Sentences with phrase «setting real emission reduction»

Not exact matches

The availability of verified emissions data has allowed the Commission to ensure that the cap on national allocations under the second phase is set at a level that results in real emission reductions.

The essence of the declaration is a recognition by financial institutions from around the globe that anthropogenic climate change is real, the cost of inaction will be extremely high, financial institutions must take greater action and integrate climate change into their everyday decision - making, and governments need to do more, namely set ambitious, long - term targets for emissions reduction.