It is unclear to how accounting for transfers can be done accurately given the diversity of national climate pledges and the ongoing discussions on features of these pledges. (carbonmarketwatch.org)
The additional net total investment, relative to the trends that emerge from current climate pledges, would be equivalent to 0.3 % of global gross domestic product (GDP) in 2050. (greencarcongress.com)
For one, these national climate pledges are unlikely to prove legally binding in any way. (vox.com)