Whatbusinesscoulddoforglobalenvironmentalchallenges.pptVIP

What business could do for global environmental challenges Most attractive areas for business Carbon markets Carbon markets For stabilization at levels between 450 and 550 ppm CO2-eq, global carbon prices of up to 100 US$/tCO2-eq need to be reached by around 2030 Global renewable energy capacity grew at rates of 15-30% annually for many technologies in 2002-2006 Clean technologies (2) New resource infrastructure Meeting the increasing demand in resources and energy while decarbonising the economy and adapting to climate change will require significant investments in: Plantations – biofuels and wholesale forestry Pipelines – biofuels, water and CO2 Plants – biofuels and clean coal Energy efficiency in buildings Corporate commitment * IPCC 590 – 710 535 – 590 490 – 535 445 – 490 Stabilization level (ppm CO2-eq) 0.6 – 2.4 0.6 – 1.9 0.5 – 1.7 0.4 – 1.4 Global sea level rise above pre- industrial from thermal expansion (m) 2020 – 2060 3.2 – 4.0 2010 – 2030 2.8 – 3.2 2000 – 2020 2.4 – 2.8 2000 – 2015 2.0 – 2.4 Year CO2 needs to peak Global mean temp. increase (oC) Scenarios for CO2 stabilisation Mitigation efforts over the next two to three decades will have a large impact on opportunities to achieve lower stabilisation levels GDP without mitigation GDP with stringent mitigation 2030 GDP Time Current Mitigation would postpone GDP growth of one year at most over the medium term Cost of mitigation in 2030: max 3% of global GDP Impacts of mitigation on GDP growth Schematic graph Clean technology New resource infrastructure Energy efficiency in buildings Maximising today’s opportunities Positioning for the 2nd wave of growth Growing price of carbon on EU carbon market has encouraged businesses to consider new opportunities, driving Europe towards technological leadership There are clear signs that other countries, including the USA, will follow the EU’s lead in the coming years Investments in renewables have tripled over the past 2 years, amounting to over 50 billion €