An Action Plan for Solving Our Climate Crisis Now

1.0
Electrify Transportation
Reduce 8 gigatons of transportation emissions to 2 gigatons by 2050.
1.1
Price

Achieve global price parity between EVs and gas-powered vehicles by top emitters by 2030.

Updated April 2025
Insufficient Progress

$55,694 (average EV) vs. $45,264 (average full-size car) in the U.S.

Source: Kelley Blue Book, 2024

1.2
Cars

Increase EV sales to 50% of all new car sales by 2030, 95% by 2040.

Updated April 2025
Insufficient Progress

EV share of car sales was 24.0% in 2024

(BEVs and PHEVs)

Source: BloombergNEF, 2025

1.3
Buses

Electrify all new buses by 2030.

Updated April 2025
Failing

27.2% of new bus purchases were electric in 2023

Source: BloombergNEF, 2023

1.4
Trucks

Increase sales of zero-emissions medium and heavy trucks to 30% of all new truck sales by 2030; 95% by 2045.

Updated April 2025
Failing

Electric share of global truck sales was 0.9% in 2023

(BEVs, FCVs, and PHEVs)

Source: BloombergNEF, 2023

1.5
Miles ↓ 5 Gt

Increase miles driven by electric vehicles (two- and three-wheelers, cars, buses, and trucks) to 50% of the global total by 2040, 95% by 2050.

Updated May 2025
Insufficient Progress

EV global share of miles driven across road vehicles in 2023: 6.3%

(BEVs, FCVs, and PHEVs)

Source: BloombergNEF, 2024

1.6
Planes ↓ 0.3 Gt

Increase low-carbon fuel for aviation to 40% by 2040.

Updated April 2025
Failing

0.3% of fuel use is low-carbon

Source: BloombergNEF, 2025

1.7
Maritime ↓ 0.6 Gt

Deploy low-carbon fuel for 5% of maritime shipping by 2030; zero out emissions for the shipping industry by 2050.

Updated April 2025
Failing

Zero percent of new ships are low-carbon

Source: Global Martime Forum, 2024

2.0
Decarbonize the Grid
Reduce 24 gigatons of global electricity and heating emissions to 3 gigatons by 2050.
2.1
Zero Emissions ↓ 16.5 Gt

Tap emissions-free sources to generate 50% of electricity worldwide by 2026, 90% by 2035.*

Updated April 2025
Insufficient Progress

39% of electricity came from emissions free sources in 2023

Source: Energy Institute, 2024

2.2
Solar & Wind

Make the cost of solar and wind lower than fossil fuels by 2025.

Updated April 2025
Achieved

On average Solar PV is $37 per MWh cheaper than fossil fuels

Source: BloombergNEF, 2025

2.3
Storage

Reduce the cost of short-duration electricity storage to less than $50 per kWh by 2028 and the cost of long-duration electricity storage (up to 30 days) below $10 per kWh by 2030.

Updated April 2025
Insufficient Progress

Short-duration storage: $165 per kWh

Long-duration storage: Limited Data

Source: BloombergNEF, 2024

2.4
Coal & Gas

Stop the build-out of new coal and gas plants immediately; retire or zero out emissions from existing plants by 2040.*

Updated April 2025
Code Red

Now in operation globally: 6,538 coal-fired plants and 7,986 gas plants

Source: Global Energy Monitor, 2025

 

2.5
Methane Emissions ↓ 3 Gt

Reduce flaring and eliminate leaks and venting from coal, oil, and gas sites by 2030.

Updated April 2025
Code Red

3 gigatons of methane emissions from the energy sector in 2023 (CO2 equivalent)

2.6
Heating & Cooking ↓ 1.5 Gt

Cut fossil fuels for heating and cooking in half by 2040.*

Updated April 2025
Failing

In 2022, building heating generated 2.5 Gt of emissions and over 7 billion people used fossil fuels for cooking

2.7
Cleaner Economy

Triple the ratio of GDP to fossil fuel consumption.

Updated May 2025
Insufficient Progress

Global average: $252 of GDP per Exajoule of Fossil Fuel Consumption

Source: Energy Institute and World Bank, 2024

3.0
Fix Food
Reduce 9 gigatons of agricultural emissions to 2 gigatons by 2050.
3.1
Farm Soils ↓ 2 Gt

Improve soil health by increasing carbon content in topsoils to a minimum of 3% by 2035.

Updated April 2025
Limited Data

Limited Data

3.2
Fertilizers ↓ 0.5 Gt

Stop overuse of nitrogen-based fertilizers and develop cleaner alternatives to cut emissions in half by 2050.

Updated April 2025
Failing

The world uses 65.4 kilograms per hectare of nitrogen-based fertilizers

Source: Food and Agriculture Organization and Our World in Data, 2024

3.3
Cows ↓ 3 Gt

Cut emissions from beef and dairy consumption by 25% by 2030, 50% by 2050.

Updated April 2025
Code Red

3.3 gigatons of emissions from beef and dairy in 2022

3.4
Rice ↓ 0.5 Gt

Reduce methane and nitrous oxide from rice farming by 50% by 2050.

Updated April 2025
Failing

1.1 gigaton of CO2e resulting from rice production

Source: Our World in Data, 2024

3.5
Food Waste ↓ 1 Gt

Cut food waste to 10% by 2050.

Updated April 2025
Failing

31% of food in the US is wasted

Source: ReFed, 2024

4.0
Protect Nature
Go from 6 gigatons of emissions to -1 gigatons by 2050.
4.1
Forests ↓ 6 Gt

Achieve net zero deforestation by 2030; end logging and other destructive practices in primary forests.

Updated May 2025
Code Red

16.1 million hectares of permanent tree cover loss

Source: Global Forest Watch, 2025

4.2
Oceans ↓ 1 Gt

Protect 30% of oceans by 2030, 50% by 2050.

Updated April 2025
Failing

8.4% of the earth’s oceans are protected

Source: Protected Planet, 2024

4.3
Lands

Expand protected lands to 30% by 2030, 50% by 2050.

Updated April 2025
Insufficient Progress

17.6% of the world’s lands are protected

Source: Protected Planet, 2024

5.0
Clean Up Industry
Reduce 12 gigatons of industrial emissions to 4 gigatons by 2050.
5.1
Steel ↓ 3 Gt

Reduce emissions from steel production 50% by 2030, 90% by 2040.

Updated April 2025
Code Red

3.4 gigatons of emissions from steel production (CO2 equivalent)

Source: Climate TRACE, 2025

5.2
Cement ↓ 2 Gt

Reduce emissions from cement production 25% by 2030, 90% by 2040.

Updated April 2025
Code Red

3 gigatons of emissions from cement production (CO2 equivalent)

Source: UNEP, 2024

5.3
Other Industries ↓ 3 Gt

Reduce emissions from other industrial sources (primarily plastics, chemicals, paper, aluminum, glass, and apparel) 60% by 2050.

Updated April 2025
Code Red

5.1 gigatons emitted from other industries (CO2 equivalent)

Source: Climate TRACE, 2025

6.0
Remove Carbon
Remove 10 gigatons of carbon dioxide per year from the atmosphere.
6.1
Nature-Based Removal ↓ 5 Gt

Increase carbon removal by at least 3 gigatons per year by 2030 and 5 gigatons by 2040.

Updated April 2025
Code Red

0.05 gigatons of nature-based carbon removal being tracked

Source: Climate Focus, 2025

6.2
Engineered Removal ↓ 5 Gt

Remove at least 1 gigaton per year by 2030 and 5 gigatons by 2050.

Updated April 2025
Code Red

Currently, 0.0006 gigatons are being removed annually

Source: CDR.fyi, 2024

7.1
Net Zero Pledges

The five top emitters’ heads of state say their countries will reach net zero by 2050.*

Updated May 2025
Insufficient Progress

China: 2060

U.S.: No Current Target*

EU: 2050

India: 2070

Russia: 2060

7.2
Action Plans

The five top emitters are on track to cut emissions in half by 2030.

Updated April 2025
Code Red

2030 trajectory (Policies and action against fair share):

China: <3°C

US: <3°C

EU: <3°C

India: <3°C

Russia: 4°C

 

Source: Climate Action Tracker, 2024

7.3
Carbon Price

National prices on greenhouse gases are set at a minimum of $75 per ton, rising 5% annually.

Updated April 2025
Insufficient Progress

Global average price: $36 per ton

24% of global emissions are covered by a carbon pricing mechanism

 

7.4
Subsidies

Eliminate direct subsidies to fossil fuel companies.

Updated April 2025
Failing

$1.3 trillion in explicit fossil fuel subsidies globally

7.5
Methane

The top five emitters pledge to control flaring, prohibit venting, and mandate prompt capping of methane leaks.

Updated April 2025
Code Red

The top five emitters take the Global Methane Pledge

China – No pledge

US – Pledge

EU – Pledge

India – No pledge

Russia – No pledge

Source: Global Methane Pledge, 2024

7.6
Refrigerants

The top five emitters commit to phasing out hydrofluorocarbons (HFCs).

Updated April 2025
On Track

All five major emitters have ratified the Kigali amendment

8.1
Voters

The climate crisis becomes a top-three issue.

Updated April 2025
Failing

Climate ranked ninth globally out of eighteen top issues

Source: Ipsos, 2025

8.2
Government

A majority of key government officials support the drive to net zero.

Updated April 2025
Limited Data

Limited Data

8.3
Business

100% of Fortune Global 500 companies commit to reach net zero by 2050.

Updated April 2025
Failing

15.0% of Fortune Global 500 Companies have a net zero commitment

Source: Speed & Scale, 2025

Data is pulled from Fortune Global 500 websites to track emissions targets of each corporation

8.4
Education

The world achieves universal education through ninth grade by 2040.

Updated April 2025
Failing

74.7% of students complete education through a ninth-grade level

Source: World Bank, 2024

8.5
Health

The world eliminates pollution-linked mortality by 2040.

Updated April 2025
Insufficient Progress

1.9 years (global average loss of life due to air pollution)

Source: Air Quality Life Index (AQLI), 2025

8.6
Jobs

The global clean energy transition creates 65 million new jobs by 2040.

Updated April 2025
Insufficient Progress

16.2 million people employed in clean energy jobs

9.1
Batteries

10,000 GWh of batteries are produced annually at less than $80 per kWh by 2035.

Updated April 2025
On Track

Production: 3,786 per GWh

Price: $115 per kWh 

Source: BloombergNEF, 2024

9.2
Electricity

The cost of zero-emissions baseload power drops to $0.02 per kWh by 2030.

Updated April 2025
On Track

$0.03 per kWh for utility-scale onshore wind

$0.04 per kWh for utility-scale solar PV

9.3
Green Hydrogen

The cost of producing hydrogen from zero-emissions sources drops to $2 per kg by 2030, $1 per kg by 2040.

Updated April 2025
Failing

$4-$12 per kg, not currently produced at scale

Source: BloombergNEF, 2024

9.4
Carbon Removal

Cost of engineered carbon dioxide removal falls to $100 per ton by 2030, $50 per ton by 2040.

Updated April 2025
Insufficient Progress

Weighted average of $316 per ton of carbon removed through DACCS, not at scale

Source: CDR.fyi, 2025

9.5
Carbon-Neutral Fuels

Cost of synthetic fuel drops to $2.50 per gallon for jet fuel and $3.50 for gasoline by 2035.

Updated April 2025
Failing

Jet Fuel: $2.38 (Traditional) vs. $5.95 (Sustainable)

Vehicle Fuel: $3.24 (Diesel) vs. $3.96 (Biodiesel)

Source: International Air Transport Association, BloombergNEF, and Alternative Fuels Data Center, 2024

Diesel and Biodiesel are U.S. prices

10.1
Financial Incentives

Global government support and incentives for clean energy expand to $600 billion per year.

Updated April 2025
Limited Data

Limited Data

10.2
Government R&D

Public investment in sustainability research and development increases to $120 billion per year.

Updated April 2025
Insufficient Progress

Low carbon R&D globally: $29.4 billion

10.3
Venture Capital

Private investment into cleantech startups totals $50 billion per year.

Updated April 2025
Insufficient Progress

$32.1 billion invested in climate tech startups

Source: BloombergNEF, 2025

10.4
Project Financing

Clean energy project financing rises to $1 trillion per year.

Updated June 2025
Achieved

Clean energy financing is at an all-time high, hitting $1.3 trillion

Source: BloombergNEF, 2025

10.5
Philanthropy

Philanthropic dollars for tackling emissions grow to $30 billion per year.

Updated April 2025
Insufficient Progress

Less than 2% (between $9 billion and $16 billion) of philanthropic giving is dedicated to climate change mitigation

We’re recapping our time at the TED Countdown Summit 2025 in Nairobi, Kenya + exploring wins and setbacks across the ten objectives in our climate action plan.

NOTES FROM NAIROBI: We’re just back from Nairobi, Kenya, and the TED Countdown Summit 2025, which brought together impassioned innovators, scientists, and advocates from around the globe. At a time when the fight against climate change feels stymied in the U.S. (see OKR 7: Win Politics and Policy), it was energizing and motivating to hear from leaders who are doubling down on climate action—acting locally and thinking globally.


We were inspired by Josephine Waweru, a Kenyan coffee and vegetable farmer and clean energy mentor, who made the plunge to install a transformational solar-powered water pump. Josephine cut her irrigation costs and radically improved her crops’ yield. We heard from Lei Xhang, a Chinese entrepreneur tapping unrivaled wind and solar opportunities in Mongolia to build out clean industries at scale. And we were enraptured by Tasso Aszvedo, a Brazilian scientist whose technology for tracking land use change has armed his government with a tool to target some of the worst culprits of deforestation.

Countdown gave us and hundreds of other attendees a renewed confidence that the transition to a clean-energy future is both well underway and abundant in opportunity. The event’s forward-looking tone was captured perfectly by former U.S. Vice President Al Gore, who brought the audience to its feet with a rousing affirmation of climate ambition.


– Anjali and Ryan


For a shot in the arm on climate, check out:

  • Inspiring Talks: In the weeks ahead, we’ll highlight more talks from Nairobi as they’re released.

  • Climate Reality Project: In the runup to TED Countdown, Al Gore’s Climate Reality Project held an amazing training session in Nairobi. Its next training session for aspiring climate advocates is slated for August 15-17 in Rio de Janeiro. You can apply for the training here.

OKRs in the News

🚗 1.0 – Electrify Transportation

  • Charging Forward: The EV charging experience is finally leveling up as new station options, such as Ionna’s “Rechargeries,” offer faster, more reliable plug-ins with more amenities. At the same time, access to Tesla’s vast charging network is expanding to more non-Tesla models just as charging failures decline, speeds improve, and automakers embrace universal plug standards (New York Times).

  • Diesel’s Last Gasp?: Thanks to government incentives, battery-powered trucks are gaining serious traction in China, where electric models now constitute 22 percent of light-duty commercial sales and 15 percent of heavy-duty trucks. Meanwhile, China’s diesel consumption is predicted to drop by 26 percent by 2030, signaling a seismic shift in the world’s largest oil importer (Bloomberg).

HOLIDAY HIGHLIGHT 🎆

This July 4th, Speed & Scale encourages Americans to celebrate sustainably at their backyard barbecues by planning portion sizes, saving leftovers, and composting scraps. On a typical Independence Day, an estimated 126 million pounds of food go uneaten, roughly 20 percent of what’s prepared. The problem isn’t confined to food; this wastes roughly $398 million and enough water to supply every home in California for two weeks.


Beef, the most popular, costly, and climate-damaging item on the grill, will account for more than half the methane emissions from holiday food waste, the equivalent of emissions from powering 50,000 homes for a year. While this is not a call to cancel cookout celebrations, it’s a reminder that climate solutions can start with smart planning at the grill.

🐄 3.0 – Fix Food

  • Big Food’s Big Methane Problem: Despite pledges to publish emissions data and methane reduction plans by the end of 2024, only seven Dairy Methane Action Alliance members have partially reported their dairy methane emissions.. Even with the rise of innovations such as Bovaer, a feed additive that reduces methane from cow belches by 30 percent, industry progress is lagging (Bloomberg).

  • Throwing Out the Bin: Baldío, a Mexico City eatery with no waste bins, is part of a growing revolution to eliminate restaurant food waste. By working with local farmers and using ancient methods of food preservation, Baldío is a model for how restaurants can operate with zero waste (The Guardian).

KNOWLEDGE HUB 🧠

Curious where water stress is surging? The World Water Map, produced by National Geographic, Utrecht University, and Esri, lets you visualize and download water shortage data by country, province, or watershed. It reveals how climate change, agriculture, and various industries are deepening global “water gaps.”


Dive into case studies and explore future scenarios with the interactive Data Explorer.

🌳 4.0 – Protect Nature

  • Forests as Friends, With Limits: A new study found that fully reforesting Earth, while not fully feasible, could cool global temperatures by more than 0.3°C. Tree-emitted compounds enhance cloud coverage, which helps cool the Earth’s surface by reflecting sunlight. But without deep emissions cuts, even total reforestation wouldn’t be enough to limit post-industrial warming (Washington Post).

  • Oceans on the Line: At the third UN Ocean Conference in Nice, France, leaders urged swift ratification of the High Seas Treaty. Their hope is to turn decades of mostly empty pledges into enforceable protections, particularly for the two thirds of global waters that remain largely unregulated. With just 3 percent of the oceans fully shielded from harmful activity, advocates warn that these vast carbon sinks and heat absorbers are at serious risk (Associated Press).

🧱 5.0 – Clean Up Industry

  • Mine Over Matter: The EU unveiled 13 new projects abroad to meet the Critical Raw Material Act targets and reduce reliance on China, which controls over 90 percent of global processing capacity for magnets. Amid tightening Chinese export rules, the projects aim to safeguard Europe’s clean energy and defense sectors with €5.5 billion in planned investment (Reuters).

  • Heavy Metal Makeover: To decarbonize steel and align with 1.5°C climate goals, researchers are advancing a multifaceted strategy to increase energy efficiency, switch to low-carbon fuels and technologies, use more scrap steel, and reduce demand. Researchers estimate that slashing the cost of low-carbon technologies offers the potential to reduce emissions from iron and steel production by up to 75 percent (MIT).

🧹 6.0 – Remove Carbon

  • Carbon Removal Left And Right: By building its first commercial-scale carbon removal plant in Louisiana, Heirloom Carbon may help carbon capture credits survive the Trump administration. The company is pursuing a two-pronged strategy: appealing to the right with promises of jobs and heavy industry, and to the left with the potential to tackle climate change. Such projects may be our best bet to sustain climate progress despite the impending loss of many environmentally focused tax credits (Politico).

➡️ WHAT’S UP IN WASHINGTON?

There’s been lots of back and forth on the treatment of clean energy incentives in the tax-and-spending legislation known as “One Big Beautiful Bill.” House Republicans sent their version of the “OBBB” to the Senate, severely limiting certain incentives for clean energy. Then Senate Republicans released an updated version that added a punitive excise tax on clean technologies.


What did the Senate actually end up passing on July 1? The excise tax was removed, and some incentives were slightly improved—but not made whole.  Learn more about the Senate language here in E&E News.


At Press Time: House Republicans will need to overcome objections from fiscal hawks within their own party to pass the Senate version and send it to the president’s desk by his deadline of July 4.

🏛️ 7.0 – Win Politics And Policy

  • Hydro on Hold: In 2024, to escape soaring diesel costs and transition to hydropower, the Alaska Native community of Port Heiden secured a $300,000 grant from Climate United, a tiny slice of the coalition’s $7 billion in IRA funding. The funds are now frozen by Trump’s EPA, stalling critical decarbonization projects nationwide (Grist).

  • EU Rewrites the ESG Rulebook: Under pressure from Germany and France to address concerns over competitiveness, European lawmakers are revising ESG regulations to ease burdens on businesses. One proposal would raise the threshold for mandatory climate and sustainability disclosures from companies with 250 employees to those with more than 3,000 (Bloomberg).

🏃 8.0 – Turn Movements Into Action

  • Don’t Feed the Fire: Power utilities in potentially high-risk areas remain underprepared for the growing threat of U.S. wildfires. Many utilities in the Southeast, Gulf Coast, and Upper Midwest lack public mitigation plans, partly due to regulatory barriers. As the recent Los Angeles wildfires revealed, many existing plans overlook higher-voltage transmission lines and deactivated infrastructure (Stanford Report).

  • End of an ESG Era: Institutional asset owners in North America, Europe, and Asia-Pacific say they are moving away from ESG as a single strategy, instead treating it as three distinct elements, with the “E” (environment) as their top priority. With ESG now seen as polarizing, many investors prefer alternative terms, such as “sustainable” or “responsible” investing (Bloomberg).

  • Pilgrimage Under Pressure: As climate change pushes temperatures above 100°F, the sacred pilgrimage of Hajj has become a life-threatening journey, especially for unregistered pilgrims lacking access to official cooling shelters. Saudi authorities are racing to expand heat protections, enforce permit regulations, and adapt infrastructure to the extreme desert heat (New York Times).

9.0 – Innovate!

  • Sucking Up The Trash: Bergen, a 955-year-old Norwegian city, has reduced diesel emissions from waste collection by 90 percent with a citywide pneumatic system—a high-powered underground vacuum network that sucks garbage through tubes beneath the streets—and the infrastructure isn’t even finished yet. As users of one of about 200 such systems in the world, Bergen’s 300,000 inhabitants dump their trash and recycling into tubes that suck the waste out of the city at speeds of 40 miles per hour (The Washington Post).

  • From Sewer to Sink: By investing heavily in wastewater reuse and water conservation initiatives, Las Vegas has succeeded in cutting its total water consumption even as the metropolitan area has more than doubled its population over the last two decades, to nearly 2.4 million people. For smaller boomtowns in the Southwest, such as St. George, Utah, sewage recycling presents the most promising solution to ever-increasing water scarcity in the region (NPR).

OKR Highlight

Global public investment in sustainability research and development rose by 1 percent in 2024, to $26.8 billion, the eighth consecutive annual increase.


While this progress signals sustained funding commitments by countries around the world, we still have far to go to reach the target set by OKR 10.2, which calls for investment in basic and applied energy research to rise to $120 billion per year.


This early funding is essential to seed technologies of the futureand to forge breakthroughs in clean technology.

💰 10.0 – Invest!

  • Next Up in Nuclear: In a move to address surging energy demand, the World Bank lifted a longstanding ban on funding nuclear power projects. Along with the International Atomic Energy Agency, the Bank aims to extend the lifespans of existing reactors, support grid upgrades, and develop new small modular reactors (Bloomberg).

For more, follow Speed & Scale on LinkedIn and X.

Share this email with a friend by forwarding it!