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This executive summary from the NewClimate Institute argues that durable carbon dioxide removal (CDR)—which stores CO2 for thousands of years—is essential for neutralizing residual fossil fuel emissions, yet private sector adoption remains low and often serves as a substitute for necessary emission reductions.

The Corporate Climate Responsibility Monitor 2023 evaluates the climate pledges and strategies of 24 major multinational companies, finding that the majority lack integrity and fall short of the ambition required to limit global warming to 1.5°C.