“We need a massive global effort to steer our world onto a path to safety; you are out in the front…helping consumers, investors and regulators understand what credible net-zero looks like,” said the Secretary-General.
As violent weather inflicts human tragedy and economic destruction worldwide and with efforts to limit the rise in global temperature to 1.5 degrees Celsius slipping away, Mr. Guterres convened the high-level meeting of non-State actors to spotlight their actions and strategies since 2022, in line with key recommendations issued in a report he launched at COP27 in Shram-el-Sheikh.
The report, Integrity Matters, set out 10 recommendations that serve as a “how-to” guide for credible, accountable net-zero pledges. They detail what non-State actors need to consider at each stage of their progress towards achieving net-zero ambitions and tackling the climate crisis.
Put simply, net zero refers to the balance between the amount of greenhouse gas produced and the amount that is removed from the atmosphere. Reaching this goal requires cooperation between businesses and financial institutions, and other entities working alongside governments.