The global economy is hitting positive tipping points on low-carbon power and transport – with all sectors set for rapid shift away from fossil fuels in the coming decade.
Building on the Paris Effect report from 2020, this updated report for COP26 highlights that with investment flows into low-carbon solutions, the world could see market tipping points in sectors representing 90% of emissions by 2030 and all emissions by 2035. There is no longer a meaningful case for investing in new carbon-heavy infrastructure, with all major sectors well capable of developing cost-competitive green solutions by 2030.
