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IEA outlines how world can reach net zero emissions by 2050

(Climate Home News, 13 Oct 2020) For the first time, the International Energy Agency (IEA) has set out what would need to happen this decade to reach net zero emissions globally by 2050.

In its World Energy Outlook (WEO) report published on Tuesday, the IEA said global emissions must fall by 40% by 2030 on the path to 2050 carbon neutrality.

This would involve large scale investment in renewables and electric cars, behaviour change and innovation in new technologies like hydrogen.

Noting that the coronavirus pandemic had created “huge near-term uncertainty about the future of energy”, IEA chief Fatih Birol urged decision makers to invest in a clean recovery path.

“Despite a record drop in global emissions this year, the world is far from doing enough to put them into decisive decline,” said Birol in a statement. “Only faster structural changes to the way we produce and consume energy can break the emissions trend for good.

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Climate Home News, 13 Oct 2020: IEA outlines how world can reach net zero emissions by 2050

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