In response to the threat of climate change, countries around the world have pledged to invest in low-carbon energy. National plans and investment patterns, however, show a stark mismatch with the pathway to meet the commitments set out in the Paris Agreement, which would keep the rise in global temperatures well below 2 degrees (oC) and ideally hold the line at 1.5oC. At least USD 95 trillion worth of energy investments are planned worldwide until mid-century. But those plans and related investments are not always channelled toward climate proof systems. This report from the International Renewable Energy Agency (IRENA) explores two broad future paths: Current Plans (meaning the course set by current and planned policies); and the path for a clean, climate-resilient Energy Transformation. [2]
Links:
[1] http://admin.indiaenvironmentportal.org.in/reports-documents/transforming-energy-system-and-holding-line-rising-global-temperatures
[2] http://www.indiaenvironmentportal.org.in/files/file/Transforming_the_energy_system_2019.pdf
[3] http://admin.indiaenvironmentportal.org.in/category/publisher/international-renewable-energy-agency-irena
[4] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy
[5] http://admin.indiaenvironmentportal.org.in/category/thesaurus/energy-efficiency
[6] http://admin.indiaenvironmentportal.org.in/category/thesaurus/renewable-energy
[7] http://admin.indiaenvironmentportal.org.in/category/thesaurus/finance
[8] http://admin.indiaenvironmentportal.org.in/category/thesaurus/gdp
[9] http://admin.indiaenvironmentportal.org.in/category/thesaurus/climate-change