The International Energy Agency (IEA) has published a landmark report outlining the sweeping changes needed in the power, energy and heat sectors if the world is to have the best chance of limiting temperature increases to 1.5C.
Described the world’s first comprehensive roadmap to a net-zero energy sector globally, the report states that the window to deliver on net-zero by 2050 is “narrow” but that the transition can be managed to bring “huge benefits” in terms of job creation, economic growth and wellbeing.
The roadmap sets out more than 400 milestones on the global journey to net-zero. Actions that the IEA is recommending are taken immediately include ceasing investment for new coal plants without measures to abate emissions and stopping plans for future fossil fuel supply projects – especially more aggressive projects such as tar sands and arctic drilling.