The science is clear - we need to reduce greenhouse gas emissions quickly and significantly
Encouragingly, many companies and countries are now committed to limiting global warming, but the scale of change required to re-shape the global economy is enormous.
Scientific consensus states that emissions must fall by as much as 45% by 2030 to keep warming well below 2°C.
This means 2020’s forecasted fall in emissions of c. 7% will need to be repeated annually for the next decade.
Current pledges and targets are not remotely sufficient
Current targets, as committed to under the Paris Agreement, need to be tripled to limit warming to 2°C and increased fivefold to align with 1.5°C. Carbon offsets are integral to achieving these targets and reducing emissions now.