Climate Crisis

Stabilizing climate change demands immediate intervention

The climate crisis is urgent. It is imperative that the world takes action to stop our average global temperature from increasing by more than 1.5⁰C.

To avoid exceeding 1.5°C in the next decades, IPCC estimates show that we must deliver immediate, rapid, large-scale reductions in greenhouse gas emissions to stabilize climate change and achieve net zero CO2 emissions.

Emissions must decline faster

If emissions had peaked in 2000, the 1.5°C limit would have been achieved with an average annual GHG emission reduction of 3%.

Starting now requires that GHG emissions must decrease by 7.6% every year until 2030.

Sustainable energy transition is key

Energy production is the single largest contributor to climate change, accounting for around 60% of total global greenhouse gas emissions.

Although the electricity sector is decarbonizing, as the decreasing carbon intensity of electricity proofs, overall energy emissions from fossil fuels keep increasing.

Speed up electrification

There is an urgent need for comprehensive electrification. It is the most cost-effective and energy-efficient way to reduce CO2 emissions in the transport, heating and cooling sectors, as well as industries.

Heavy industries in particular will increase the demand for renewable electricity and energy in their production processes.