Despite growing global action, efforts remain insufficient to limit the global temperature rise to 1.5 degrees Celsius. While emissions reductions across value chains remain the priority, most companies will continue to generate ongoing emissions during the transition to net zero, alongside a smaller volume of residual emissions at the net‑zero point.
To achieve net‑zero goals in line with the Paris Agreement, carbon dioxide removals will need to scale to billions of tonnes annually by mid-century. One key challenge is the financing gap to meet global goals. A common mechanism for this is voluntary markets, where companies can buy high-quality credits that finance critical climate and nature efforts outside their value chains, supporting global climate, nature and equity goals.
Through our work, WBCSD supports companies in
Navigating this evolving landscape
Building capability
Translating climate ambition into credible, practical action
- While emissions reductions across value chains remain the priority, most companies will continue to have ongoing emissions during the transition to net zero, as well as residual emissions at net zero.
- High-integrity carbon credits can play an important role in accelerating global climate and nature action, by channeling finance towards emissions reductions, carbon removals, nature protection and sustainable development.
