Which one of the following is the primary objective of the Science Bas...
Primary Objective of the Science Based Targets Initiative (SBTi)
The primary objective of the Science Based Targets Initiative (SBTi) is to limit global warming to well below 2°C above pre-industrial levels. This is in line with the goals of the Paris Agreement, which aims to keep global temperature rise well below 2°C and pursue efforts to limit it to 1.5°C.
Importance of Limiting Global Warming
- Limiting global warming is crucial to prevent the most severe impacts of climate change, such as extreme weather events, sea-level rise, and ecosystem disruptions.
- By setting science-based targets, companies and organizations can align their emissions reduction efforts with the latest climate science, ensuring that their actions are effective in combating climate change.
Role of SBTi in Achieving Climate Goals
- SBTi provides a framework for companies to set emissions reduction targets that are consistent with the level of decarbonization required to meet the Paris Agreement goals.
- By engaging with SBTi, companies can demonstrate their commitment to climate action and contribute to the global effort to limit global warming.
Collaboration and Support
- SBTi works with companies, NGOs, and other stakeholders to promote the adoption of science-based targets across various sectors.
- Through collaboration and support, SBTi aims to drive a transition to a low-carbon economy and accelerate progress towards a sustainable future.
In conclusion, the primary objective of the Science Based Targets Initiative is to limit global warming to well below 2°C above pre-industrial levels by encouraging companies to set science-based emissions reduction targets. This is essential in the fight against climate change and the preservation of a habitable planet for future generations.
Which one of the following is the primary objective of the Science Bas...
A contentious recent decision by the Science Based Targets Initiative (SBTi), permitting carbon offsetting for Scope 3 emissions of businesses with SBTi-based climate targets, has stirred controversy and skepticism.
About Science Based Targets Initiative (SBTi):
- SBTi is a global initiative established in 2015 that aims to encourage and support companies to set Science-Based Targets (SBTs) to reduce greenhouse gas emissions and limit global warming to well below 2°C above pre-industrial levels.
- The SBTi is a partnership between CDP, the United Nations Global Compact, the World Resources Institute (WRI) and the World Wide Fund for Nature (WWF).
- The SBTi provides a framework and guidelines for companies to set targets that are in line with the latest climate science, including the goals of the Paris Agreement.
- This involves setting targets that are consistent with limiting warming to 1.5 °C above pre-industrial levels, which is the more ambitious goal of the Paris Agreement.
- Companies can have their targets independently verified and approved by the SBTi, which helps to ensure that they are aligned with the latest science and are in line with the goals of the Paris Agreement.
- By setting science-based targets, companies can demonstrate their commitment to addressing climate change and reducing their carbon footprint.
- The SBTi distinguishes between near- and long-term goals and commitments.
- Near-term targets show how organizations intend to reduce emissions over the next 5-10 years, crucial for significant progress by 2030 and a prerequisite for net zero targets.
- Long-term targets indicate how organizations need to reduce their emissions to achieve net zero, according to the criteria of the SBTi Corporate Net-Zero Standard, by 2050 at the latest (2040 for the energy sector).
- SBTi oversees the SBTi Net-Zero Standard, a pioneering framework for corporate net-zero target establishment.
- It is the world’s only framework for corporate net-zero target setting in line with climate science.
- It provides the guidance and tools companies need to set science-based net-zero targets.
Hence option c is the correct answer.
To make sure you are not studying endlessly, EduRev has designed UPSC study material, with Structured Courses, Videos, & Test Series. Plus get personalized analysis, doubt solving and improvement plans to achieve a great score in UPSC.