Thursday 6th May at 1pm (BST)
Top Tier Impact Strategies (TTIS) – Anj Chadha, Moderator LucidCatalyst – Kirsty Gogan, Eric Ingersoll, and John Herter, Panelists
The latest UN Emissions Gap Report 2020 has stated that, despite a brief dip in carbon dioxide emissions caused by the COVID-19 pandemic, the world is still heading for a temperature rise in excess of 3°C this century — far beyond the Paris Agreement goals of limiting global warming to well below 2°C and pursuing 1.5°C. To stabilise temperature rises below 2°C, the world must reach Net Zero by mid-century or earlier, which is not just a slogan, it’s an imperative of climate physics.
To get on the path to stabilise temperatures at 1.5°C, emissions need to fall by a minimum of 8% year on year over the next two decades. To put that into context, total CO2 emissions for 2020 (when COVID-19 shut down our economies) decreased by around 5-7%.
Reducing emissions at the pace and scale required demands wholesale structural change, including utilisation of all currently available low-carbon technologies and new innovations. The challenges may be unevenly spread across sectors, especially for the hard to decarbonise sectors such as industry, shipping, and aviation — but all must contribute.
Top Tier Impact Strategies (TTIS), an ESG advisory business, has partnered with LucidCatalyst, an energy consultancy, to shed light on the enormous challenges of this imperative energy transition, including the opportunities for utilising low-carbon technologies in various sectors. This four-part webinar series will begin with an essential topic: ‘De-risking the energy transition’, which will address the following questions:
How much does the world need to do (and by when) in terms of energy transition to stay on track to hit the Paris Agreement targets?
How much land will be needed for the clean energy infrastructure required by mid-century? How easy will it be to secure this land?
How is public support for renewable projects evolving over time? – How might this impact the ability to turn over our energy infrastructure in a timely manner given the urgency of emissions reductions (i.e., 45% reductions by 2030) to keep warming below 1.5°C, for example?
How might transmission infrastructure fundamentally create bottlenecks for renewables deployment?
What will be necessary to decarbonise the global liquid fuels industry?
How do the risks and challenges of the energy transition affect private companies and how might it inform their corporate strategy?
LucidCatalyst will be sharing examples of their recent work to answer these questions.