Will Net Zero Get Us to Net-Zero Emissions?

Despite its merits, net zero isn’t a perfect mechanism for addressing climate change. Here are 15 of its limitations—and our recommendations for fixing them.

By Martin Reeves, David Young, Julia Dhar, and Annelies O’Dea, Boston Consulting Group, April 6 2022.

The growing number of companies making net-zero carbon commitments offers a ray of hope for progress on climate change. Currently about 33% of world’s largest companies and more than 50% of countries have pledged to reach net zero, with target dates varying mostly between 2030 and 2050….

Moving Beyond Net Zero

In addition to enhancing net-zero mechanisms, we must pursue a more multidimensional view of sustainability and put in place the financial, operational, technological, behavioral, and cultural support to enable the transformative action necessary to achieve climate sustainability for the planet.

Multidimensional view of sustainability: Consider sustainability beyond the single dimension of carbon emissions to include all relevant factors, including other GHG emissions, species diversity, air and water quality, and nature preservation. This multidimensionality can help to overcome the risks of oversimplification.

[… Read more at Boston Consulting Group ]


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