https://www.iea.org/reports/net-zero-roadmap-a-global-pathway-to-keep-the-15-c-goal-in-reach/executive-summary
Net Zero Roadmap: A Global Pathway to Keep the 1.5 °C Goal in Reach
Executive summary
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Renewables and efficiency are key to drive fossil fuel demand down
Tripling global installed renewables capacity to 11 000 gigawatts by 2030 provides the largest emissions reductions to 2030 in the NZE Scenario. Renewable electricity sources, in particular solar PV and wind, are widely available, well understood, and often rapidly deployable and cost effective. Current policy settings already put advanced economies and China on track to achieve 85% of their contribution to this global goal, but stronger policies and international support are required in other emerging market and developing economies. For all countries, speeding up permitting, extending and modernising electricity grids, addressing supply chain bottlenecks, and securely integrating variable renewables are critical.
Doubling the annual rate of energy intensity improvement by 2030 in the NZE Scenario saves the energy equivalent of all oil consumption in road transport today, reduces emissions, boosts energy security and improves affordability. Although the mix of priorities will differ by country, at the global level energy intensity improvements stem from three equally important actions: improving the technical efficiency of equipment such as electric motors and air conditioners; switching to more efficient fuels, in particular electricity, and clean cooking solutions in low-income countries; and using energy and materials more efficiently.
These two actions reduce fossil fuel demand, enabling continued adherence to a key milestone of our 2021 report: an immediate end to new approvals of unabated coal plants.
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IEA (2023), Net Zero Roadmap: A Global Pathway to Keep the 1.5 °C Goal in Reach, IEA, Paris
https://www.iea.org/reports/net-zero-roadmap-a-global-pathway-to-keep-the-15-c-goal-in-reach, Licence: CC BY 4.0
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