COP27: ‘Zero tolerance for greenwashing’, Guterres says as new report cracks down on empty net-zero pledges

(United Nations News) While a growing number of governments and non-State actors are pledging to be carbon-free, the criteria for net-zero commitments can have loopholes wide enough to “drive a diesel truck through”, the UN Secretary-General decried as his expert group on the matter published its first report on Tuesday.

The report slams greenwashing – misleading the public to believe that a company or entity is doing more to protect the environment than it is – and weak net-zero pledges and provides a roadmap to bring integrity to net-zero commitments by industry, financial institutions, cities and regions and to support a global, equitable transition to a sustainable future.

According to the experts, actors cannot claim to be ‘net zero’ while continuing to build or invest in new fossil fuel supply or any kind of environmentally destructive activities. They can’t also participate or have their partners participate in lobbying activities against climate change or just report on one part of their business’s assets while hiding the rest.

We must have zero tolerance for net-zero greenwashing. Today’s Expert Group report is a how-to guide to ensure credible, accountable net-zero pledges,” António Guterres said at the launch at the report at COP27 in Sharm el-Sheikh, Egypt.

Read more at: United Nations News

Source: CARICOM TODAY

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