These actions include the reduction of coal, oil, and gas use, clean transport, renewable energy, eco-friendly buildings, and sustainable corporate or financial practices.
[15] According to a 2022 analysis of the $14tn that G20 countries spent as economic stimulus, only about 6% of pandemic recovery spending was allocated to areas that will also cut greenhouse-gas emissions, including electrifying vehicles, making buildings more energy efficient and installing renewables.
[16] Since the industrial revolution, the burning of coal, oil, and gas has released millions of tons of carbon dioxide, methane, and other greenhouse gases into the atmosphere, causing anthropogenic climate change.
[citation needed] The UN Intergovernmental Panel on Climate Change (IPCC) calculated in its 2014 Synthesis Report that relative to the period of 1850-1900, the end of the 21st century (2081-2100) could see global mean surface temperature increase of 1.5-2.5°C.
[17] Burning a fraction of fossil fuel reserves will therefore lead to dangerous planetary heating, resulting in widespread crop failures, and the 6th mass extinction event.
Depending on the country and the deployment scenario, replacing coal power plants with renewable energy can more than double the number of jobs per average MW capacity (albeit, this represents a concomitant 50% productivity loss).
Solar mini-grids can improve electricity access for rural areas[26] and the replacement of coal-based energy with renewables can lower the number of premature deaths caused by air pollution.
The requested funding level was set at 4% of the US GDP, or around $850 billion a year, until the dual achievement of full decarbonisation and an unemployment rate below 3.5%.
[35] This established duties on all public bodies and regulators to end the use of fossil fuels "as fast as technologically practicable," with strict exceptions if absent technical alternatives.
By empowering female farmers, leveraging technology, improving water governance, and investing in sustainable infrastructure, Africa can become more resilient and prosperous.
[39] In February 2021, commentators such as the Council on Foreign Relations noted that other major economies such as China, India, and the European Union had begun "implementing some of the policies envisioned by the Green New Deal.
[citation needed] Emerging digital technologies, if correctly applied, have the potential to play a critical role in addressing environmental issues.
Smart city mobility, precision agriculture, sustainable supply chains, environmental monitoring, and catastrophe prediction are just a few examples.