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19 May 20211 minute read

Report outlines 400 steps to Net Zero

ECAtoday
Report outlines 400 steps to Net Zero

A new report published by the International Energy Agency (IEA) outlines the changes need in the power, energy and heat sectors to limit global warming to 1.5C.

The report states that the window to deliver on Net Zero by 2050 is “narrow” but it offers a roadmap with over 400 milestones which IEA says could bring “huge benefits” in terms of job creation, economic growth and wellbeing.

Proposed measures include stopping investment fossil fuel supply projects immediately and increasing global solar PV capacity to 630GW and wind capacity to 390GW by 2030.

The IEA also recommends that all nations ban new petrol and diesel car sales by 2035. The UK has already set a 2030 date, brought forward twice following criticism from bodies including the Government’s own Climate Change Committee (CCC).

IEA executive director Fatih Birol said in Edie news: “The clean energy transition is for and about people. Our Roadmap shows that the enormous challenge of rapidly transitioning to a net-zero energy system is also a huge opportunity for our economies. 

“The transition must be fair and inclusive, leaving nobody behind. We have to ensure that developing economies receive the financing and technological know-how they need to build out their energy systems to meet the needs of their expanding populations and economies in a sustainable way.”

ECAtoday

ECAtoday