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New retail associations have pledges to the Race to Zero Retail Campaign at COP15

In response to the accelerated pace at which corporates are examining and setting net-zero targets to help alleviate the climate crisis, edie's monthly Net-Zero Business podcast was created. Up next, we talk low-carbon retail with B&Q owner Kingfi...

Carbon offset markets allow the rich to emit climate-warming gases while financial intermediaries profit. By fostering the fiction that others can be paid to cut greenhouse gases (GHGs) instead, it undermines efforts to do so. Committing to achieve “net zero” carbon emissions has become a major climate change policy goal. But most climate scientists agree the target is dangerously misleading. Ostensibly promoting decarbonisation, it actually allows carbon emissions to continue rising.

Retail giant Walmart will offer early invoice payments to suppliers reducing their emissions in line with climate science, as it strives to avoid a gigaton of supply chain emissions by 2030.

Decarbonizing transportation is essential to meet climate goals and limit global warming to 1.5 degrees C above pre-industrial levels by 2050.