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Race to Zero Campaign

Race to Zero Campaign 5 June 2020

Starting gun fired for UN–backed ‘Race to Zero’ campaign (via Business Green)

By Cecilia Keating

Secretary of State and COP26 President Alok Sharma urges companies, cities and regions to “unite behind a green global recovery” and join new Race to Zero campaign, which will run until COP26 in Glasgow.

The groundswell of support for climate action and a green economic recovery will grow further today, with the official launch of an unprecedented alliance of private and public actors who have joined forces for a new campaign that seeks to turbocharge the adoption of net zero emissions strategies across the world ahead of the COP26 climate conference.

The ‘Race to Zero’ campaign, launched by the UNFCCC’s Champions for Climate Action to mark World Environment Day, comprises roughly 1,000 businesses with annual revenues totalling $4.72tr, as well as 458 cities, 505 universities, 24 regions, and 36 major investors. As such it represents one of the most significant calls for a green recovery from the coronavirus crisis to date, building on a raft of similar interventions from business and campaign groups in recent weeks. 

All participants in the campaign have committed to submit a plan on how they intend to reach net zero emissions by mid–century ahead of the rescheduled COP26 Climate Summit, which is now slated to take place in Glasgow in November next year. Plans must meet specific criteria set out by the University of Oxford and include shorter–term interim targets as well as a long term net zero goal.

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