Collaboration Can Cut Cost To Beat World's Climate Crisis

International "collaboration gap" threatens to undermine climate progress and delay net zero by decades

20 September 2022 (International Energy Agency)

“…[The first annual International Energy Agency Breakthrough Agenda Report] aims to align countries’ actions and coordinate investment to scale up deployment and drive down costs across five key sectors…[Together, the power, road transport, steel, hydrogen and agriculture] sectors account for nearly 60% of global greenhouse gas (GHG) emissions today and could deliver the bulk of the emission reductions needed by 2030 in a pathway that would make a significant contribution to limiting global warming to a maximum of 1.5°C, in line with the Paris Agreement goals…[The report’s 25 recommendations] include…

click to enlarge

…Demonstrate and test flexible low-carbon power systems…Create new cross-border supergrids this decade…Set up new international centres of expertise to channel finance and technical assistance…Agree a common definition and target dates by which all new road vehicles will be net zero…Mobilise investment in charging infrastructure, including prioritised assistance for developing countries and harmonise international charging standards…Standards to boost the recyclability of batteries and supercharging research into alternative chemistries for batteries…

click to enlarge

…Government policies and private-sector purchase commitments to drive demand and deployment of low-carbon and renewable hydrogen…Public and private commitments to purchase near-zero emission steel…Investment for agriculture technologies and farming practices that can cut emissions…International standards for monitoring and reporting on the state of natural resources on which agriculture depends…[W]ithout international collaboration, the transition to net zero global emissions could be delayed by decades…” click here for more

click to enlarge

Tweet