The role of the private sector in net-zero achievement should no longer be restricted to mobilizing resources or sharing knowledge. In the global race to zero, key private sector players can play a significant role in transforming their operations such that their overall emissions and carbon footprint are substantially reduced. Not only would this support global governments in catalyzing the completion of their net-zero targets while transitioning towards a greener economy, but it also allows them to future-proof themselves and build a greater resilience to survive an ever-changing world. This is especially relevant for small and medium enterprises (SMEs) and start-ups, of which the backbone of most economies is composed of.
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