COP28 in Dubai achieved a historic breakthrough in addressing the finance gap for loss and damage (L&D). On the opening day, the Parties agreed to operationalize the L&D Fund for responding to L&D, which has received U.S. $661.39 million in pledges to date. More than U.S. $100 million was pledged for funding arrangements for L&D. […]
There is broad consensus that both aggressive greenhouse gas emissions reductions and gigatons of carbon dioxide removal (CDR) will be needed to limit the rise in average global temperatures to below 2 degrees C above preindustrial levels. In addition to widespread deployment of nature-based CDR solutions like reforestation and agricultural soil management, new forms of […]
This factsheet accompanies the full brief that explores C2ES’s engineered carbon removal federal policy recommendations.
Recent momentum in the electric vehicle and battery sectors—driven largely by federal investments through the Inflation Reduction Act of 2022 and the Infrastructure Investment and Jobs Act of 2021—has led to significant investments in new production and assembly facilities in Michigan. As the birthplace of the automotive industry, Michigan now faces an opportunity to lead […]
These comments were submitted to the U.S. Internal Revenue Service on August 2, 2024.
The Enhanced Transparency Framework—which provides guidelines for Parties on reporting their progress toward achieving the goals of the Paris Agreement—is due to become fully operational in 2024 in line with Article 13 of the Paris Agreement. Under the framework, all Parties shall submit their first biennial transparency report (BTR) by December 31, 2024, at the […]
This paper was submitted to the UNFCCC High-Level Climate Champions in July 2024.
This fact sheet summarizes the Corporate Low-Carbon Transition Planning: Best Practices & Recommendations to Support Credible Action report. With this project and report, the Center for Climate and Energy Solutions (C2ES) aims to support and accelerate the development of low-carbon transition plans that align with the objectives of the Paris Agreement among companies in real-economy industry […]
Parties are expected to communicate new nationally determined contributions (NDCs) by February 10, 2025, with an end date of 2035. Although many first and second-round NDCs were designed to attract investment, they did not deliver the results that many hoped for in that regard. As Parties prepare to submit their next round of NDCs, the […]
Thousands of companies have set ambitious, interim 2030 carbon reduction goals and pledged net-zero emissions by 2050. Yet, some stakeholders are skeptical, suggesting corporate net-zero goals are no more than greenwashing. The United Nations High-Level Expert Group (HLEG) report Integrity Matters: Net Zero Commitments by Businesses, Financial Institutions, Cities and Regions emphasized that net-zero commitments […]
