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What Does "Net-Zero" Mean?: Unraveling Corporate Climate Pledges

As of September 2021, 120 countries, 733 cities, and over 3,200 businesses have committed to becoming net zero by 2050, making up 25% of global CO2 emissions and over 50% of world GDP. These commitments would certainly help reduce global GHG emissions. But understanding precisely what these commitments mean is hampered by the varying scopes, timelines, and definitions used by them.

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