To curtail global warming further to 1.5°C, global – Energy ef昀椀ciency: Increasing energy-ef昀椀cient GHG emissions must be cut by 45% within eight solutions for buildings, vehicles, appliances and years and continue to decline rapidly after 2030 to industry can create jobs while reducing emissions. avoid exceeding the remaining atmospheric carbon budget. The triple planetary crisis of climate change, – Electri昀椀cation: Electri昀椀cation in 昀椀nal pollution and biodiversity loss requires widespread demand can drive the rapid reduction implementation of renewable energy technologies, of emissions through electric vehicles in electric vehicles and energy-ef昀椀cient retro昀椀ts for transportation, heat pumps in buildings buildings. Cross-cutting systemic transformations and electric furnaces in industry. of food systems and the 昀椀nancial system are also necessary to reduce emissions beyond current – Bioenergy: Low-emission fuels and mitigation pledges. biomethane can replace natural gas for heating and transportation. The need now is to continue accelerating the overhaul of global energy systems and to set – Carbon capture, usage and storage: milestones for various sectors and technologies. This can help tackle emissions from existing Solutions include: assets like cement and enable low-emission hydrogen production. – Renewable energy: Solar photovoltaics and wind power should account for nearly 70% of – Hydrogen-based fuels: Hydrogen can be used global electricity generation in 2050. in heavy industries, such as steel and chemicals, and in transportation for ships and planes. Fostering Effective Energy Transition: 2023 Edition 27