For the first time, global demand for each of the fossil fuels will peak or plateau in a WEO scenario
By 2030 in the STEPS, this share falls below 75%, and to just above 60% by 2050. A high point for global energy-related CO2 emissions is reached in the STEPS in 2025, at 37 billion tonnes (Gt) per year, and they fall back to 32 Gt by 2050. This would be associated with a rise of around 2.5 °C in global average temperatures by 2100. This is a better outcome than projected a few years ago: renewed policy momentum and technology gains made since 2015 have shaved around 1 °C off the long-term temperature rise.
Power generation is the largest emissions driver
After allocating electricity and heat emissions to final sectors, industry continued to be the largest emitting sector, with over 40% of global emissions in 2019. Emissions in the transport sector increased to account for 27% of the global emissions in 2019, while buildings related emissions slightly decreased to represent 25% of global emissions in 2019.
Climate Resilience for Energy Security
Direct Air Capture
Technology deep diveMore efforts needed
Technology deep diveNot on track
Breakthrough Agenda Report 2022
Accelerating Sector Transitions through Stronger International Collaboration
Coal Market Update – July 2022
Climate Resilience Policy Indicator
Australia climate resilience policy indicator
Part of Climate Resilience Policy Indicator