Climate change has emerged as one of the biggest challenges of our time. Several factors have prompted countries around the world to commit switching to low-carbon economies. It’s estimated that warming above 2°C will expose nearly 3bn people to severe climate risk. If warming can be cut to 1.5°C this figure could be halved.
Despite progress in recent years there is still much work to be done. The Paris Agreement aims to achieve net zero balance in the second half of this century and seeks accelerated action from governments across the globe to meet this goal.
Major milestones have already been defined. For example, by 2025, a full net-zero policy package must be in place, and by 2035 almost all new investments (such as cars and heating systems) should be zero-carbon. Further details will be added in the coming months to maintain the UK’s credentials ahead of COP26.
As energy costs continue to rise and climate change concerns grow in the public consciousness, low-carbon technology will play a significant role in the world’s future energy plans. It is no longer a question of if the UK will fully embrace the low-carbon economy. Rather, how efficiently we can manage the transition.
The recent global events provide a unique opportunity for many to ‘Build Back Better’, embedding sustainability with real commitment and in a manner which evidence each individual effort and strengthen the global effort. Now is the time for action.
So, how will your organization play its part in the energy revolution towards net zero?