In the last year, the world has seen an unprecedented acceleration towards a net-zero economy. Governments, companies, financial institutions, cities and regions are joining forces and ‘racing to zero’, aiming to entirely transform the energy system – in just three decades.
To date, more than half of the world’s GDP, or almost USD 46 trillion, is presently estimated to be under or currently considering a net-zero by 2050 commitment. While non-state actors covering more than 25% of global CO2 emissions have made netzero commitments under the Race to Zero. The number is growing, critical mass is within sight.
Excel spreadsheets relating to these sectoral pathways can be found here