Key questions about "loss and damage" from climate change

 Following are the 8 key questions answered in the WRI's article:

1) What Is Loss and Damage?
2) What Counts as Loss and Damage?
3) What Is the Difference Between Mitigation, Adaptation, and Addressing Loss and Damage?
4) What’s the History of Loss and Damage in UN Climate Negotiations?

Battery costs have fallen by more than 90% in recent years

 "Battery storage in the power sector was the fastest growing energy technology in 2023 that was commercially available, with deployment more than doubling year-on-year. Despite the continuing use of lithium-ion batteries in billions of personal devices in the world, the energy sector now accounts for over 90% of annual lithium-ion battery demand."

Renewables will lead global electricity generation growth

 About 85% of additional electricity demand through 2026 is set to come from developing economies, with China contributing substantially even as the country’s economy undergoes structural changes. 

Challenges of the economy decarbonization for countries with various GDP and carbon intensity

 The countries with significant CO2 emissions are mapped on diagram below depending on their GDP per capita and carbon intensity per unit of GDP.

• Wealthy economies with low emissions per unit of GDP (U.S., Japan, EU countries)  will be able to decarbonize comparatively quickly enough to meet their aggressive stated Net Zero timelines.

Heat pumps will play crucial role in CO2 reduction in buildings

According to International Energy Agency (IEA), heat pumps may reduce global hashtagCO2 emissions by 500 Mt by 2030 , or around 40% of total direct and indirect emissions reductions in space and water hashtagheating in buildings.