<p>The race towards carbon neutrality by mid-century has certainly gathered momentum in the past few years. Net-zero carbon aspirations are now increasingly common for countries, sub-national regions and companies, with about 70% of the global economy now covered by firm or indicative net-zero targets.</p>

<p>Despite the excitement, widescale change to the entire economy is required if the goals of the 2015 Paris Agreement are to be met and the temperature rise kept &ldquo;well below&rdquo; 2&deg;C above pre-industrial levels by the end of the century (2100).</p>
