International Maritime Organisation’s flagship decarbonisation tool a drop in the ocean for climate action, study finds

The International Maritime Organisation’s stalled Net-Zero Framework has the potential to shave a mere tenth off the carbon footprint of shipping by 2030, which is only a drop in the ocean of what the Paris Agreement requires, our latest study finds. Given the recent delay to the NZF and the framework’s weaknesses, it is up to individual countries and regional blocs to strengthen climate efforts

Logic errors: Energy-hungry tech sector veers off sustainable climate path, despite its claims – report

Some of the world’s best-known tech giants are emitting more while presenting  climate targets that cause a system error due to outdated accounting rules and the voracious appetite for energy of artificial intelligence (AI), according to the latest Corporate Climate Responsibility Monitor. Fixing this requires a major reboot of their climate strategies.

Skyscrapers

2030 climate targets of over 50 top corporations significantly off track to keep within 1.5°C limit

At a time when global carbon emissions need to be almost halved by 2030, 51 major corporations’ climate commitments amount only to reducing their median carbon footprint by as little as 30%, reveals the 2024 Corporate Climate Responsibility Monitor. Tighter regulations from governments are needed to raise the bar, both for companies which are taking insufficient action, and those who are not doing anything at all.

Carbon Market Watch submission on UNFCCC Recognition and Accountability Framework

While Carbon Market Watch welcomes the introduction of UNFCCC guidelines for the net-zero pledges of businesses and other non-state major emitters, these guidelines must be designed to lead to actual accountability of these actors. Clear and ambitious criteria must be set for these net-zero pledges. Moreover, the guidelines cannot leave any room for offsetting as …