The companies represent $932 billion in revenue and 476 million tonnes of annual greenhouse gas emissions. Their commitment to align their emissions-reduction goals with what the latest climate science says is necessary to limit warming to 2 degrees C will make a huge impact.
WRI analysis shows that by joining the Compact of Mayors, 360 cities can avoid emitting 740 million tons of greenhouse gas emissions annually in 2030, more than what Mexico emits every year.
The glossary of terms guiding the discussion on long-term signals for emissions reductions in the COP21 climate negotiations is complicated, to say the least. Kelly Levin’s guide can help get everyone on the same page.
To really understand what each country’s climate plan means for national emissions—and to trust that they’re on track to meet it—you need clear and complete information. A new paper finds that eight top emitters could go further in creating transparent plans.
WASHINGTON (November 20, 2015)—On the opening day of COP21 in Paris, six heads of state from France, Chile, Ethiopia, Germany, Mexico and Canada, along with the leaders of the World Bank and International Monetary Fund called on countries and companies to put a price on carbon.
There has never been a better time to ask: what are you doing to price carbon?
Hundreds of companies are now pricing carbon, and hundreds more expect to in the next couple years. An internal price on carbon is emerging as a useful tool for integrating climate change considerations—specifically the value of reducing carbon dioxide and other greenhouse gases (GHGs)—in business decisions.
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A strong Paris agreement can send the signal to the world that the global transformation to a climate-resilient, zero-carbon economy is underway. Seven graphics reveal recent progress the world has made, as well as what needs to be done in Paris and beyond to truly overcome the climate change challenge.
The strongest message corporations can send ahead of COP 21 is to set an emissions-reduction target in line with what science says is necessary to limit warming to 2°C.
HFCs are as much as 12,000 times more potent than carbon dioxide. New HFC-reduction initiatives, combined with existing actions, are expected to cut global greenhouse gases by the equivalent of more than 1 billion metric tons of CO2 by 2025, as much as would be achieved by taking 210 million cars off the road for one year.