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November 9, 2022

UN experts urge stringent rules to stop net zero greenwash

By KELVIN CHAN
AP Business Writer

SHARM EL-SHEIKH, Egypt — Companies pledging to get their emissions down to net zero better make sure they've got a credible plan and aren't just making false promises, U.N. experts said in a report Tuesday urging tough standards on emissions cutting vows.

Released at the the U.N.'s flagship climate conference in the Egyptian seaside resort of Sharm el-Sheikh, the group of experts set out a number of strict recommendations for businesses, banks, and local governments making net zero pledges to ensure that their promises amount to meaningful action instead of “bogus” assurances.


 
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