The trillion-dollar question behind corporate net-zero pledges | HappeningNow.news

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The trillion-dollar question behind corporate net-zero pledges

Corporate climate spending now steers trillions of dollars in transition finance worldwide.

Source Phys.org AI Summary Updated 1h 48m ago
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Freshness Fresh Updated 1h 48m ago
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Read time 1 min ~54 words

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Corporate climate spending now steers trillions of dollars in transition finance worldwide. Does it drive genuine climate action? Research shows that accounting flexibility alone can make a company's reported emissions vary by roughly a factor of two—enough to appear either as a climate leader or a laggard. A new perspective in Nature Sustainability propose…

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