Document Type
Report
Publication Title
Link Foundation Energy Fellowship Reports
Abstract
Investment in low-carbon energy must more than double by 2030 to achieve the Paris Agreement goal of limiting global warming to well below 2°C, or 1.5°C. To help drive this transformation, 1 the Agreement establishes a “pledge-and-review” system under which countries make commitments (“nationally determined contributions,” or NDCs), report on progress, and undergo international review.2 Around 70% of NDCs contain economy-wide greenhouse gas (GHG) reduction targets, and many also contain energy-focused pledges.3 As such, the NDCs have been characterized as “clean energy investment plans” that will help drive energy decarbonization.4 Yet while the literature is rich with modeling studies showing how the energy sector would need to change to achieve the NDCs5, the role of the NDCs in driving that change - via domestic policy, innovation, and investment, for example - has not been empirically tested.
Publication Date
12-2023
Recommended Citation
Fransen, Taryn, "Decarbonizing the Energy Sector: Assessing Policy, Innovation, and Investment Pathways Under Paris Agreement Pledges" (2023). Link Foundation Energy Fellowship Reports. 43.
https://repository.fit.edu/link_energy/43
Comments
Link Fellowship: 2021-2023