Energy investment needs for fulfilling the Paris Agreement and achieving the Sustainable Development Goals

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/84487 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/84487 http://eprints.org/relation/isIndexCodesVersionOf https://pure.iiasa.ac.at/id/document/84487 84494 1 237401 document 84494 indexcodes.txt text/x-c++ f635c1f4f4232f4703f5ded7e4f08890 MD5 16850 2018-06-20 06:16:38 https://pure.iiasa.ac.at/id/eprint/15328/8/indexcodes.txt 15328 8 8 text/x-c++ other Generate index codes conversion from text to indexcodes en staffonly

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http://eprints.org/relation/isVersionOf https://pure.iiasa.ac.at/id/document/84488 http://eprints.org/relation/isVolatileVersionOf https://pure.iiasa.ac.at/id/document/84488 http://eprints.org/relation/issmallThumbnailVersionOf https://pure.iiasa.ac.at/id/document/84488 archive 353 disk0/00/01/53/28 2018-06-18 15:05:27 2026-03-06 05:00:18 2018-06-18 15:05:27 article show McCollum D. 8484 Zhou W. 8433 Bertram C. de Boer H.-S. Bosetti V. Busch S. 8666 Despres J. Drouet L. Emmerling J. Fay M. Fricko O. 2004 0000-0002-6835-9883 Fujimori S. 8258 0000-0001-7897-1796 Gidden M. 2108 0000-0003-0687-414X Harmsen M. Huppmann D. 2107 0000-0002-7729-7389 Iyer G. Krey V. 8099 0000-0003-0307-3515 Kriegler E. Nicolas C. Pachauri S. 1816 0000-0001-8138-3178 Parkinson S. 2028 0000-0002-4753-5198 Poblete Cazenave M. 8909 0000-0001-8280-910X Rafaj P. 1822 0000-0003-1000-5617 Rao N. 1961 0000-0003-1888-5292 Rozenberg J. Schmitz A. Schöpp W. 1017 0000-0001-5990-423X van Vuuren D. Riahi K. 1696 0000-0001-7193-3498 Energy investment needs for fulfilling the Paris Agreement and achieving the Sustainable Development Goals pub prog_air prog_ene prog_tnt Low-carbon investments are necessary for driving the energy system transformation that is called for by both the Paris Agreement and Sustainable Development Goals. Improving understanding of the scale and nature of these investments under diverging technology and policy futures is therefore of great importance to decision makers. Here, using six global modelling frameworks, we show that the pronounced reallocation of the investment portfolio required to transform the energy system will not be initiated by the current suite of countries’ Nationally Determined Contributions. Charting a course toward ‘well below 2 °C’ instead sees low-carbon investments overtaking fossil investments globally by around 2025 or before and growing thereafter. Pursuing the 1.5 °C target demands a marked upscaling in low-carbon capital beyond that of a 2 °C-consistent future. Actions consistent with an energy transformation would increase the costs of achieving the goals of energy access and food security, but reduce the costs of achieving air-quality goals. 2018-06-18 published 10.1038/s41560-018-0179-z 203 2890 47 97 2881 103 130 166 222 225 3068 241 243 273 250 public Nature Energy 3 7 589-599 TRUE 2058-7546 Linking Climate and Development Policies - Leveraging International Networks and Knowledge Sharing (CD-LINKS, H2020 642147) FALSE info:eu-repo/semantics/article