1. What is Race to Zero?
The Race to Zero is an initiative aimed at providing the Paris Agreement with a sustained foundation in the “real economy”, with a new approach to the fight against climate change.
The campaign, from the outset, mobilizes a coalition of “Net Zero” leaders, representing 23 regions, 454 cities, 1,397 companies, 569 universities and 74 investors, which account for more than 12% of the world economy. These “real economy” players join 120 countries in the largest alliance ever committed to achieving net zero carbon emissions by 2050 at the latest. Net zero commitments globally cover at least 68% of the economy global (US $ 84.575 billion), 56% of the world’s population (more than 4.2 billion people) and 61% of global greenhouse gas emissions. ” According to the UNFCCC page, Join the largest net zero coalition.