UN Report Warns About A Climate Crossroads: Statement
FOR IMMEDIATE RELEASE: March 20, 2023
United Nations’ IPCC Synthesis Report Warns the World Is At a Climate Crossroads, Highlighting the Need to Establish Twin Targets to Reduce and Remove Carbon Dioxide: Statement
The UN Intergovernmental Panel on Climate Change (IPCC) published a Synthesis Report today, warning that the damages and risks of climate change will escalate rapidly if action is not taken. The Carbon Business Council, a nonprofit trade association of more than 80 member companies committed to responsibly restoring the climate, has issued the following statement in response. The statement can be attributed to Ben Rubin, Executive Director.
“We are at a climate crossroads. By setting twin targets for reducing and removing carbon dioxide, we can chart a pathway toward a resilient and prosperous future. The IPCC report makes clear that the window of opportunity is closing quickly, highlighting the urgent need to reduce greenhouse gas emissions. Reducing emissions is crucial but not enough: the report affirms that gigatons of carbon removal are required to help restore the climate. Innovators are actively working to meet this climate challenge by finding cost-effective and responsible ways to deploy carbon removal.”
Twin targets, which includes setting a target for reductions and removals, ensures that both pillars of climate action take place in a transparent manner. Scientists from around the world have reached consensus that gigatons of carbon removal will be needed to meet the goals of the Paris Agreement, in tandem with the important work of reducing emissions. This finding has been highlighted in multiple reports from the Intergovernmental Panel on Climate Change. The synthesis report is the last in the IPCC series in the AR6 report cycle.
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Carbon Business Council (CO2BC), a member-driven and tech-neutral trade association of companies unified to restore the climate, is the preeminent industry voice for carbon management innovators. Together, the nonprofit coalition represents more than 80 companies across six continents with more than 1.5 billion in combined assets.