Assessing the rapidly-emerging landscape of net zero targets

Aug 1, 2023

In the five years since the Paris Agreement, achieving net zero emissions has become a defining frame for climate action. We review over 4000 countries, companies, and subnational governments, which together make up the preponderance of global emissions. We find 769 of these entities have net zero targets, but only 152 meet minimum criteria for robustness, including timing, status, coverage, use of offsets, and governance. Though net zero is now widespread as a concept, its operationalization is still in its infancy. Making net zero targets robust should now be a priority for policymakers in order to deliver Paris-consistent action, as well as securing more ambitious targets.

Publication details
Theme(s)
The urgency of zero
Type(s)
Research paper
Author(s)
Hale, Thomas Smith, Steve
Year(s)
2021
Climate Policy

Latest news

Onshore geological carbon storage has potential in the UK, but key knowledge and regulatory gaps remain – ONZ report
Onshore geological carbon storage has potential in the UK, but key knowledge and regulatory gaps remain – ONZ report

A new report by a team of Oxford Net Zero researchers reviews the current state of knowledge on onshore geological carbon storage (GCS) and its feasibility in the UK. Read more

Oxford launches revised Offsetting Principles
Oxford launches revised Offsetting Principles

As part of their net zero strategies, many companies, organisations, cities, regions and financial institutions are relying on voluntary carbon credits to offset their residual emissions. But evidence continues to cast doubt on the integrity of ... Read more

Job Opening at ONZ: Impact and Operations Officer
Job Opening at ONZ: Impact and Operations Officer

Oxford Net Zero is looking for a highly organised and motivated Impact and Operations Officer to join its team. You will be working alongside the Programme Manager, Cath Ibbotson, and the Head of Policy and Partnerships, Kaya Axelsson to ... Read more

See more news and events