Recommendations for credible net-zero comittments from financial institutions

This paper sets out a high-level framework for what a credible, transparent and comparable 1.5°C science-based commitment looks like and what it will mean for the real economy transition. By defining net-zero, this guidance helps financial institutions achieve consistency in target setting and implementation of their net-zero goals. It is an input paper to the G20 Sustainable Finance Working Group authored by UNEP FI.