News

7 Attributes for a Successful Net Zero – read Oxford Net Zero’s new Nature Climate Change paper

Jan 11, 2022

The Oxford Net Zero team has authored a new paper, published in Nature Climate Change, on ‘the meaning of net zero and how to get it right’.

The readiness with which a growing number of countries, sub-national entities and individual organizations have made net-zero pledges speaks to the unifying and galvanizing power of the net-zero narrative. These pledges should be encouraged. However, there is concern that these often-voluntary commitments allow too much discretion in the design of net-zero pathways and may therefore not be consistent with global net zero, or with ambitious climate action more generally.

Governance, accountability and reporting mechanisms are currently inadequate. Long-term ambition is often not backed up by sufficient near-term action. Many entities have not yet set out detailed plans to achieve their pledges and are opaque about the role of carbon offsets in place of cutting their own emissions. The environmental and social integrity of some of these offsets is questionable. As a result, some advocates have accused these pledges of amounting to little more than ‘greenwashing’.

These concerns do not negate the scientific logic of global net zero. However, they demonstrate the need for clear guardrails to ensure the robustness of net zero as a framework for climate action. The authors set out seven attributes that for a successful net-zero framework:

  1. Front-loaded emission reductions
  2. A comprehensive approach to emission reductions
  3. Cautious use of carbon dioxide removal and storage
  4. Effective regulation of carbon offsets
  5. An equitable transition to net zero
  6. Alignment with broader socio-ecological objectives
  7. Pursuit of new economic opportunities

The paper was co-authored by Professor Sam Fankhauser, Dr Steve Smith, Professor Myles Allen, Kaya Axelsson, Dr Thomas Hale, Professor Cameron Hepburn, Professor J. Michael Kendall, Dr Radhika Khosla, Dr Javier Lezaun, Eli Mitchell-Larson, Professor Michael Obersteiner, Professor Lavanya Rajamani, Professor Rosalind Rickaby, Professor Nathalie Seddon and Professor Thom Wetzer.

Read a more detailed summary of the paper, or download the full paper from Nature Climate Change.

Latest news

Oxford Net Zero launches new Serviced Emissions Hub to drive accountability in professional services
Oxford Net Zero launches new Serviced Emissions Hub to drive accountability in professional services

By Siddharth Shekhar Yadav, Alexis McGivern and Clarissa Salmon.    In mid-October, Oxford Net Zero officially launched the Serviced Emissions Hub – a new cross-sector platform bringing together leaders from law, consulting and ... Read more

Oxford Net Zero and VietJet announce Net Zero Aviation project
Oxford Net Zero and VietJet announce Net Zero Aviation project

Last week the University of Oxford signed major agreements with Vietnam on climate innovation, healthcare and access to higher education. At the ceremony, Professor Myles Allen of Oxford Net Zero and Madame Nguyen Thi Phuong Thao, Founder ... Read more

Oxford Net Zero and Futerra launch new “Spheres of Influence” white paper at Climate Week NYC
Oxford Net Zero and Futerra launch new “Spheres of Influence” white paper at Climate Week NYC

Yesterday at Climate Week NYC, Oxford Net Zero and the sustainability agency Futerra launched a white paper on the Spheres of Influence – a new framework for incentivising corporate climate action. The framework provides a way to understand ... Read more

See more news and events