More about Objective 7.0
Nothing will advance our plan faster than smart policy. The next set of global policy actions must accelerate the world’s transition to net zero by 2050 while defining how each country will tackle the challenge.
Which policy changes are essential? Nations must commit to the 2030 emissions reduction targets and the 2050 net zero objective in six areas: electric power, transportation, industry, buildings, methane leaks, and carbon labeling on products.
To meet their targets, nations must end subsidies for fossil fuels and harmful agricultural practices. We also need national policies to set a price on carbon and enforce bans on hydrofluorocarbon refrigerants, which trap thousands of times the heat in the atmosphere, pound for pound, as CO2.
Finally, we must provide long-term support for these initiatives with a major step-up in government R&D funding for vital innovations.