The Art and Science of City Carbon Budgets

In 2017, the City of Oslo pioneered a game-changing approach to fighting climate change: the carbon budget. The budget sets a cap on how much the city can emit before 2030, when Oslo plans to become carbon neutral, and divides that amount into annual budgets. The City’s finance department considers the budget alongside its finances when making decisions. The City describes it as the “most important management tool” for achieving its ambitious goal of net-zero emissions by 2030.  We couldn’t agree more.  Read more