"A growing number of governments and nonstate actors are pledging to be carbon-free—and obviously that's good news," Guterres said while introducing a report, entitled Integrity Matters: Net-Zero Commitments by Businesses, Financial Institutions, Cities, and Regions, "The problem is that the criteria and benchmarks for these net-zero commitments have varying levels of rigor and loopholes wide enough to drive a diesel truck through."
"We must have zero tolerance for net-zero greenwashing," he continued. "Today's expert group report is a how-to guide to ensure credible, accountable net-zero pledges. Let's tell it like it is. Using bogus 'net-zero' pledges to cover up massive fossil fuel expansion is reprehensible. It is rank deception. This toxic cover-up could push our world over the climate cliff. The sham must end. "
"We urgently need every business, investor, city, state, and region to walk the talk on their net-zero promises," Guterres added. "We cannot afford slow movers, fake movers, or any form of greenwashing."
"This analysis only scratches the surface of how deeply conflicted these 'net-zero' initiatives are," Sara Shaw, climate justice and energy international program coordinator for Friends of the Earth International, said in a statement. "It paints a picture of how this isn't just about polluters trying to build 'green credibility,' but of how they position themselves to shape and obstruct policy progress."
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