The Race to Zero

The Race to Zero emissions by 2050 at the latest By Climate Champions | October 21, 2020

Race To Zero is a global campaign to rally leadership and support from businesses, cities, regions, investors for a healthy, resilient, zero carbon recovery that prevents future threats, creates decent jobs, and unlocks inclusive, sustainable growth.

All members are committed to the same overarching goal: achieving net zero emissions by 2050 at the very latest.

It mobilizes a coalition of leading net zero initiatives, representing 23 regions, 454 cities, 1,397 companies, 569 universities, and 74 investors, alone making up over 12% of the global economy. These ‘real economy’ actors join 120 countries in the largest ever alliance committed to achieving net zero carbon emissions by 2050 at the latest. Net zero commitments globally now cover at least 68% of the global economy (US$84,575 billion), 56% of the global population (over 4.2 billion people), and 61% of global greenhouse gas emissions.

Led by the High-Level Climate Champions for Climate ActionNigel Topping and Gonzalo Muñoz – Race To Zero mobilizes actors outside of national governments to join the Climate Ambition Alliance, which was launched at the UNSG’s Climate Action Summit 2019 by the President of Chile, Sebastián Piñera.

The objective is to build momentum around the shift to a decarbonized economy ahead of COP26, where governments must strengthen their contributions to the Paris Agreement. This will send governments a resounding signal that business, cities, regions and investors are united in meeting the Paris goals and creating a more inclusive and resilient economy.

Individual actors (such as regions, cities, businesses and investors) are invited to join an initiative or network, which is an official Race to Zero partner. By joining one of the partners they will be directly included in Race to Zero.

Actors can currently join through the following partners:

Businesses: Business Ambition for 1.5 C – Our Only Future, B Corporation, Business Declares, The Climate Pledge, SME Climate Hub, Exponential Roadmap Initiative, and Fashion Industry Charter for Climate Action

Chambers of Commerce: International Chamber of Commerce Chambers Climate Coalition

Cities: Deadline 2020, Science Based Targets for Cities, ICLEI- Local Governments for Sustainability

Healthcare: Health Care Without Harm

Investors: Net-Zero Asset Owners Alliance, Net-Zero Asset Managers Initiative

Regions/States: Under2Coalition

Universities: Global Universities and Colleges for the Climate, Second Nature

Join the Race to Zero. Because we can do this, together. And we’re already on the way.

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