CEOs need to accelerate their action plans to safeguard the production of commodities critical to the global population and economy as heat stress and drought risk rise around the world, according to PwC's report, Climate Risks to Nine Key Commodities: Protecting People and Prosperity, published.

If the mining industry does not rapidly scale up its discovery and delivery of critical minerals, the prospects of achieving a large-scale energy transition will be jeopardised, said this report published by the PwC.

Arguably the greatest innovation challenge humankind has ever faced is staring us in the face: the world has ten years to halve global greenhouse gas emissions until 2050 to reach net zero.

The Intergovernmental Panel on Climate Change (IPCC) in their recent report issued a code red that there is more than a 50% chance that we will reach 1.5°C warming within the next two decades if emissions continue at their current rates.

PricewaterhouseCoopers (PwC) Low Carbon Economy Index (LCEI) 2018 finds that national decarbonization rates do not match the level needed to achieve commitments under the Paris Agreement on climate change.

In 2016, global GDP growth was 3.1% but emissions showed signs of stabilising, growing by only 0.4%. This means carbon intensity – emissions per dollar of GDP – fell by 2.6% in 2016. Carbon intensity has fallen at approximately this rate since 2014 - a clear step change from the historical rate.

The long-term global economic power shift away from the established advanced economies is set to continue over the period to 2050, as emerging market countries continue to boost their share of world GDP in the long run despite recent mixed performance in some of these economies.

The latest Low Carbon Economy Index report from PwC has revealed that China led the way in decreasing its carbon intensity during 2015, in a year which saw global carbon intensity drop by 2.8%, double the average fall of 1.3%.

This report takes stock of the power sector in India and discusses the interventions required to achieve round-the-clock power supply and propose directions for stakeholders in the Indian power and energy sectors.

PwC’s 7th annual Low Carbon Economy Index (LCEI) tracks the rate that G20 countries are decarbonising their economies. This year PwC also looked at the ambition of their national targets (or Intended Nationally Determined Contributions – INDCs). Are they adequate in terms of delivering the decarbonisation required to limit warming to 2°C?.