Context
The Oxfam report titled ‘Tightening the Net’ states that the ‘net zero’ carbon targets that many nations have proclaimed may be a “dangerous distraction” from the precedence of curbing carbon emissions. It warns that "land-hungry" practices to achieve net zero carbon targets would cause disproportionately adverse effects like higher food prices and more hunger around the world.
Highlights of the Report:
Oxfam International The name “Oxfam” comes from the Oxford Committee for Famine Relief, founded in Britain in 1942. It campaigned for food supplies to be sent through an allied naval blockade to starving women and children in enemy-occupied Greece during the Second World War. After the War, the group continued their work of sending aid across Europe. Oxfam International was formed in 1995 by a group of independent NGOs. They joined together as a confederation to maximize efficiency and achieve greater impact to reduce global poverty and injustice. |
Problem with the Net Zero Targets/ Technologies
Land Based Carbon Removal Methods
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Net Zero Commitments Made so Far:
Policy Recommendations:
Science Based Target Initiative (SBTi) It is a partnership between CDP, the United Nations Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF) that sets standards for climate action in the private sector by enabling companies to set science-based emissions reduction targets. |
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