Track Progress
to Net Zero

Ten objectives, 49 key results. See where momentum is building and where more urgency and ambition are needed. 
1.0
Electrify Transportation
1.0 Electrify Transportation
2.0
Decarbonize the Grid
2.0 Decarbonize the Grid
3.0
Fix Food
3.0 Fix Food
4.0
Protect Nature
4.0 Protect Nature
5.0
Clean Up Industry
5.0 Clean Up Industry
6.0
Remove Carbon
6.0 Remove Carbon
7.0
Win Politics and Policy
7.0 Win Politics and Policy
8.0
Turn Movements into Action
8.0 Turn Movements into Action
9.0
Innovate!
9.0 Innovate!
10.0
Invest!
10.0 Invest!
1.0
Electrify Transportation
Driven by more affordable prices, buses and passenger vehicles are well on the road to net zero. But we still have miles to go for trucks, planes, and ships.
↓ 6 Gt
Total gigatons of emissions reduction if Objective 1.0 is achieved
Key Result:
Status:
Reduction Potential:
1.1
Price

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

Updated April 2025
Status:
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
Status:
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
Status:
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
Status:
Failing

Electric share of global truck sales was 0.9% in 2023

(BEVs, FCVs, and PHEVs)

Source: BloombergNEF, 2023

1.5
Miles

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
Status:
Insufficient Progress

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

(BEVs, FCVs, and PHEVs)

Source: BloombergNEF, 2024

Reduction Potential: ↓ 5 Gt
1.6
Planes

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

Updated April 2025
Status:
Failing

0.3% of fuel use is low-carbon

Source: BloombergNEF, 2025

Reduction Potential: ↓ 0.3 Gt
1.7
Maritime

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

Updated April 2025
Status:
Failing

Zero percent of new ships are low-carbon

Source: Global Martime Forum, 2024

Reduction Potential: ↓ 0.6 Gt
2.0
Decarbonize the Grid
To zero out power sector emissions, we need renewable energy–including storage–to be cheaper than fossil fuels worldwide.
↓ 21 Gt
Total gigatons of emissions reduction if Objective 2.0 is achieved
Key Result:
Status:
Reduction Potential:
2.1
Zero Emissions

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

Updated April 2025
Status:
Insufficient Progress

39% of electricity came from emissions free sources in 2023

Source: Energy Institute, 2024

Reduction Potential: ↓ 16.5 Gt
2.2
Solar & Wind

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

Updated April 2025
Status:
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
Status:
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
Status:
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

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

Updated September 2025
Status:
Code Red

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

Reduction Potential: ↓ 3 Gt
2.6
Heating & Cooking

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

Updated April 2025
Status:
Failing

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

Reduction Potential: ↓ 1.5 Gt
2.7
Cleaner Economy

Triple the ratio of GDP to fossil fuel consumption.

Updated May 2025
Status:
Insufficient Progress

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

Source: Energy Institute and World Bank, 2024

3.0
Fix Food
To counter growing global demand for beef, the next round of alternatives will need to win on taste, affordability, and health.
↓ 7 Gt
Total gigatons of emissions reduction if Objective 3.0 is achieved
Key Result:
Status:
Reduction Potential:
3.1
Farm Soils

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

Updated April 2025
Status:
Limited Data

Limited Data

Reduction Potential: ↓ 2 Gt
3.2
Fertilizers

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

Updated April 2025
Status:
Failing

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

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

Reduction Potential: ↓ 0.5 Gt
3.3
Cows

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

Updated April 2025
Status:
Code Red

3.3 gigatons of emissions from beef and dairy in 2022

Reduction Potential: ↓ 3 Gt
3.4
Rice

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

Updated April 2025
Status:
Failing

1.1 gigaton of CO2e resulting from rice production

Source: Our World in Data, 2024

Reduction Potential: ↓ 0.5 Gt
3.5
Food Waste

Cut food waste to 10% by 2050.

Updated April 2025
Status:
Failing

31% of food in the US is wasted

Source: ReFed, 2024

Reduction Potential: ↓ 1 Gt
4.0
Protect Nature
Restoring nature’s carbon sinks demands active human intervention.
↓ 7 Gt
Total gigatons of emissions reduction if Objective 4.0 is achieved
Key Result:
Status:
Reduction Potential:
4.1
Forests

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

Updated May 2025
Status:
Code Red

16.1 million hectares of permanent tree cover loss

Source: Global Forest Watch, 2025

Reduction Potential: ↓ 6 Gt
4.2
Oceans

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

Updated April 2025
Status:
Failing

8.4% of the earth’s oceans are protected

Source: Protected Planet, 2024

Reduction Potential: ↓ 1 Gt
4.3
Lands

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

Updated April 2025
Status:
Insufficient Progress

17.6% of the world’s lands are protected

Source: Protected Planet, 2024

5.0
Clean Up Industry
To speed the transition to green materials, the clean industrial choice must become the cheaper choice.
↓ 8 Gt
Total gigatons of emissions reduction if Objective 5.0 is achieved
Key Result:
Status:
Reduction Potential:
5.1
Steel

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

Updated April 2025
Status:
Code Red

3.4 gigatons of emissions from steel production (CO2 equivalent)

Source: Climate TRACE, 2025

Reduction Potential: ↓ 3 Gt
5.2
Cement

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

Updated April 2025
Status:
Code Red

3 gigatons of emissions from cement production (CO2 equivalent)

Source: UNEP, 2024

Reduction Potential: ↓ 2 Gt
5.3
Other Industries

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

Updated April 2025
Status:
Code Red

5.1 gigatons emitted from other industries (CO2 equivalent)

Source: Climate TRACE, 2025

Reduction Potential: ↓ 3 Gt
6.0
Remove Carbon
Our planet needs a broad set of removal solutions, from direct air capture to forest restoration. To reach net zero in time, we must start funding and scaling them now.
↓ 10 Gt
Total gigatons of emissions reduction if Objective 6.0 is achieved
Key Result:
Status:
Reduction Potential:
6.1
Nature-Based Removal

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

Updated April 2025
Status:
Code Red

0.05 gigatons of nature-based carbon removal being tracked

Source: Climate Focus, 2025

Reduction Potential: ↓ 5 Gt
6.2
Engineered Removal

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

Updated April 2025
Status:
Code Red

Currently, 0.0006 gigatons are being removed annually

Source: CDR.fyi, 2024

Reduction Potential: ↓ 5 Gt
7.0
Win Politics and Policy
With progress slowed on net zero pledges and high-impact policies, the world remains far off course. More aggressive climate action is needed.
Key Result:
Status:
Reduction Potential:
7.1
Net Zero Pledges

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

Updated May 2025
Status:
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
Status:
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
Status:
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
Status:
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
Status:
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
Status:
On Track

All five major emitters have ratified the Kigali amendment

8.0
Turn Movements into Action
Though corporate net zero commitments have stalled, movements can still help decarbonize the world.
Key Result:
Status:
Reduction Potential:
8.1
Voters

The climate crisis becomes a top-three issue.

Updated April 2025
Status:
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
Status:
Limited Data

Limited Data

8.3
Business

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

Updated April 2025
Status:
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
Status:
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
Status:
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
Status:
Insufficient Progress

16.2 million people employed in clean energy jobs

9.0
Innovate!
To help clean innovations flourish, we’ll need bolder investment by early adopters.
Key Result:
Status:
Reduction Potential:
9.1
Batteries

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

Updated April 2025
Status:
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
Status:
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
Status:
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
Status:
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
Status:
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

10.0
Invest!
Project financing has achieved our target and then some, and cleantech venture funding is mostly a success story. But government R&D and philanthropy are lagging.
Key Result:
Status:
Reduction Potential:
10.1
Financial Incentives

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

Updated April 2025
Status:
Limited Data

Limited Data

10.2
Government R&D

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

Updated July 2025
Status:
Insufficient Progress

Low carbon R&D globally: $26.8 billion

10.3
Venture Capital

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

Updated April 2025
Status:
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
Status:
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
Status:
Insufficient Progress

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

April 2025 update