Corporate climate pledges are multiplying faster than actual emissions reductions, with SBTi reporting 11,000 companies now having validated plans—representing 41% of global market capitalization. Meanwhile, Big Tech's AI expansion is driving 30-48% emissions increases while these same companies tout AI as a sustainability solution. The $300 billion climate finance fund announced at COP29 remains unfunded while The Climate Pledge approaches 600 signatories with minimal verification mechanisms.
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