The IEA's Net Zero roadmap: a narrow path to 1.5 degrees
Summary
The Green Economy Coalition responds to the IEA's Net Zero Roadmap and the International Climate and Energy Summit, emphasizing that while technology exists to limit warming to 1.5 °C, success depends on tripling renewable capacity, doubling energy efficiency, and reducing methane emissions by 75% by 2030. The Coalition argues that the transition must be 'people-centred' and based on 'eco-social contracts' to ensure marginalized voices are included and multilateral financial institutions are reformed to support emerging economies.
Key insights
- The IEA's updated Net Zero Roadmap indicates that the possibility of limiting global warming to 1.5 °C remains open due to progress in energy efficiency and renewable energy, confirming that the necessary technology already exists.
- Three specific actions are identified as providing 80% of the required emissions reductions and serve as benchmarks for COP28: tripling renewable energy installed capacity, doubling the rate of energy efficiency improvement, and achieving a 75% reduction in methane emissions from fossil fuel operations by 2030.
- A successful energy transition must be inclusive and people-centred, requiring the reform of multilateral financial institutions to increase decarbonised energy investment in developing and emerging market economies.
- The Green Economy Coalition advocates for the use of 'eco-social contracts' to ensure a fair and green transition that supports local clean energy value chains and includes marginalized groups such as women, youth, and indigenous people.
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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