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Taking the path to net zero carbon

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By illuminem briefings

· 2 min read

illuminem summarizes for you the essential news of the day. Read the full piece on Business Mirror or enjoy below:

🗞️ Driving the news: Companies are increasingly adopting green practices, integrating disaster risk reduction, reducing carbon footprints, and shifting to renewable energy
• The focus is evolving from linear to circular economies and from resilience to sustainability, aiming for net-zero emissions

🔭 The context: Net zero differs from carbon neutrality, while carbon neutrality balances emissions by purchasing carbon credits, net zero aims to cut emissions to a minimal residual amount absorbed by nature and other measures

🌍 Why it matters for the planet: Achieving net zero is critical to limiting global temperature rise to 1.5 degrees Celsius, aligning with international climate action goals
• The private sector's proactive role is essential in advancing these objectives despite the lack of formal government commitments

⏭️ What's next: The Net Zero Carbon Alliance (NZCA) seeks to expand partnerships and encourage more companies to commit to net-zero goals by 2050
• The creation of the Net Zero Media Network aims to enhance the quality of reporting on sustainability initiatives

💬 One quote: "We need accurate and impactful media coverage about these issues and why they matter to everyone," said Lloyd Cameron, Economic and Climate Counsellor, British Embassy Manila

Click for more news covering the latest on net zero

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