Navigating Energy Transitions: Mapping the road to 1.5°C

The report argues that global oil and gas production must drop by at least 65% by 2050 to align with 1.5°C scenarios, warning that new oil and gas fields would either prevent this goal or create stranded assets. It finds that planned investments for new fossil fuels through 2030 could instead fully fund the necessary wind and solar expansion. Additionally, the report concludes that Europe possesses sufficient gas import capacities to meet its 1.5°C-compatible demand from 2024 onwards without relying on Russian supply.

• To limit global warming to 1.5°C, global oil and gas production needs to be reduced by a minimum of 65% by the year 2050. The development of new oil and gas fields is identified as a risk that would either make the 1.5°C target unattainable or result in stranded assets.
• The financial resources currently planned for new oil and gas investments up to 2030 are sufficient to cover the costs of scaling up solar and wind energy to the levels required for a 1.5°C pathway.
• Europe has the existing gas import infrastructure necessary to satisfy its 1.5°C-compatible energy requirements starting in 2024, meaning it can function without Russian gas supplies while maintaining climate goals.

APA

Logan,, O. B. V. K. M. P. D. V. D. G. G. H. A. T. H. D. M. A. (2022). Navigating Energy Transitions: Mapping the road to 1.5°C. International Institute for Sustainable Development. https://www.iisd.org/publications/report/navigating-energy-transitions

Chicago

Logan,, Olivier Bois von Kursk,Greg Muttitt,Angela Picciariello,Lucile Dufour,Thijs Van de Graaf,Andreas Goldthau,Diala Hawila,Mohamed Adow,Kyla Tienhaara,Frederic Hans,Thomas Day,Silke Mooldijk,Mara Abbot,Andrew. Navigating Energy Transitions: Mapping the road to 1.5°C. International Institute for Sustainable Development, 2022. https://www.iisd.org/publications/report/navigating-energy-transitions.

Wikipedia

{{cite report |last1=Logan, |first1=Olivier Bois von Kursk,Greg Muttitt,Angela Picciariello,Lucile Dufour,Thijs Van de Graaf,Andreas Goldthau,Diala Hawila,Mohamed Adow,Kyla Tienhaara,Frederic Hans,Thomas Day,Silke Mooldijk,Mara Abbot,Andrew |title=Navigating Energy Transitions: Mapping the road to 1.5°C |publisher=International Institute for Sustainable Development |date=21 October 2022 |url=https://www.iisd.org/publications/report/navigating-energy-transitions |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{logan2022navigating, author = {Logan,, Olivier Bois von Kursk,Greg Muttitt,Angela Picciariello,Lucile Dufour,Thijs Van de Graaf,Andreas Goldthau,Diala Hawila,Mohamed Adow,Kyla Tienhaara,Frederic Hans,Thomas Day,Silke Mooldijk,Mara Abbot,Andrew}, title = {{Navigating Energy Transitions: Mapping the road to 1.5°C}}, institution = {International Institute for Sustainable Development}, year = {2022}, month = oct, url = {https://www.iisd.org/publications/report/navigating-energy-transitions}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }