Jessica Brown and Ilmi Granoff
It’s widely accepted that by the year 2050, the world needs to be approaching net-zero carbon if the goals of the Paris climate deal are to survive.
This long term rallying point, laid down by experts, has been followed by political commitments from countries, cities, and businesses. But much of the thinking on financing this ambition remains stuck in the short term. Meeting these goals will require enormous progress on energy efficiency, decarbonisation of electricity and fuels, electrification of most transport fleets, building, and industry energy needs.