The Net Zero Overview

The term “Net zero” describes the balance in the atmosphere between the amount of greenhouse gas emissions released into and removed from the atmosphere in a bid to reduce global warming. Net zero allows some emissions to be above zero levels as long as they are offset elsewhere. Therefore, It doesn’t mean the absence of emissions but that emissions are somehow negated as they are generated. Net zero is an internationally agreed mitigation technique for global emissions and warming. 

The goal of the Paris Agreement in 2015 is to limit global warming to well below 2 degrees Celsius and limit the temperature increase to 1.5 degrees Celsius, above pre-industrial levels. Thus, the reports on the Global Warming Intergovernmental Panel on Climate Change noted that to achieve the goals of the Paris Agreement, it is crucial to attaining a global emission balance (Net-zero) by 2050.

Ways to achieve net zero:

  1. Decarbonizing the transport sector by electrifying transport can go a long way to help in attaining Net zero goals globally, as the transport sector contributes about 15% to global emissions, according to COP Presidency.
  2. Improving energy efficiency in buildings will help reduce global emissions. In addition, improved ventilation and natural lighting can help reduce the need for air conditioning in tropical regions and conserve energy.
  3. Introducing Carbon Sinks to absorb GHG emissions in the atmosphere. A typical carbon sink is a forest; Plants play a crucial role in absorbing CO2 in the atmosphere.
  4. Carbon Capture and Storage is a technique which takes carbon from industrial activities or power generation and stores it in the ground.

Several countries have committed to reaching Net-zero and have adopted a target year to achieve this goal.

Country Net-Zero Target
Argentina 2050
Australia 2050
Austria 2050
Bhutan  2030
Brazil 2050
Canada 2050
Chile 2050
China 2060
Colombia 2050
European Union 2050
Fiji 2050
Finland 2035
France 2050
The Gambia 2050
Germany 2045
Hungary 2050
Iceland 2042
India 2070
Indonesia 2060
Italy 2050
Japan 2050
New Zealand 2050
Nigeria 2060
Peru 2050
Portugal 2045
Republic of Korea 2050
Russia 2060
Saudi Arabia  2060
Singapore 2050
Slovenia 2050
South Africa 2050
Sweden 2045
Switzerland  2050
Thailand 2065
Turkiye 2053
United Arab Emirates 2050
United Kingdom 2050
United States of America 2050
Vietnam 2050

 

Data Retrieved from:

  • Emissions Gap Report 2022: The Closing Window – Climate crisis calls for rapid transformation of societies, UN Report
  • https://climateactiontracker.org/

 

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