge Center: Climate economics
State of Play
Climate change is now a driver of the world’s economy. The impact is profound:
- Catastrophic weather events — hurricanes, floods, droughts, high temperatures — are more frequent and more extreme. The cost can be measured in both the initial damage caused and the longer-term impact on the economy.
- Vulnerable communities are increasing climate-related investments, hardening infrastructure and taking other protective measures.
- Investment in carbon capture and storage technologies is increasingly rapidly.
- Governments are making investments and crafting regulations to reduce emissions of carbon dioxide and other greenhouse gases.
On top of all of this is the cost of uncertainty. As the Fourth National Climate Assessment, released in 2018 by the U.S. Global Change Research Program, says, “The assumption that current and future climate conditions will resemble the recent past is no longer valid.”