Race To Zero is a global campaign to rally leadership and support from businesses, cities, regions, investors for a healthy, resilient, zero carbon recovery that prevents future threats, creates decent jobs, and unlocks inclusive, sustainable growth. All members are committed to the same overarching goal: achieving net zero emissions by 2050 at the very latest.
All this is meant is to build momentum around the shift to a decarbonised economy ahead of COP26 in November 2021, when governments must strengthen their contributions to the Paris Agreement. This will send governments a resounding signal that business, cities, regions and investors are united in meeting the Paris goals and creating a more inclusive and resilient economy.
The world emitted 37 Gt of CO2 in 2018. If other greenhouse gases (GHGs) such as methane are included, it emitted 53 Gt of carbon dioxide equivalent (CO2e) that year. According to a 2018 IPCC report on global warming, to keep global temperature rise since the beginning of the industrial revolution below 1.5°C, the world must become a ‘net zero’ carbon emitter by 2050. After reaching Net Zero, the world would need to move to a carbon negative trajectory by taking out more carbon each year from the atmosphere than it puts in. But, every country cannot wait till 2050 for this.
Reaching net zero needs two types of action: (i) reducing emissions fast so as to stay within 1.5°C, by completely stop using coal by 2050, and shifting most electricity generation to renewables and gas; (ii) removing large amounts of carbon from the atmosphere through natural or technological solutions.
The hashtag #RaceToZero is the clarion call given by the COP26 organisers.
The race is on.Fibre2Fashion.com, through its series of Sustainability Compendiums, documents and showcases the sustainability efforts of organisations and brands in the textiles-apparel-fashion industry to the world. Here’s announcing the sixth edition in the series.
Sustainability Compendium – Edition VI
Is inviting manufacturers & producers, compliance, testing & certification bodies, and brands to participate in this ambitious edition that seeks to chart a pathway towards decarbonising the economy and mitigating the chaos accentuated by the climate crisis.
Who can participate?
- If you are committed to the overarching goal: achieving net zero emissions by 2050.
- If you believe the climate change is for real and is already adversely disrupting the future.
- If you follow sustainable practices in your business, that are in tune with science-based targets.
- If you have already taken steps towards using more renewable energy than conventional energy, and have a roadmap for a complete shift.
- If you are actively making the lands greener by supporting afforestation initiatives.
- If you have clear-cut sustainability goals for your organisation as well as the people working there.
- If you abide by the latest compliances and regulations that mitigate climate change.
- If you are a part of the transformative change towards a decarbonised, circular, sustainable world.