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How to ensure the integrity of net-zero programs to meet climate and sustainable development goals.

Anmol Vanamali May 28, 2021

One in five of the world’s 2,000 largest publicly listed companies have now committed to a “net-zero” emissions target to help tackle climate change. The companies, representing nearly $14 trillion in sales, have promised to cut their carbon emissions to net zero by 2050 or sooner for some companies. Winrock International, a top-tier international development non-profit, is pleased to organize a 60 min panel to discuss “how net-zero programs can achieve climate and sustainable development goals”. The implicit argument here being, not all net-zero programs are created equal and it takes rigorous, science-based, and transparent approaches to ensure that climate and sustainable development goals are being fully realized. In addition, pathways to achieving global net zero emissions must be inclusive not just of a range of actors, and their priorities, but also of a range of views, including in particular those relating to moral and ethical arguments on climate justice.

1) Winrock’s expert (Tim Pearson) will begin with a presentation (10 mins) on
a) potential of leveraging international carbon reduction/removal projects for meeting corporate net-zero goals, and
b) ESG and financial risks related to carbon reduction/removal projects based in developing countries.

2) This will be followed by a presentation (10 mins) by Nestle on
a) corporate net-zero strategy and implementation plans
b) lessons or insights related to partnering with other stakeholders in the process.

3) This will be followed by a presentation by Netflix (10 mins) on
a) strategies for investing in nature-based solutions, and
b) curating a high-quality offset portfolio

4) Finally, a Winrock expert (Steve Brunn) will guide a panel discussion on how the corporations with net-zero ambitions can leverage expertise and experience of non-profits, technology providers and impact investors. (15 mins)

5) The session will end with a moderated Q&A session with the audience. (15 mins)

References:
(i) https://www.reuters.com/article/us-global-climate-carbon-business-trfn/net-zero-emissions-targets-adopted-by-one-fifth-of-worlds-largest-companies-idUSKBN2BF2ZX

(ii) https://netzeroclimate.org/

Format

Panel

Meta Themes

  • Climate Action

  • Sustainable Development

  • Impact Investing

  • Equity & Inclusion

Themes

Purpose and Desired Outcome

1) Purpose a) Raise awareness on i) Market potential of climate action in developing countries to help corporations achieve net-zero goals ii) Raise awareness of ESG and financial risks in investing in or procuring carbon reductions/removals, especially from nature-based solutions b) Share private sector best practices and experiences in design and implementation of net-zero programs c) Foster discussion on partnerships 2) Desired Outcomes a) Increased awareness on topics listed above b) Provide space for creative brainstorming on partnerships between private sector corporations and development actors for climate action c) Networking opportunities post-session

Audiences

  • Corporate & SME

  • Entrepreneurs

  • Service Providers

  • Accelerators & Incubators

Speakers

  • NameSteven Brunn
  • TitleSr. Director Private Sector Engagement
  • OrganizationWinrock International
  • StatusConfirmed
  • NameDr. Timothy Pearon
  • TitleDirector Ecosystem Services
  • OrganizationWinrock International
  • StatusConfirmed
  • NameAlexia Kelly
  • TitleDirector - Sustainability, Net Zero + Nature
  • OrganizationNetflix
  • StatusInvited
  • NameEmily Kunen
  • TitleGlobal Climate Delivery Leader
  • OrganizationNestle
  • StatusInvited
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