The Council for a Competitive Climate Transition (C3T) arrives just as geopolitical shocks have become the biggest test of corporate climate commitment.
The new targets are seen as cautious and deliberately conservative. India's latest Nationally Determined Contribution to the Paris Agreement also requires more details on sector-specific decarbonisation pathways, say experts.
Colombia has been pushing for a binding global minerals treaty at several key UN meetings, including at the seventh UN Environment Assembly (UNEA-7) last December.