How countries can limit overshoot on the road to renewables

The world is warming fast and heading towards overshooting the 1.5°C limit sooner rather than later. But actions we take now can still limit the magnitude and duration of overshoot and return to temperatures well below 1.5°C by the end of this century.

The clean energy case is stronger than ever. Renewables, the powerhouse of the energy transition, are now highly competitive and increasingly outperform fossil fuel alternatives on cost. Volatile fossil fuel prices from the Iran war are making these economic arguments even stronger. Countries that act now to transition away from fossil fuels can improve energy security and reduce exposure to volatile fossil fuel markets while also reducing peak warming and slowing the worsening of climate impacts.

The 1.5°C national pathway explorer generates the evidence required for stakeholders to act. It takes global climate models and translates those results to the national level and outlines how countries can decarbonise their economies and end-use sectors in line with the Paris Agreement.

We’ve recently updated the pathways on the explorer for several countries with a new climate scenario we co-developed with Potsdam Institute for Climate Impact Research (PIK), called the Highest Possible Ambition (HPA) scenario, with 2025 as a starting point downscaled to the national level. The scenario sets out what is needed to limit overshoot of 1.5ºC. Under this new scenario, global warming would peak near ~1.7°C and fall to ~1.2°C by 2100.

In this webinar, our experts will explain what this global scenario means for India, Türkiye, and Germany and the EU and what actions are needed to decarbonise their economies in a manner that limits overshoot and aligns with the Paris Agreement goals. We further break down how these countries can support the energy transition across their power, transport, industry and buildings sectors – including the investments needed to shift to renewables in the power sector. 

Hear from users of our tool from India, Türkiye, and Germany and the EU about how it can practically help them in advocacy, decision-making, and designing and implementing strategies towards achieving a 1.5°C compatible pathway.

Speakers:

• Dimitris Tsekeris, Senior Climate Policy Analyst, Climate Analytics
• Dr Nandini Das, Climate and Energy Economist, Climate Analytics
• Ayşe Ceren Sarı, Research Director, Sustainable Economics and Finance Association (SEFIA) Türkiye
• Dr Shailly Kedia, Senior Fellow and Director with the Centre for Sustainable Development Research at The Energy and Resources Institute (TERI), India
• Olivier Vardakoulias, Finance & Subsidies Policy Coordinator, CAN Europe