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A statement by the Green Economy Coalition regarding the International Energy Agency's (IEA) updated Net Zero Roadmap and the outcomes of the International Climate and Energy Summit in Madrid.

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  • The IEA's updated Net Zero Roadmap indicates that while the window to limit global warming to 1.5 °C is narrowing, the path remains open due to energy efficiency and renewable energy. The IEA asserts that the necessary technology to mitigate climate change effects already exists, though increased cooperation and ambition are required for implementation.
  • The International Climate and Energy Summit identified three primary actions that would provide 80% of required emissions reductions and serve as benchmarks for COP28: tripling renewable energy installed capacity, doubling the rate of energy efficiency improvements, and achieving a 75% reduction in methane emissions from fossil fuel operations by 2030.
  • The transition to a green economy must be fair, just, and people-centered, prioritizing universal access to affordable and sustainable energy. This requires reforming multilateral financial institutions to increase decarbonized energy investment in developing economies and emerging markets.
  • The Green Economy Coalition advocates for an 'eco-social contract' to ensure a fair and green transition. This framework aims to support green industrialization with local clean energy value chains and include marginalized groups—such as youth, women, and indigenous people—in policy planning.

Cite the original document

APA
Martínez, S. (2023). The IEA's Net Zero roadmap: a narrow path to 1.5 degrees. Green Economy Coalition. https://www.greeneconomycoalition.org/news-and-resources/the-ieas-net-zero-roadmap-a-narrow-path-to-1-5-degrees
Chicago
Martínez, Sofía. The IEA's Net Zero roadmap: a narrow path to 1.5 degrees. Green Economy Coalition, 2023. https://www.greeneconomycoalition.org/news-and-resources/the-ieas-net-zero-roadmap-a-narrow-path-to-1-5-degrees.
Wikipedia
{{cite press release |last1=Martínez |first1=Sofía |title=The IEA's Net Zero roadmap: a narrow path to 1.5 degrees |publisher=Green Economy Coalition |date=4 October 2023 |url=https://www.greeneconomycoalition.org/news-and-resources/the-ieas-net-zero-roadmap-a-narrow-path-to-1-5-degrees |access-date=17 August 2026 |via=Climate Insights Directory}}
BibTeX
@misc{martnez2023ieas, author = {Martínez, Sofía}, title = {{The IEA's Net Zero roadmap: a narrow path to 1.5 degrees}}, publisher = {Green Economy Coalition}, year = {2023}, month = oct, url = {https://www.greeneconomycoalition.org/news-and-resources/the-ieas-net-zero-roadmap-a-narrow-path-to-1-5-degrees}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }

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