【Savills】The Net Zero Carbon Challenge

The UK Government has committed to reaching net zero emissions by 2050, in line with the 2015 Paris Agreement. Cambridge City Council has set the yet more ambitious target of reaching net zero by 2030 – a mere eight and a half years away. Between 2005 and 2019, Cambridge’s greenhouse gas emissions in tonnes of CO2 equivalent fell from 6.7 per person to 3.9 – an average reduction of about 3.5% per year. At this current rate, it would take until 2039 for Cambridge to actually reach net zero. Clearly, more work must be done if the city wants to hit its target. What’s more, these figures only include Scope 1 & 2 emissions (more direct, measurable emissions) and not the total level of emissions all along supply chains – Scope 3 emissions. This means the actual challenge is larger than the published data may suggest.

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