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CTEC - Sovereign Bond Climate Risk: Not All Net Zero Pledges Are Equal
Global X CleanTech ETF
Not all Net Zero targets are created equal. Depending on historical and current carbon emissions, some are more ambitious than others.
On average, we find that the current Net Zero targets will, if met, collectively deliver a global temperature rise of 2.1°C, well above the 1.5°C targeted by the climate talks.
In addition to growing moral pressure from the international community and domestic stakeholders, climate laggards face more concrete economic penalties.