Credible Pathways to 1.5°C: Four Pillars for Action in the 2020s
Introduction
- Global Energy-Related CO2 Emissions: Rose by 0.9% in 2022, reaching 36.8 billion tonnes (Gt).
- Land-Use Related CO2 Emissions: Remained around 6 Gt.
- Energy-Related Methane Emissions: Increased but stayed below 2019's record levels.
Key Data Points
- Projected Warming:
- Current policy settings: ~2.5°C by 2100.
- With full implementation of NDCs and net zero pledges: ~1.7°C by 2100.
- Renewable Energy Growth:
- Need to triple capacity additions from 2022 levels to around 1,200 GW annually by 2030.
- Electric car market share: 60% by 2030.
- Zero-emissions medium and heavy freight trucks: 35% market share by 2030.
- Deforestation Reduction:
- Target: Net-zero by 2030 (aligned with The Glasgow Leaders' Declaration on Forests and Land Use).
Four Pillars for Action
-
Energy Sector
- Decarbonization: Accelerate the transition to renewable energy sources.
- Energy Efficiency and Electrification: Increase the share of renewables in electricity generation to 90% of new generation capacity.
- Electric Vehicles: Aim for a 60% market share by 2030.
- Zero-Emissions Freight: Target a 35% market share for zero-emission medium and heavy trucks by 2030.
-
Land-Use Sector
- Deforestation: Reduce deforestation to net-zero by 2030.
- Mitigation Actions: Additional measures in the land-use sector to reduce CO2 emissions.
-
Non-CO2 Emissions
- Methane and Short-Lived Climate Pollutants: Strong action on methane and other short-lived climate pollutants to reduce peak warming.
- Commitments: Fulfilling pledges like the Kigali Amendment on HFCs and the Global Methane Pledge.
-
Carbon Management Technologies
- Carbon Capture and Storage: Scale up projects to capture around 1.2 Gt CO2 by 2030.
- Atmospheric Carbon Dioxide Removal: Implement projects to remove CO2 from the atmosphere.
Summary
- Critical Areas for Action: Focus on near-term emissions reductions, smooth transitions, and strong international cooperation.
- Immediate and Steep Emissions Reductions: Minimize the magnitude and duration of a temperature overshoot above 1.5°C.
- Smooth Transition: Through coordinated policies and incentives.
- Global Contributions: Especially from advanced and major economies, and international collaboration to support emerging market and developing economies.
Figure 1: Energy Sector CO2 Emissions by Scenario, 2010-2050, and Temperature Outcomes
Note: Data and figures are based on the International Energy Agency's World Energy Outlook 2022.