Limiting climate change requires quadrupling the deployment of renewables

the world is still far from meeting emission reduction targets internationally agreed, even though action is being taken in many areas. The Nationally Determined Contributions (NDCs) that countries have put forward at the UN climate change negotiations imply a lower emissions trajectory and most countries have committed to achieving net-zero emissions by mid-century, as have many companies. Yet global emissions, which must be halved this decade to limit temperature rise to 1.5°C, continue to rise. The International Energy Agency (IEA), the International Renewable Energy Agency (IRENA) and the UN High-Level Champions for Climate Change have published the report Agenda Breakthrough 2022.

The report urges support for a stronger international collaboration to drive faster reductions in global greenhouse gases. “Without international cooperation, the crucial global transition to net-zero emissions could be delayed for decades. The faster the transition progresses, the faster it will offer clean technologies at lower cost, making them available to all.

According to the organizations involved in this study, international cooperation can contribute to the costs of some clean technologies will decrease by 18% by 2030. In addition, the energy transition to align with the goal of global warming limited to 1.5 degrees Celsius would create nearly 85 million new jobs by 2030, which would offset the 12 million jobs that would disappear as a result of the same process.

Recommendations for COP27

This is the first annual progress report of its kind, requested by world leaders at the United Nations Climate Change Conference COP26 in November 2021 as part of the launch of the Breakthrough Agenda. This schedule currently covers more than two-thirds of the global economy, endorsed by 45 world leaders, including the G7, China and India. The report is designed to inform policymakers, business leaders, and civil society organizations about the most urgent ways to strengthen collaboration in and between major emitting sectors ahead of the next United Nations Climate Change Conference COP27 in Sharm El-Sheikh, Egypt.

Meeting the goals of limiting climate change set by the international community requires, among other things, quadruple the annual rate of increase in the deployment of electricity from solar and wind sources by 2030. This is one of the 25 recommendations included in the report. In the past decade, the power generation capacity from renewables increased by 130%, while non-renewable sources rose by 24%. The report finds that by 2030 the world needs to incorporate an additional 630 gigawatts of solar power and 30 gigawatts of wind power. According to his calculations, renewable capacities will rise by 8% this year to 300 gigawatts, which in total is equivalent to what is needed to supply some 225 million homes.

Another of the main recommendations is to set deadlines for the commercialization of new vehicles that emit CO2. Specifically, his proposal consists of not allowing the sale of new cars and vans with thermal engines from 2035 (when this obligation is already expected to be imposed in the European Union) and also oblige that from 2040 only zero-emission trucks go on the market.

Last year, a record 6.6 million electric vehicles were sold in the world, double the number in 2020. They represented around 9% of the world total. In order to respect the international objectives of a global warming limited to 1.5 degrees Celsius, it would be necessary to raise that market share to 60% in 2030which would require multiplying by 10 the recharging infrastructures for electric vehicles.

The production of so-called green hydrogen (generated from renewable sources) and hydrogen with low CO2 emissions would have to rise from less than 1 million tons in 2020 to about 150 million tons in 2030.

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