Taking Stock of the Race to Zero

Net-zero commitments roughly doubled in 2020. Corporate commitments alone in the Race to Zero campaign now cover over 15% of the global economy and $9.81 trillion in revenue. At a national level, new countries have also stepped up, with Japan, South Korea and China – and the US – joining the EU, UK, South Africa, Chile and others mobilizing around the shared guiding star of net-zero emissions.

Science indicates this is not enough and that systems transformation is required to deliver a zero-carbon world in time.