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CO2 emission trajectories based on COP WETO 1.5°C: where we need to be by 2030 and 2050
announcement and the WETO 1.5°C Scenario
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Key milestones and actions for rapid emission reductions, 2021-2030
• Ramping up renewables,
together with an aggressive
energy efficiency strategy, is
the most realistic path
toward halving of emissions
by 2030.
• The decarbonisation of end-
uses needs to make much
faster progress, with many
solutions provided through
electrification, green
hydrogen and the direct use
of renewables.
• A comprehensive set of
policies is needed to achieve
the necessary levels of
deployment by 2030 and
maximise benefits.
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Breakdown of TFC by energy carrier in industry, buildings and transport in 2019, 2030 and 2050
• In existing buildings, the rate of renovation will need to double, to 2% of the building stock per year through
2030
• The Industrial sector should improve the energy efficiency of processes, material efficiency and apply the
principles of a circular economy
• A drastic reduction in transport sector emissions can only be achieved if technological solutions are
supplemented by behavioural changes
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Key indicators for the power sector
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Regional distribution of total installed capacity (GW) in 2020, 2030, 2050
Cumulative investment
Hydropower Cumulative Installed Capacity (GW) Scaling Factor
(USD billion)
(excl. Pumped hydro)
2020 2050 2020 Vs 2050 2020 - 2050
North America 165 324 2.0 278
Latin America 186 394 2.1 363
Europe 189 307 1.6 207
Asia 552 1147 2.1 1041
Oceania/Pacific 14 51 3.8 65
Middle east and Africa 50 285 5.7 411
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Global 1156 2508 2.2 2365
Hydropower cost competitiviness, wide advantages and benefits
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Average annual investments in USD billion per year by technology and measure, 2021-2030
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Thank you!
Rgorini@irena.org