Decarbonization is the reduction or elimination of carbon dioxide emissions that result from human activity. Decarbonization aims to create a low-carbon economy where greenhouse gas emissions are minimized to address climate change effectively.
Decarbonization is critical in the fight against global warming and climate change. The Intergovernmental Panel on Climate Change (IPCC) and various climate agreements, most notably the Paris Agreement, have highlighted the need to significantly reduce global carbon emissions. The Paris Agreement, for instance, sets a target to limit global temperature rise to well below 2 degrees Celsius above pre-industrial levels, aiming for 1.5 degrees Celsius. Achieving these targets requires substantial reductions in GHG emissions, which is where decarbonization plays a vital role.
Decarbonization strategies often involve transitioning from fossil fuel-based energy systems to renewable energy sources such as wind, solar, and hydroelectric power. Shifting from fossil fuel-based energy generation to renewables reduces the carbon intensity of the energy sector significantly. Using energy-efficient technology in industrial processes, infrastructure, and transportation can reduce overall energy demand and consequently lower emissions.
Decarbonization can happen across all sectors and communities. Promoting changes in systems, such as reducing waste, adopting circular practices, and choosing sustainable options for travel and consumption can make a difference at both a corporate and individual level.
Keslio is an international sustainability advisory that helps companies and investors navigate their sustainability journey. We support our clients through various services, such as strategy development and implementation, reporting and communications, and greenhouse gas emissions calculations.
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