Fossil Fuel Treaty Necessary For 'Just And Socially Equitable' Clean Energy Transition: Experts On How To Achieve Net Zero By 2050

Carbon neutrality by 2050: A mechanism that will help the world achieve carbon neutrality by 2050 is carbon pricing. This is because a cost will be assigned to each ton of carbon emitted.

Net zero: Explaining that a Fossil Fuel Treaty is necessary for a just and socially equitable clean energy transition, a climate expert said that financial incentives, and support from the international community will act as catalysts in the world's journey towards achieving net zero. ( Image Source :Getty )

Net Zero By 2050: In the G20 New Delhi Leaders' Declaration signed on September 9, 2023, world leaders have pledged to achieve global net zero greenhouse gas emissions, or carbon neutrality, by mid-century, which is 2050. As part of the Green Development Pact for a Sustainable Future, the leaders have promised to achieve carbon neutrality while keeping in mind the latest scientific developments and national circumstances. They also intend to adopt approaches such as a circular carbon