UN Paris
Accord
Adopted by 196 countries, requiring global temperature increase be limited to 1.5°C above pre-industrial levels by 2050, while it is currently at 1.1°C.
22 global banks committed to reducing carbon emissions SBTi
100% Carbon PollutionFree Electricity by 2030, 100% Zero-Emission Vehicle Acquisitions by 2035 and Net-zero emissions from federal operations by 2050
Recommends reducing fossil fuels significantly to get to 2.5°C by 2050, enough to avoid severe impacts from a changing climate
Maps a way to get to 1.5°C and net zero in 2050 by increasing investments in clean energy and working together to reduce volatility in energy prices
Banning the sale of new gasoline powered vehicles starting in 2035, forcing automakers to speed up production of cleaner vehicles beginning in 2026
Permits that allow the owner to emit one ton of carbon dioxide or other greenhouse gases. Market projected to grow to $50B and $67 per metric ton by 2030.
