Davos 2023: UN chief urges ‘credible’ net-zero pledges or risk greenwashing

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Davos 2023: UN chief urges ‘credible’ net-zero pledges or risk greenwashing
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DAVOS, Jan 18 — UN Secretary-General Antonio Guterres today called on business leaders gathered at the World Economic Forum in Davos to follow the principles outlined by an...

DAVOS, Jan 18 — UN Secretary-General Antonio Guterres today called on business leaders gathered at the World Economic Forum in Davos to follow the principles outlined by an expert group to make “credible”, accountable net-zero pledges.

While companies are increasingly pledging to cut greenhouse gas emissions to as close as possible to zero, the benchmarks and criteria they use “are often dubious or murky”, the UN chief told the Davos delegates. He urged the participants: “Put forward credible and transparent transition plans on how to achieve net-zero — and submit those plans before the end of this year.”

The green energy transition of world powers has been one of the central themes at the forum in Davos, where the European Union said it would mobilise state aid to keep firms from relocating to the United States as part of its Green Deal industrial plan.

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