I think 2050 is perhaps the endgame for any of us working in this space. It's about actually interim targets. It's about looking at pathways. It's about looking at scope 1, scope 2 and scope 3 emissions and actually working on a plan to get there. A plan cannot just be “we will be net zero by 2050”. It has to have interim elements attached to it. It has to show progress. Like any plan, it must be monitored. We will need to see progress in the reporting from the companies that would be applicable for transition financing.
On April 26th, 2022. See this statement in context.