As El Nino persists, driving temperatures even higher than in previous years, governments and companies are poised to intensify efforts to address climate-related challenges. From disrupting agricultural supply chains to exacerbating global financial conditions, the impacts of climate change are far-reaching and demand urgent attention.
The need for decisive action to cap and reduce global emissions is underscored by recent events such as the COP28 climate summit. Yet, current actions fall short of the measures needed to prevent a temperature rise of more than 1.5 degrees Celsius. Without increased investment in clean energy, achieving net-zero emissions by 2070 – let alone by 2050 – remains uncertain, further complicated by discrepancies in policies and funding between developed and developing economies.
In our latest White Paper, The Energy Transition: Progress in 2024 and Implications for Business, we provide a comprehensive analysis of the energy transition landscape, examining fossil fuel demand, renewable energy investment, governmental policies and their implications for businesses.
