Countries across the world will have to focus on accelerated deployment of renewable energy and energy-efficiency measures to achieve reduction in carbon emissions critical to keeping global temperature rise to no more than two degree Celsius and avoiding the most severe impacts of climate change, according to new findings released by the International Renewable Energy Agency (IRENA).
Released at the Berlin Energy Transition Dialogue (BETD2017) held on March 20 and 21, the findings are significant for India as the country races to meet its target of 175 GW of power from renewables by 2020. IRENA estimates that global carbon emissions can be reduced by 70% by 2050 and completely phased out by 2060. The report also emphasises the importance of considering the needs of those without energy access.
Decarbonisation
“The Paris agreement reflected an unprecedented determination to act on climate.
The focus must be on decarbonisation of the global energy system as it accounts for almost two thirds of greenhouse gas emissions,” said IRENA Director-General Adnan Z. Amin.
IRENA’s macroeconomic analysis suggests that the investment for decarbonising the energy sector would boost global GDP by 0.8% by 2050, generate new jobs in the renewable energy sector, and improve human welfare through environmental and health benefits due to reduced air pollution.
Renewable energy now accounts for 24% of global power generation and 16% of primary energy supply. To achieve decarbonisation, the report states that, by 2050, renewables should be 80% of power generation and 65% of total primary energy supply.
The study stresses the need for rapid growth in solar and wind power generation, in combination with enabling grids, and new operating practices.
It also underlines the need to promote electric vehicles and liquid biofuel production as well as to equip a total of 2 billion buildings across the world with energy efficiency measures.
German Foreign Minister Sigmar Gabriel and Minister for Economic Affairs Brigitte Zypries inaugurated the Berlin Energy Transition Dialogue. High-ranking delegations, business representatives, energy experts, and leaders of industry, science, and civil society from 93 countries, including India, were present. The conference showcased Germany’s achievements in improving energy efficiency in various sectors.
Published - March 30, 2017 12:09 am IST
