What is decarbonization ?
Decarbonization can refer to the process in which any entity that generates emissions such as a company, organization, or sector, reduces its carbon footprint by reducing its greenhouse gas emissions.
Why do we need it?
Decarbonization is a strategy taken up by many corporations worldwide to reduce their impact on the climate and to mitigate the effects of global warming. Decarbonization has become more relevant in recent years due to increased pressure put on organizations by various international accords such as the Paris Agreement, the COP26 discussions, and the G7 meetings to name a few. Decarbonization is a fundamental part of mitigating climate change to 1.5C by 2050.