Small & Medium Enterprises are Critical to Net-Zero Goals

194 Parties committed to the Paris Agreement, which entered into force in 2016 . The stated terms were to reduce carbon emissions by 45% by 2030 and reach net zero carbon emissions by 2050. Reaching these ambitious global targets requires the collaborative effort of all parties, including governments, NGOs, and businesses both large and small. While large corporations have the resources and capital to implement initiatives to achieve these goals, small and medium enterprises (SMEs) face an uphill challenge. SMEs must get involved and decarbonize as pressure mounts from customers—often large corporations—and risks of inaction in the…