The roadmap is based on the Carbon Law - a scientific paper published in 2017 that shows that halving carbon dioxide emissions every decade to 2050 is consistent with the Paris Agreement’s aim to keep global average temperatures well below +2°C and aim for +1.5°C. An international team of experts from research, technology, and NGOs synthesised over 60 reports and academic analyses assessing scenarios related to very low greenhouse gas emissions.
Digital revolution and market forces poised to drive economic transformation away from fossil fuels, but not without the right policy mix and bold climate leadership.
- The report shows all sectors of the global economy have potential to rapidly halve emissions of greenhouse gases with existing technologies and changing behaviour, but beyond electricity generation, pace too slow.
- Global capacity of solar and wind power is now doubling at a pace fast enough to provide over 50 percent of global electricity supply by about 2030, assuming pace is maintained and renewables replace fossil-fuels.
- The digital revolution is a wildcard in economic transformation. It already influences the decisions of three billion people and businesses every day and is poised to profoundly disrupt the global economy in the next decade. The expected digital disruption can help determine whether we live on a 1.5-2°C planet or a +3°C world.