Accelerating Net Zero: Exploring Cities, Regions and Companies Pledges to
Summary
The document reports a significant increase in net-zero commitments from 823 cities, 101 regions, and 1,541 companies. While these actors represent a vast population and economic footprint, the paper notes that the ambition and impact of these targets vary based on the emission scopes covered and the reliance on carbon offsets.
Key insights
- A substantial number of subnational actors have set net-zero targets, including 823 cities and 101 regions. These entities represent over 828 million people, approximately 11 percent of the global population, 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 momentum includes 1,541 companies with a combined revenue exceeding $11.4 trillion, which is more than half of the US GDP, and a combined coverage of 3.5 gigatonnes in GHG emissions.
- The impact and ambition of net-zero targets vary significantly across actors. Differences include whether targets cover only scope 1 emissions or the full range of scope 1, 2, and 3 emissions, and whether they rely on direct reductions or mechanisms such as purchasing RECs and carbon offset credits.
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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