COP27 – Corporate climate pledges rife with greenwashing – U.N. expert group

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• Report aims to draw ‘red line’ around false claims

• Group recommends check list for quality

• Says fossil fuel expansion cannot be net-zero aligned

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Promises by companies, banks and cities to achieve net-zero emissions often amount to little more than greenwashing, U.N. experts said in a report on Tuesday as they set out proposed new standards to harden net-zero claims.

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The report, released at the COP27 climate conference in Egypt, is intended to draw a “red line” around false claims of progress in the fight against global warming that can confuse consumers, investors and policy makers.

COP27 – Corporate climate pledges rife with greenwashing – U.N. expert group

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