The Net-Zero Data Public Utility
The Challenge
Today, climate transition-related data, including key data on company greenhouse gas (GHG) emissions and emission reduction targets, is not reported consistently, and there are often barriers to accessing this information. For companies, calculating their overall carbon footprint can be costly, and the lack of accessible data can make benchmarking against peers challenging. Regulators, investors, and other stakeholders who aim to develop robust net-zero strategies can struggle to source the comparable, high quality underlying data necessary to do so. Access to key climate transition-related data enables action and encourages accountability.
Better information, accessible by everyone, will help accelerate the transition toward a net-zero economy.
The Climate Data Steering Committee
To address this global data challenge, French President Emmanuel Macron and UN Special Envoy for Climate Ambition and Solutions Michael R. Bloomberg created the Climate Data Steering Committee (CDSC) in June 2022. At its core, the Committee aims to serve the climate objectives of the United Nations by driving forward global momentum to build a broadly accessible foundation of high-quality climate data that is critical to delivering a net-zero economy.
Soon after its creation, the CDSC convened global regulators, policymakers, civil society organizations, and other financial market participants to consider and advise on what data is needed to support and accelerate the net-zero transition.
Request for Proposal (RFP)
The NZDPU requires a contractor to provide a technical execution team with strong engineering, data management, and product development capabilities to deliver a beta pilot of the data platform, in line with the recommendations of the CDSC. Once built, the beta pilot will be launched to allow for public use. The NZDPU will be designed to be part of the United Nations Framework Convention on Climate Change (UNFCCC) Global Climate Action Portal.
Want to engage with the NZDPU?
Join one of our Focus Groups
Several focus groups will contribute their input to the Utility as it is designed and built. The focus groups will gather diverse industry players to discuss challenges and opportunities in the climate transition-related data space. Focus group participants will provide advice and insights to the NZDPU to advance creation of the beta pilot across its features, including its data models and functionality. Learn more about joining the focus group in the Focus Group Charter.
NZDPU Focus Groups are for the following user segments:
- Financial Institutions
- Assurance, Verification, and Data Service Providers
- Real Economy Companies and Corporates