The Opportunity
1.5 °C pathway 2
“The land sector matters; in fact, it accounts for 10% of global GDP”
Despite fulfilling some of humanity's most fundamental needs such as Food Security, Valuable Resource Extraction and Economic Development, Land Use and Land Use Change are responsible for over 23% of greenhouse gas emissions, 70% of freshwater use, and over 80% of tropical deforestation and habitat loss 1.
There are no pathways to 1.5 °C without sustainable and regenerative land use. The forestry, land use and agriculture (FLAG) sector has the potential to deliver up to 30% of needed mitigation actions from now through to 2050 and is one of the few sectors that can remove carbon from the atmosphere.
1.5 °C pathway 2
Climate-aware strategies are now vital for ensuring the uninterrupted operation and resilience of businesses. Decarbonizing land use is critical for companies with exposure to FLAG emissions to achieve net-zero, nature-positive targets. For others, investing in credible land-based natural climate solutions can reduce emissions and ensure compliance with emerging regulatory risks.
1. “Leading a Sustainable Land Use Transition”. The World Economic Forum, 2022.
2. “Contribution of the land sector to a 1.5 C world". Roe et al. Nature Climate Change, 2019.