Developing sector-based benchmarks for issuing carbon credits would open markets to emerging companies and mark significant progress toward Paris Agreement goals.
The report also notes that number of companies making commitments is lagging behind in some regions, with North America languishing at 16 percent and Asia at 12 percent.
Commitments have been made to significantly reduce greenhouse gas emissions from energy. But to achieve net-zero by 2050, we need to address the way we make and use products, materials, and food. We need a circular economy.