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Implications of COP21: How do Corporate Carbon Reduction Targets Stack up?

The climate deal struck in Paris set an ambitious goal of limiting the temperature rise to 2 degrees Celsius, with a stretch goal of 1.5 degrees. While the key elements of legally binding country emission reduction targets appeared to be missing, countries agreed to submit five-year updates to their emissions reduction pledges and to establish a framework for monitoring, measuring and verifying emissions reductions.