A tool for policy makers and all who work towards net zero greenhouse gas emissions for their business, group or country.
Launched at COP27, the Net Zero Guidelines tackle a major road block for a world where greenhouse gas emissions are reduced to the minimum and balanced by removals: the fragmented net zero governance landscape. Competing approaches and concepts for ”Net Zero” sow confusion.
The Guidelines provide a common reference for collective efforts, offering a global basis for harmonizing, understanding, and planning for net zero for actors at the state, regional, city and organizational level.
The Net Zero Guidelines set a common path for:
- the definition of “net zero” and related terms (greenhouse gas removals, offsetting, value chain, etc), clarifying the differences in scope between direct emissions, indirect emissions from purchased energy, and other indirect emissions arising from an organization’s activities
- high-level principles for all actors who want to achieve climate neutrality,
- actionable guidance on getting there as soon as possible, by 2050 at the very latest, and
- transparent communication, credible claims, and consistent reporting on emissions, reductions and removals.
The Guidelines build on the momentum of existing voluntary initiatives and increase their impact. Standardized “net zero” claims are easier to compare, create an ambition loop, and can be scaled through better regulation.