, Columnist
Net Zero Is a Pipe Dream Without Total Inclusion
To really save the planet, we must help emerging markets go green. That means robust carbon markets, debt-for-climate deals and financing options to speed the transition.
Net zero is unattainable if there are exceptions.
Photographer: Jonathan Nackstrand/AFP via Getty Images
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There is an incontrovertible and sobering fact about the drive to net zero. Any effort that doesn’t work for the whole world will fail everywhere. A path that favors developed markets at the expense of others will lead to a partial net zero, which is no net zero at all.
Unfortunately, too many countries, companies and investors see achieving this goal by mid-century as a divided race against metrics rather than as a united race against time.