Mitigation of Climate Change
8
Source: IPCC Sixth Assessment Report: Mitigation of Climate Change, Summary for Policy Makers SPM.3
There is significant potential for emissions reductions through scaling up both established and emerging low-carbon technology across industry, energy and other key sectors, as well as addressing demand side solutions, including through car shares, public transportation and less meat intensive diets, among many other possible actions. This demonstrates the range of opportunities for companies to create products that help promote the transition to a low-carbon economy and for investors and lenders to contribute to the transition by financing such companies.
The unit cost of some forms of renewable energy and of batteries for passenger EVs have fallen, and their use continues to rise.