Global temperatures have already risen 1° Celsius, so ‘rapid and far-reaching’ transitions in land, energy, industry, buildings, transport and cities are needed, according to the Intergovernmental Panel on Climate Change (IPCC), which also identified an acceleration in technological innovation as a key enabler of limiting global warming.
The new assessment framework, which is making its methodology available for public funders, businesses and investors to use, was developed for Mission Innovation, a global initiative of 24 countries and the European Commission working to accelerate clean energy innovation.