Joe Biden has made it a presidential objective, and henceforth a bulwark against inflation: the country must have reduced its net greenhouse gas emissions by 50% by 2030 compared to 2005 emissions.
Under the scrutiny of the Carbon Action Tracker initiative, whose work was presented this week in NYC, the US roadmap is less promising.
The policies and measures taken by the country do not live up to the target and undermine its credibility.
The city of New York is organising its climate convention and thus offering a global showcase to its participants.
The IRA and the colossal budget dedicated to greening the American economy by 2030 have created a huge call for projects. If the week’s busy schedule is anything to go by, big brands, start-ups, NGOs and strategists have responded. For Positivéco, this was an opportunity to put the American green economic policy and the attractiveness of its market at the heart of our attention.
Joe Biden has made it a presidential objective, and henceforth a bulwark against inflation: the country must have reduced its net greenhouse gas emissions by 50% by 2030 compared to 2005 emissions. He registered it with the United Nations when the country joined the Paris Climate Agreement in 2021.
According to US projections, the emissions curve would have bent permanently. Annual emissions would fall.
Under the scrutiny of the Carbon Action Tracker initiative, whose work was presented this week in NYC, the US roadmap is less promising. There would have been a pause in emissions in 2020 due to Covid, but emissions would have increased in 2021 by 6% compared to 2020. The policies and measures taken by the country do not live up to the target and undermine its credibility.
The global thermometer continues to rise.
Only 8-9% of global emissions would be covered by a satisfactory mitigation target. For an almost complete review of national and regional commitments, go to the NGO’s website.
Source: CAT warming projections, Global temperature increase by 2100, November 2021 Update
*NDC : Nationally Determined Contribution – https://unfccc.int/ndc-information/nationally-determined-contributions-ndcs
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About Positivéco
At Positivéco, we see the new national and international regulations on CSR as an opportunity for positive growth.
Our aim: to apply financial and commercial skills to structure projects outside the traditional silos.
Since 2009, we have been supporting climate investment and development aid projects; we evaluate CSR policies and carry out extra-financial reporting for our clients. Positivéco advises financial institutions, public actors, listed and non-listed companies.
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Who we are
With Positivéco, your success is our priority. Since our conception, we have always applied financial and commercial expertise outside the traditional silos, to structure successful and impactful client projects. This improves the visibility of your activities for enhanced profitability and increases your financial valuation.
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