Wood Mackenzie has analyzed 19 major countries and regions and key end-use sectors to assess what it takes to fulfill net zero pledges. Wood Mackenzie has analyzed 19 major countries and regions and key end-use sectors to assess what it takes to fulfill net zero pledges. In the run-up to the COP27 climate conference in Egypt, more than 80 countries announced pledges to reach net zero emissions around mid-century. Most Organization for Economic Co-operation and Development (OECD) nations aim to reach net zero by 2050 while developing countries plan to get there a decade or two later. Energy-related emissions in our pledges case scenario decline by 8% from 2019 levels by 2030 and 80% by 2050.
Continue reading...
