Climate Change

Can we reach net-zero by 2050? These 3 focus-points will help

the green energy transition, such as these wind turbines, will need to accelerate in order to meet climate change goals

The critical goal of keeping temperatures below 2 degrees Celsius must be met to avoid dire consequences. Image: Unsplash/Alex Eckermann

Florence Jaumotte
Senior Economist, Research Department, IMF
Gregor Schwerhoff
Economist, Multilateral Surveillance Division of the IMF’s Research Department
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this chart shows that delaying action on carbon pricing would result in higher carbon pricing, making a 2050 net zero emissions goal more difficult to reach
An agreement on minimum carbon prices among key emitters could facilitate action on carbon pricing. Image: IMF
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this chart shows that the transition to a green energy system will require a higher level of investment over the next 20 years but should come back down thereafter
A long term investment. Image: IMF

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Related topics:
Climate ChangeThe Net Zero TransitionEnergy TransitionClimate and NatureSDG 13: Climate Action
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