The COVID-19 pandemic has brought the world to a standstill, provoking an abrupt fall in GDP and in international trade, and demonstrating the unpreparedness of the global economy to systemic risks, despite early warnings from scientists. While the first priority is to protect populations and urgently reinforce healthcare systems, this crisis also demands an economic recovery response focused on the development of a more resilient economy. In this context, the Energy Transitions Commission’s (ETC’s) new report “Making Mission Possible: Delivering a Net-Zero Economy” provides governments and private sector leaders with a vision of how to invest in the economy of the future and build a healthier, more resilient, net-zero economy. In essence, the ETC is convinced that the developed world should reach net-zero GHG emissions by 2050 and the developing world by 2060 at the latest. This report explains why it is confident that this is feasible, how to achieve the transition and what steps need to be taken in the 2020s to put the world on the right trajectory.
Making Mission Possible: Delivering a Net-Zero Economy
