The United Nations (UN) Paris Climate Agreement requires unprecedented efforts to prevent global warming above 1.5–2°C. Despite geopolitical, economic, and other disruptions, cooperation in the climate sphere is one of the key directions of international interaction among the world’s leading economies. Many countries have adopted decarbonization strategies and carbon neutrality targets by 2050–2070. Economic analysis of decarbonization scenarios shows that zero-carbon technologies in energy, industries, and other sectors could play a crucial role in reduction of carbon emissions worldwide. Achievement of Paris Agreement goals could be more efficient if the mechanisms of international climate cooperation, carbon pricing, and regulation were broadly applied

This article was prepared under the research grant provided by the Ministry of Science and Higher Education of the Russian Federation (ID: 075-15-2022-325).

This article was submitted on 08.07.2022