Foundations for Science- Based Net-Zero Target Setting in ...
Partner organizations Foundations for Science- Based Net-Zero Target Setting in the Financial Sector: Draft for Public Comment Version 0. November 2021. SBTi Finance Net-Zero Foundations Draft for Public Comment Version 0 | November 2021. @ScienceTargets /science- Based -targets Version Release date Purpose Updates on earlier version 0, SBTi FI Net-Zero Draft for public 10/11/21. Foundations Draft comment SBTi Finance Net-Zero Foundations Draft for Public Comment 1 Version 0 | November 2021. @ScienceTargets /science- Based -targets Foundations for Science- Based Net-Zero Target Setting in the Financial Sector Financial institutions have started to focus on Net-Zero as the guiding principle for their climate mitigation ambition. However, the lack of consistent principles, definitions, metrics, and evidence of effective strategies to meet Net-Zero targets limits the ability of financial institutions to support the reduction of emissions in the real economy that is needed to stabilize temperatures at C above pre-industrial levels.
and concepts for net-zero target-setting. The goal is to build a growing group of FIs that transparently, quantitatively, and robustly support the emissions reductions in the real economy needed for climate stabilization. The paper does not represent a definitive set of
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