Accelerating Net Zero: Exploring Cities, Regions and Companies Pledges to
Summary
This research paper by the NewClimate Institute summarizes the increasing momentum of net-zero emissions target setting among subnational actors and corporations, detailing the scale of population, revenue, and emissions covered by these pledges.
Key insights
- A significant number of subnational actors have set net-zero targets, including 823 cities and 101 regions. These actors represent nearly 11 percent of the global population (over 828 million people) and have a combined emissions footprint exceeding 6.5 gigatonnes of GHG emissions, which is more than the 2018 emissions of the United States.
- Corporate net-zero target setting includes 1,541 companies with a combined revenue exceeding $11.4 trillion, a figure equivalent to more than half of the US GDP. These companies cover 3.5 gigatonnes in GHG emissions.
- The ambition and impact of net-zero targets vary based on the scope of emissions covered and the methods used for achievement. While some actors target only scope 1 emissions, others include scopes 1, 2, and 3. Methods for reaching net-zero vary from direct emissions reductions to the purchase of carbon offset credits and RECs, with the robustness of offsets and additionality being critical for assessment.
Cite the original document
- APA
- NewClimate Institute (2020). Accelerating Net Zero: Exploring Cities, Regions and Companies Pledges to. http://www.newclimate.org/resources/publications/accelerating-net-zero-exploring-cities-regions-and-companies-pledges-to
- Chicago
- NewClimate Institute. Accelerating Net Zero: Exploring Cities, Regions and Companies Pledges to. 2020. http://www.newclimate.org/resources/publications/accelerating-net-zero-exploring-cities-regions-and-companies-pledges-to.
- Wikipedia
- {{cite report |author=NewClimate Institute |title=Accelerating Net Zero: Exploring Cities, Regions and Companies Pledges to |date=21 September 2020 |url=http://www.newclimate.org/resources/publications/accelerating-net-zero-exploring-cities-regions-and-companies-pledges-to |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{newclimateinstitute2020accelerating, author = {{NewClimate Institute}}, title = {{Accelerating Net Zero: Exploring Cities, Regions and Companies Pledges to}}, institution = {NewClimate Institute}, year = {2020}, month = sep, url = {http://www.newclimate.org/resources/publications/accelerating-net-zero-exploring-cities-regions-and-companies-pledges-to}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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