Lunge Systems: Pathways

WEF_The_Net_Zero_Challenge_Part1

auto-generated 2-Feb-2021

Briefing Paper The Net-Zero Challenge: Global Climate Action at a Crossroads (Part 1) In collaboration with Boston Consulting Group December 2019 World Economic Forum 91-93 route de la Capite CH-1223 Cologny/Geneva Switzerland Tel.: +41 (0)22 869 1212 Fax: +41 (0)22 786 2744 Email: contact@weforum.org www.weforum.org 2019 World Economic Forum. All rights reserved. No part of this publication may be reproduced or transmitted in any form or by any means, including photocopying and recording, or by

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cdp has a target emissions from other ghgs emissions have a net-zero target on these emissions targets and see climate global climate action climate action world economic forum boston consulting group

Sources: WEF

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Type: Forecasts

Priority/ Function Areas: Law & Government People & Society

Sectors/ Fields of Life: Economy-wide

People/ Roles: Multi-Nationals Private Corporations Governments

Profiles: the investors the action the world the cop26 the members a investors the pressure the focus the impact the solutions the improvements the majority a target the package the forum the markets an trends no actor its clients this lack unep gap the inertia the case the government the force the reality the survey the lack a targets the decade the country the transition no target the report the costs the emissions all rights a stream the threat this trajectory this sectors the adoption the need a total the humanity all companies a number a sources the indicator the risks al reduction this trend september2019 reduction no way the path the state whose results the initiative the interpretations this examples the trend the consequences the conference the barriers the data ipcc warming we position commission mission a impact

Goals: go investors countries take honest look trigger needed acceleration halt climate crisis provide build opportunity prevent worst effects rise scale pace parispledges2 compatible paths implement emission policies achieve renewable electricity identify drivers barriers take clear stance offset monitor emissions increase achieve efforts initiative climate impact secure executive legacy recognize beneficial case halt alone warming set renewable targets counter falls crisis reduce emission intensity bring emissions footprint take challenge action take putting steps scrutinize chain emissions mitigate started risk include meaningful price show way progress track needed analysis overcome perceived barriers put reduction targets support advocating action achieve dioxide emissions enact attain policies hit new high increase fill responsibility limit global rise set become goal introduce business models develop business models constitute driven minority implement internal price encourage greater push develop consistent standards take supported steps include action analysis enact policy frameworks combat framework convention reach emissions trajectory rise programme report shape world forum manage climaterelated risks set highest tax cause triggering frustration overcome transformation barriers surpass member companies rise fastest pace prevent challenge action figure major turnaround see group https state global emissions target renewable power implement largest programme set fall bodies use established hydrogen target arising opportunities develop largest farm generate demand signal build better costs attain required corporations build strong call make direct scope safeguard operate licences communicate achieved impact disclose carbonrelated risks take lead action take apparent failure take joint effort flip economic case deliver safer world limit temperature increase offer challenge action

Measures: favourable opinion member companies historic meeting qualitative survey shortterm returns resilience strategies regional agendas climate risk central shields policy frameworks individual governments historic agreement international report large companies lead ceos international action renewable generation accumulate officials swedish government climateresilient projects emission footprint associate director vulnerable industries live standards agricultural productivity longterm risk foremost business ambitious frameworks install capacity global demand metropolitan areas large incentive enormous companies moral decline vest interests major barrier short companies multiplier effect fast pace consult group joint effort climate crisis large programme financial exposure such regions unique position ecosystem actions next years climaterelated disclosures new technology natural disasters momentous events consistent frameworks longterm targets netzero emissions indirect emissions stark differences lead nations global climate most cases unfccc zone automotive supplier lowcarbon models real confusion environmental frameworks accelerate action slow pace global disaster policy action large pipeline social contexts renewable electricity consistent reporting multilateral progress previous regulations renewable energies likely errors crime corruption residual emissions economic competitiveness specific targets trade associations longterm risks good costs full report extreme events top concerns relate disaster full sources possible sample develop plans more awareness alliance website insufficient corporations limit alternatives valuation decline senior partner damage figure social programmes nonprofit organization annual rate global goods little action grow population global average large emitters government businesses global population green vehicles executive officer new gold longterm value top generation economic forum unfair competition societal concerns global inertia indirect scope business models short investor green bonds chain emissions unfccc websites voluntary standards black emissions late criteria lighthouse examples corporate sheets few alternatives industrial goods current trajectory1 many investing corporate action current ecosystems little incentive complex context nopartial disclosure2 electric mobility past years emission level polarize electorates food security boston group retail energy ambitious plans corporate climate private firms meaningful price low cost corporate reporting future rebellion investor action relate investments energy health intermediate sectorlevel public responsiveness global activism western countries unify call policy scenario safe world major reports longterm decarbonization22 target date immediate exposure financial market emission intensity geopolitical context require corporations standalone business neutral countries new sources scale pace top emitters global agendas internal price government commitments long way overall renewables considerable growth sustainable costs carbonneutrality plan temperature rise apparent failure joint commitments irreversible commitments public transport pariscompliant commitments costumer behaviours nitrous oxide accelerate innovation direct scope individual action annual basis industrial nations strong call sustainable debt new models global rise unilateral initiatives small dot international commitments dedicate policy low standards ambitious plan window dressing net note disclosure standards co2 emissions more analysis relative size threemonth period regulate conventions meaningful policies public opinion considerable barriers full disclosure carbon tax catastrophic change sustainable force recent years bad effects safe limits global investment climaterelated risks internal pricing far opportunities future generations supply emissions good solution good emissions sustainble program public awareness financial risk human civilization personal convictions gap report fossil fuels lead action citizen pressure investor countries power programme large worries last decade large farm last year netzero ambition same cagr mild regions executive legacy decisive progress major turnaround yearly reporting economic growth effective framework netzero level different base global development midsized combustion social inequality broad awareness clear stance major regions meaningful reduction base force group analysis climate science quantitative emissions solar farm domino effect financial disclosures sufficient policies climate action similar targets great action reliable framework catastrophic effects large corporations global leadership green hydrogen top concern climaterelated standards great push last generation management incentives concentrate farm same rate exist barriers neutral cities future licences political business emissionsintensive sectors past decade reduction targets many size longterm ambitions honest look emissionintensive industries engage workforce representative sample sustainable finance current emissions annual meeting base criteria sector targets more capital senior officials clean source renewable use public sectors potential buyers viable alternatives top issues government offices total emissions business case new performance good practices environmental issues cause emissions full plan chief officer many countries cohesive action selfregulating bodies net zero international organization short term dioxide emissions absolute companies global emissions many spheres technology companies disclosure1 disclosure2 co2 intensity economic case civil society long term transformational shift rise population unprecedented rates absolute intensity carbon price demand signal net gt exponential roadmap carbonrelated risks ga boilers forceful policy current scenario oneonone interviews asset managers executive summary firstmover advantage decisive steps positive case new high voter leaders daily lives green products nation convention rigid policies heavy road intergovernmental panel broad range environmental challenges global gdp worldwide operations public pressure common standards transformation barriers framework convention international finance beneficial case reduction companies halve emissions green climate solo players renewable targets environmental areas robust policy green building national regulation high tax economic damages positive effects corporation countries global warming new plants decisive action illustrative sectors large share few years emission trajectory economic sectors zeroemission steel steady rise manage director innovative models most countries global pathways world costs global consensus net emissions next year global issues third quarters national efforts climate change activist groups change effects challenge action emission policies future regulation grid electricity public goods low economy consistent standards sufficient countries compatible paths global action robust policies global scale available resources low intensity temperature increase major sectors coastal regions emerge economies carbonneutral ambition late figure renewable power ambitious targets corporate stories lowcarbon alternatives environmental outcomes

Actions: constitute minority assume reduction provide dressing increase ambitions see climate reach trajectory consolidate position trigger turnaround combat change attain corporations abate emissions consider targets benchmark action build call increase responsibility share risks scale solutions communicate impact announce plans overcome barriers peak reduction recognize case take stance enable transparency establish advantage protect industries age 1674 put targets feel effects develop strategies transport road counter crisis target power achieve emissions face businesses reach roadmap halt crisis increase standards represent views mitigate risk see decline http policytaxesandtariffsswedenscarbontax encourage push decarbonize economies asses risks target gw disclose emissions putt capital threaten security trigger effect fill void reach emissions achieve level state emissions trigger surge worry respondents tackle change link trends make scope reduce gdp deliver returns drive action unconvened website address emissions seek opportunities lack set exceed demands coordinate action achieve goal ask associations describe which transform businesses resume construction include price introduce models trigger acceleration rise commitments set goal parispledges2 paths fund onethird unlock opportunities bring consortium enact frameworks surpass companies achieve electricity include analysis develop standards flood regions offer action prevent effects increase efforts disclose risks analyse number cost little target opportunities enable them take action report base put access apply standards asses targets use hydrogen halt warming worry world implement programme provide consumers trigger reductions7 cause deterioration change corruption take lead track analysis show progress implement policies persist change take usa catch pressure think governments figure turnaround prevent action reference action improve state set tax hurt productivity create policies link incentives coordinate investments offer encouragement take effort represent minority deny science increase scrutiny need action limit warming achieve indcs assess risk rank it reach zero fall action take failure manage total mobilize millions address china manage risks take steps enact policies decarbonize operations secure legacy move efforts achieve progress initiative impact use waste develop farm combat wwwbcgcomen set bodies set standards enhance value develop models create steel take look educate people flip case set type report numbers put pressure include bonds rise pace offset upsurge reference analysis monitor emissions set ambition see https do enough limit rise incentivize managers prevent progress safeguard licences lead governance require measures align companies provide opportunity enact regulation worry action clarify path set targets build costs reduce emissions emission data achieve world deliver world drive efforts produce ton reserve part provide examples compare targets require emissions limit increase go countries develop action cause frustration note tonnes pursue efforts engage industry putt awareness bring investors progress investors shape forum achieve actions produce plans trigger players transitioning portfolios rank change prevent disaster combat group use resources provide opportunities scrutinize emissions low value combat convention rank issues putt agenda12 engage business point way offset emissions move sector bring footprint evolve behaviours include emissions implement price incite businesses create advantage force governments develop economies provide disclosure phase boilers implement number contribute more identify barriers reduce disclosure2 drive leaders generate signal produce millions reduce intensity act responses act paper achieve what follow lead apply instruments break target support action promote remedies flip script include set worry people accelerate action rise report hit high

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