A record number of companies are making climate pledges, but experts warn the pace of action remains glacially slow in the face of a barreling climate crisis. The transport industry, responsible for around one-fifth of global CO 2 emissions, is gearing up for bolder climate pledges. The aviation sector, which has been slow to make climate pledges, is considering whether to set a goal of becoming net-zero by 2050. Corporations are losing the ability to “fudge the numbers” on climate policies, said Ketan Joshi, an Oslo-based climate analyst who tracks company climate pledges. This number could accelerate thanks to advances in climate science making it easier to link climate damage to corporate activity.

Source: The Guardian July 26, 2021 07:00 UTC