Renewable Energy and Energy Efficiency in Developing Countries: Contributions to Reducing Global Emissions
A year ago, world leaders agreed to restrict global warming to 2°C above pre-industrial levels by the end of this century. Yet the latest Emissions Gap Report from UN Environment predicts that we are actually heading for global warming of up to 3.4°C, even with the pledges made in the Paris Agreement on Climate Change. However, it also predicts that cutting greenhouse gas emissions by another quarter could put us on track for that 2°C promise. This second report from the 1 Gigaton Coalition supports those findings by showing how investing in clean energy for developing countries can help close the emissions gap and create sustainable profitable business opportunities.