Net Zero Cities: Private sector role key to meeting Paris goals

With the corporate sector responsible for 70% of global greenhouse-gas emissions, it stands to reason that the climate accords included in the Paris Agreement cannot be met unless the private sector steps up to do its part.

The Paris Agreement, signed in 2016, sets a goal of limiting worldwide climate warming to no more than 2 degrees Celsius (3.6 degrees Fahrenheit), and to pursue a limit of no more than 1.5 degrees Celsius (2.7 degrees Fahrenheit).

Companies are stepping up to help, even though in some cases such actions may place them at a disadvantage if their competitors choose not to participate,…