Studies indicate the actual cost of global warming will be highest for the three top emitting countries: China, India and US and with the most to lose from climate change. The cost is higher than first assumed. Many countries have not yet recognised the risk posed by climate change. This study aims at filling this gap and shows mapping of domestic impacts of climate change can help better understand the determinants of international cooperation.
Paris Agreement
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COVID-19 economic recovery could slow down global warming by up to half if we make the right choices, and by taking action that tackles both crises, we can ensure that a more resilient world emerges on the other side. Doing so means cutting emissions hard and fast, investing in green technologies and industries, and refusing to bail out fossil fuel companies. High-level action would get us on track for net-zero CO2 emissions by mid-century and give us a good chance of keeping temperature rise below 1.5°C.
COVID-19 pandemic has led to the worst economic downturn of the last decades mainly due to measures to stop the spread of the virus. This has led to reduction in demand and production capacity. Governments worldwide adopt packages as a response to the COVID-19 crisis, with $3.5 trillion dedicated to climate protections in the agriculture, industry, energy, and transport sectors. By adapting packages that are green, boosts economic growth worldwide triggered by increased low-carbon investment.
The European Union aims for 2030 to reduce greenhouse gas emissions by 40% compared to 1990 levels. Furthermore, the long-term vision is to become climate-neutral by 2050; this means transforming the current energy system. Compiled from MUSTEC’s research activities, key drivers and policy decisions are identified and explained for effective CSP deployment in Europe in the coming years up to 2050.
Economic growth has been a priority for the European Union (EU) since its creation. The Paris Agreement targets will not be reached by technological and policy measures alone, businesses need to contribute and commit to the decarbonisation journey. The Business Guide calls to policymakers and businesses to move decarbonisation strategies from words to reality.
DEEDS’ knowledge base constitutes of two components: the scenario explorer and the technology database and intends to reach out to a broader audience and academia who could deliver deep and rapid reductions in emissions. This may help stakeholders to access detailed information about expected European emission limits, technology markets and energy prices, to develop strategies and understand the market potential for technologies consistent with decarbonisation pathways.
Individual behaviour could also play a crucial role in reducing greenhouse gas emissions. This research explored the impact a range of behaviour changes across mobility, food, heating, leisure, and waste would have on Greenhouse Gas emissions. The results show that individuals’ moderate to rigorous behaviour change in the EU could reduce per capita carbon footprint by 6-16%. Three behavioural profiles were used to estimate emission impact from changes in behaviour: Enthusiast, Conscious and Convenient profiles. The benefits from behaviour change would be significant emission reductions and a variety of co-benefits for public health, land use, and regional ecology.
The International Panel on Climate Change (IPCC) has presented scenarios based on observation of impacts from climate change. TRANSrisk combines modelling tools with input from stakeholders to develop climate models by developing an quantified quantitative four stage analysis and gives conclusions from the analysis results for mitigation scenarios.
Renewable energy has the potential to play a big role in the transition pathways towards a low carbon society in Europe and has many recognised benefits. So, the European Union has aimed to increase the share of renewable energy in the electricity industry to at least 50% by 2030. The Innovation Readiness Level (IRL) studied the readiness of renewable energy technologies along 5 dimensions of technology readiness level and provides recommendations for policymakers.
This post discusses the decarbonisation of the European Union (EU) from a biophysical perspective when analysing a shift to renewable energy. A complete decarbonisation of the economy is “feasible and viable” by the EU, and the main hurdles to decarbonisation are framed as financial. The H2020 MAGIC project modelled two pathways for the decarbonisation of the EU’s power sector to 2050, the first with high curtailment and the second with high storage.