In 2021, the IEA published its Net Zero by 2050: A Roadmap for the Global Energy Sector, which sets out a narrow but achievable pathway for the global energy sector to reach net zero emissions by 2050. However, much has changed in the short time since that report was published.

The global economy rebounded at record speed in 2021 from the COVID-19 pandemic, with GDP growth reaching 5.9%. As energy intensity improvements stalled, global energy demand increased by 5.4%.

An Updated Roadmap to Net Zero Emissions by 2050 | Devamı>>>

The G7 has an opportunity to lead the global energy markets towards net zero emissions by 2050. In June 2021, the G7 Leaders committed to “net zero no later than 2050” and to “lead a technology-driven transition to net zero, supported by relevant policies”. These commitments demonstrate political leadership and come at a critical time, ahead of the 26th Conference of the Parties of the United Nations Framework Convention on Climate Change. G7 members – Canada, France, Germany, Italy, Japan, the United Kingdom, the United States plus the European Union – in 2020 accounted for nearly 40% of the global economy, 30% of global energy demand and 25% of global energy-related CO2 emissions.

Achieving Net Zero Electricity Sectors in G7 Members | Devamı>>>