The updated second edition of the Principles on Climate Obligations outline the legal obligations of enterprises, investors, (re)insurers, credit rating agents, accountants and attorneys in the face of climate change.
PRI signatories are…
PRI has published a roadmap of policies which are necessary to deliver a net zero EU economy by 2050 – "Delivering net zero emissions in the EU". The policy recommendations address the overall climate ambition and key sectors for decarbonisation: power, road transport, buildings, and industry. Together, these recommendations describe essential near-term actions to deliver on the EU climate goals of at least a 55% reduction in emissions by 2030 and reaching net zero by 2050 in a way that is economically, politically and technologically achievable and ultimately beneficial.
It is vital that the EU implement reforms to the EU ETS as part a comprehensive carbon pricing strategy aligned with the delivery of the 2050 target and increased 2030 ambition, and that this is accompanied by coherent reforms to related legislation, including the Effort Sharing Regulation, to set policy framework to deliver emissions cuts and support investment in the transition to net zero across the European economy.