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Study finds global oil demand likely to grow despite pandemic, climate policies

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Only under the final scenario—named “Forced Revitalization”—in which the pandemic’s disruptive impact to the global economy and mobility combined with strong government intervention to accelerate alternative technologies did oil demand decline after 2025. C temperature rise along the net zero carbon trajectory.

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World Economic Forum Report: US$515 Billion Per Year Needed in Green Investments

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In light of the global financial crisis, it is crucial that every dollar is made to ‘multi-task’ to create a sustainable low-carbon economy. ”. Four key enablers for a shift to clean energy will be energy efficiency, smart grids, energy storage, and carbon capture and storage. billion) in 2004.

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ADB Study Finds Annual Economic Losses in Southeast Asia from Climate Change Could be More Than Twice the Global Average

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If Southeast Asian nations delay action on climate change, their economies and people will ultimately suffer. Southeast Asia also has the highest technical potential to sequester carbon in the agriculture sector of any region of the world. Ursula Schaefer-Preuss, Vice-President for Knowledge Management and Sustainable Development.