It’s for the world to double down on efforts to reach net zero, according to a report released last week by the United Nation’s “High-level Expert Group on the Net Zero Emissions Commitments of Non-State Entities,” a group of international environmentalists the institution formed in March.
The group was tasked with investigating how to develop stronger standards for companies that make net-zero emission pledges and speed up their implementation.
The result is a report listing recommendations, including speeding up the phasing out of fossil fuels, more regulations for businesses, more lobbying, and more accountability.
That means cracking down on greenwashing—the practice of companies saying they are adopting net zero values when they are not truly committed to the cause. And it is going to take money to make it happen….