The energy
sector is the source of about 75% of GHG emissions today and holds the key to
preventing the worst effects of climate change.
In its
recent report NET ZERO BY 2050: A ROADMAP FOR THE GLOBAL ENERGY SECTOR,
IEA proposes technological and policy pathways allowing transition to a net zero energy system by 2050 while ensuring stable and
affordable energy supplies, providing universal energy access, and enabling
robust economic growth.
The path to net-zero emissions is challenging: staying on it requires immediate and intensive deployment of all available clean and efficient energy technologies.
Most of the technologies needed to achieve the necessary deep cuts in
global emissions by 2030 already exist, and the policies that can drive their
deployment are already proven.
The
report projects that about half of CO2 emission reductions till 2050 will be
provided by the implementation of technologies already available in the market.