FORLIANCE’s Post

Tackling CO₂: Governments Focus on Emission Cuts and Carbon Removal With CO₂ levels rising consistently, governments worldwide are feeling the pressure to act. The focus now includes both emissions reduction at the source and carbon dioxide removal (CDR) from the atmosphere. Here’s a snapshot of the efforts underway: Emissions Reduction at the Source Many countries are setting ambitious emission targets. The goal? A 45% reduction in global emissions by 2030 to keep warming under 1.5°C. Industrial sectors like energy and manufacturing are the primary targets, with over 100 nations pledging to cut emissions to net zero by mid-century. Investment in Carbon Removal Technologies CO₂ removal from the atmosphere is gaining traction as a necessary strategy. Governments are pouring funds into CDR technologies like direct air capture and reforestation, aiming to remove billions of tons of CO₂ annually by 2050. This approach could help offset unavoidable emissions from sectors like aviation and heavy industry. Incentives for Clean Energy Adoption Governments are using incentives to speed up renewable energy adoption. Global investments in renewables reached over $500 billion last year alone, funding solar, wind, and hydropower projects that help cut fossil fuel reliance. Carbon Pricing to Drive Change Around 46 national jurisdictions have implemented carbon pricing mechanisms. These programs, covering about 20% of global emissions, provide financial motivation for industries to reduce emissions. Countries with a carbon tax or emissions trading system have seen reductions as high as 30% over the past decade. A Global Call for Nature-Based Solutions From reforestation to soil carbon sequestration, nature-based solutions are key to carbon removal strategies. In 2024, governments pledged to restore 350 million hectares of degraded land by 2030, which could absorb significant CO₂. The path to a balanced climate is complex, but with targeted actions in emission reductions and carbon removal, governments are striving to make a real impact. #NetZeroGreenBharat #CarbonHydrogenX #CO2Reduction #CarbonRemoval #CleanEnergy #ClimateAction #Decarbonization #NatureBasedSolutions #CarbonPricing #ClimateGoals #SustainableFuture #GreenInnovation

Carbon credits are measurable emission reductions from certified climate projects, representing one ton of carbon dioxide (CO2) or an equivalent amount of other greenhouse gases (GHGs) reduced, avoided, or removed from the atmosphere. In 2023, the global carbon credit market was valued at approximately $272 billion, reflecting a growing recognition of the importance of mitigating climate change. In 2022, such projects contributed to the sequestration of an estimated 7.6 million tons of CO2. Renewable energy projects, particularly in developing countries, often rely on carbon credit funding to offset higher initial costs, facilitating the transition to cleaner energy sources. Additionally, methane capture initiatives, which can reduce methane emissions by up to 90%, play a crucial role given methane's potent greenhouse effect, being over 25 times more effective at trapping heat in the atmosphere than CO2 over a 100-year period. The market for carbon credits is expected to grow, with predictions suggesting it could reach a valuation of $1 trillion by 2030, underscoring its pivotal role in global climate strategies. For more information on carbon credits, read our report via https://lnkd.in/dY96Wh8C #ethicacapital #greenfinance #greenbonds #sustainablity #climatechange #blueinfrastructure #climatefinance #sustainablefinance #structuredfinance #sustainabilitybonds #sustainabledevelopment #sustainableenergy #sdg #sdgs2030 #sustainabledevelopmentgoals #unitednations #decarbonisation #netzerocarbon #cleanenergyfuture #infrastructurefinance #carbonneutral #esg #infrastructure #esginvesting #bonds #BeTheChange

Industry accounts for nearly 40% of global energy consumption and more than 30% of global greenhouse gas emissions. #Sustainability and industry - how do they go together? That's exactly what were discussing this week at Hannover Messe #HM24. #SiGREEN #EnergyManagement

Since 1950, global CO2 emissions have grown six-fold and are now at their highest level ever.   Historically, countries that have industrialized early are among the heaviest emitters, but others have followed suit in recent decades, with a handful of countries now accounting for the lion's share of emissions. China and the US together contribute to 40% of global GHG emissions, followed by India, EU27, and Russia.   Reaching net zero by 2050 demands a drastic shift towards renewable energies, electrification, enhanced energy efficiency, and greenhouse gas capture, usage, and storage. At COP28, around 130 governments committed to tripling the world's renewable energy capacity by 2030. Delivering on this ambitious pledge calls for unparalleled global cooperation in policymaking, planning, and financing.   In our #TrendCompendium compiled by the Roland Berger Institute, we look deeper into environmental and resource related megatrends and their impact on the global economy – from climate change and various forms of pollution, declining biodiversity and increasing water stress to the scarcity of in-demand resources and raw materials. It is crucial for businesses to proactively address these long-term environmental trends, not only to mitigate risks but also to seize new opportunities. Read more here: https://lnkd.in/geSUqRih

Achieving net-zero emissions is a critical step in combating climate change. This requires reducing human-caused emissions, including those from the oil and gas sector, and balancing them by removing equivalent amounts of greenhouse gases (GHGs) from the atmosphere. 10 Key Solutions to Reduce Greenhouse Gas Emissions and Their Relevance to Oil and Gas: 1. Phase out coal plants: The oil and gas sector can invest in natural gas technologies as a cleaner alternative to coal, alongside advancing emission-reducing technologies. 2. Invest in clean energy and efficiency: Oil and gas companies can diversify their portfolios by investing in renewable energy sources like wind and solar while enhancing energy efficiency in extraction and refining processes. 3. Retrofit buildings: Oil and gas facilities can lower their carbon footprint by adopting green building principles and using advanced insulation materials. 4. Decarbonize cement, steel, and plastics: As these materials are integral to oil and gas operations, companies can adopt cleaner technologies to produce plastic and reduce reliance on high-emission materials. 5. Shift to electric vehicles (EVs): The sector can support EV infrastructure development, especially in areas near production operations, to encourage a transition to cleaner transportation. 6. Increase public transport: Companies can promote cleaner public transportation through innovations in cleaner fuels and investment in electric transit systems. 7. Decarbonize aviation and shipping: Developing low-carbon fuels for aviation and maritime industries presents an opportunity for oil and gas companies to reduce sector-wide emissions. 8. Halt deforestation and restore degraded lands: Companies can fund reforestation projects and restore land affected by industrial activities. 9. Reduce food loss and waste: The oil and gas sector can enhance agricultural supply chains by improving transportation and storage efficiency with cleaner energy solutions. 10. Eat more plants and less meat: Supporting sustainable food systems through cleaner transportation fuels and logistics can reduce emissions from food production and distribution. The Role of Oil and Gas in Achieving Net-Zero Emissions: Carbon Capture, Utilization, and Storage (CCUS): Investing in CCUS technologies can significantly reduce emissions from production processes. Energy diversification: Shifting investments toward renewable energy sources can ensure a sustainable income while reducing carbon dependency. Operational efficiency: Reducing gas flaring and methane leaks improves overall efficiency and minimizes emissions. The oil and gas sector is pivotal in the transition to a low-carbon future. By adopting these solutions, the industry can play a crucial role in combating climate change and achieving net-zero emissions goals. #zeronetcarbon #carbonsequestration #oilandgas #carbonreduction

What are Carbon Intensity Metrics, and how do they drive climate action? ⚡ Our latest blog breaks down how these essential tools track and cut greenhouse gas emissions across industries—from energy and transport to agriculture and manufacturing. 🌍 For instance, tracking CO₂e per kWh helps countries transition to renewables, while CO₂e per passenger-km guides the shift to greener transport systems. Learn how the metrics are key to shaping green investments, sustainable supply chains, and achieving bold #NetZero goals 👇 Full blog: 🔗 https://lnkd.in/e3F6ZkdY #CarbonIntensityMetrics #CarbonAccounting #GHGemissions

What is a High Emitter? High emitters are entities—whether industries, organizations, or even countries—that produce significant amounts of greenhouse gases (GHGs). 🌍🚨 Key Points: 1. Definition: High emitters are responsible for a large share of global emissions. These can come from various sources, including fossil fuel combustion, industrial processes, and large-scale agricultural operations. 2. Impact: Their substantial emissions contribute to climate change, leading to severe environmental consequences like rising temperatures, extreme weather events, and loss of biodiversity. 3. Identification: Identifying high emitters is crucial for targeting climate policies and regulations. By focusing on these key sources, we can drive substantial reductions in overall emissions. 4. Mitigation Strategies: High emitters often need to adopt advanced technologies, improve energy efficiency, and transition to renewable energy sources to significantly reduce their carbon footprint. 5. Global Efforts: International agreements and national policies aim to regulate and reduce emissions from high emitters, encouraging sustainable practices and accountability. Call to Action: Discover how the Self-Sustainable City is addressing the challenge of high emitters. We’re implementing innovative solutions to minimize emissions and create a more sustainable future. Learn more about our efforts and how we’re making a difference! #HighEmitters #GreenhouseGases #ClimateChange #Sustainability #EmissionReduction #RenewableEnergy #EcoFriendly #ClimateAction #SelfSustainableCity #EnvironmentalImpact https://lnkd.in/gMW5K9FA

🔎👣Sectors such as energy, transportation, and industry are major contributors to the rising levels of atmospheric CO2 driving climate change. These emissions expand the carbon footprint of individuals, businesses, and nations, directly influencing global temperatures. The carbon footprint represents the total greenhouse gases emitted throughout processes like manufacturing and daily commuting. As awareness grows, both governments and industries are increasingly adopting renewable energy, eco-friendly technologies, and energy efficient practices to combat the environmental crisis. 🌍🌿Transitioning to renewable energy sources like wind, solar, and hydropower, improving energy efficiency, and embracing sustainable practices in agriculture and manufacturing are vital steps in reducing emissions. Many companies are now pursuing carbon-neutral initiatives, while consumers are choosing low-emission products. Achieving carbon neutrality is essential for preserving biodiversity, ensuring clean air, and safeguarding the environment for future generations. ℹ️ The figures in the graphic represent global averages; however, they vary by country and location due to differences in the composition of production and the interaction of local behaviours. #CarbonReduction #carbonfootprint #carboneducation #greenhousegases #renewableenergy #transition

Greenhouse gas emissions fell by 3% in Germany in 2024, to 656 million tonnes of CO2, the third year in a row that emissions have fallen, a new study by Agora Energiewende has found. "In the electricity sector, the climate protection measures of recent years are increasingly having an impact," commented Simon Gabriel Müller, director of Agora Energiewende Deutschland. https://lnkd.in/eB6HDrTd

🤨 How long will it take for 50% of organisations in the #WaterIndustry to commit to #ZeroCarbon? 📊 This has become one of Christopher Gasson and Roger Harrabin's favorite poll questions. To my knowledge, the first time they asked was at the Global Water Summit 2022 in Madrid, when... 14% thought it could be done by 2025. It rose to 35% by the end of that Conference, but from the top of my head, I still think to remember it did not cross the 50% bar in 2023 or 2024. (or did it? If someone has the actual numbers, please share them in the comments ⬇ thanks!) 🙋♂️ Why does it matter? Well, the International Energy Agency estimates, that the #WaterSector consumes 4% of the World's electricity and is linked to 2% of the Greenhouse Gas Emissions. So more water = more carbon 😲 Hence, Trideep Barua (ABB) asks: "How do we shift to greener sources of Energy?" and "How do we manage it?" ➡ Solve this equation, and you'll make the water ecosystem more sustainable!