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This open access book is designed as a continuation of the editor's
2019 book Achieving the Paris Climate Agreement Goals. This volume
provides an in-depth analysis of industry sectors globally, and its
purpose is to present emission reduction targets in 5-year steps
(2025 to 2050) for the main twelve finance sectors per the Global
Industry Classification System. This scientific analysis aims to
support the United Nations Principles for Responsible Investment
initiative to give sustainability guidance for the global finance
industry. The industry sector pathways presented here are based on
the latest global and regional 100% renewable energy and non-energy
greenhouse gas Representative Concentration Pathways in order to
keep climate change significantly under +1.5 C and thereby achieve
the Paris Climate Agreement goals. The heart of this book is three
chapters presenting the results of industry scenario modelling.
These chapters cover twelve industry and service sectors as well as
transportation and buildings. The specific energy demand and
specific emissions are presented based on the emission accounting
concept of "Scope 1, Scope 2 and Scope 3" emission pathways. This
methodology has been developed to measure the climate and
sustainability index for companies, and this research project
expands the methodology to apply it to entire industry sectors. The
results presented here are the first overall industry assessments
under Scope 1, 2 and 3 from 2020 through 2050. The base for the
energy pathways is the scenarios scenarios published in the
previous volume. The nonenergy GHG emission scenarios, broken down
to agriculture & forestry and industry, are detailed and
include all major greenhouse gases and aerosols. The final section
of the book presents the main conclusions of the industry pathway
development work and recommendations for the finance industry and
policy makers. Additionally, future qualitative future investment
requirements in specific technologies and measures are presented.
This open access book is designed as a continuation of the editor's
2019 book Achieving the Paris Climate Agreement Goals. This volume
provides an in-depth analysis of industry sectors globally, and its
purpose is to present emission reduction targets in 5-year steps
(2025 to 2050) for the main twelve finance sectors per the Global
Industry Classification System. This scientific analysis aims to
support the United Nations Principles for Responsible Investment
initiative to give sustainability guidance for the global finance
industry. The industry sector pathways presented here are based on
the latest global and regional 100% renewable energy and non-energy
greenhouse gas Representative Concentration Pathways in order to
keep climate change significantly under +1.5 C and thereby achieve
the Paris Climate Agreement goals. The heart of this book is three
chapters presenting the results of industry scenario modelling.
These chapters cover twelve industry and service sectors as well as
transportation and buildings. The specific energy demand and
specific emissions are presented based on the emission accounting
concept of "Scope 1, Scope 2 and Scope 3" emission pathways. This
methodology has been developed to measure the climate and
sustainability index for companies, and this research project
expands the methodology to apply it to entire industry sectors. The
results presented here are the first overall industry assessments
under Scope 1, 2 and 3 from 2020 through 2050. The base for the
energy pathways is the scenarios scenarios published in the
previous volume. The nonenergy GHG emission scenarios, broken down
to agriculture & forestry and industry, are detailed and
include all major greenhouse gases and aerosols. The final section
of the book presents the main conclusions of the industry pathway
development work and recommendations for the finance industry and
policy makers. Additionally, future qualitative future investment
requirements in specific technologies and measures are presented.
This open access book presents detailed pathways to achieve 100%
renewable energy by 2050, globally and across ten geographical
regions. Based on state-of-the-art scenario modelling, it provides
the vital missing link between renewable energy targets and the
measures needed to achieve them. Bringing together the latest
research in climate science, renewable energy technology,
employment and resource impacts, the book breaks new ground by
covering all the elements essential to achieving the ambitious
climate mitigation targets set out in the Paris Climate Agreement.
For example, sectoral implementation pathways, with special
emphasis on differences between developed and developing countries
and regional conditions, provide tools to implement the scenarios
globally and domestically. Non-energy greenhouse gas mitigation
scenarios define a sustainable pathway for land-use change and the
agricultural sector. Furthermore, results of the impact of the
scenarios on employment and mineral and resource requirements
provide vital insight on economic and resource management
implications. The book clearly demonstrates that the goals of the
Paris Agreement are achievable and feasible with current technology
and are beneficial in economic and employment terms. It is
essential reading for anyone with responsibility for implementing
renewable energy or climate targets internationally or
domestically, including climate policy negotiators, policy-makers
at all levels of government, businesses with renewable energy
commitments, researchers and the renewable energy industry.
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