Climate Change as an Opportunity

1. CLIMATE CHANGE: THREATS AND
OPPORTUNITIES

2. Talking for 2°C,
Pledging for 3°C,
Heading for 4°C
• Global greenhouse gas
emissions over 54 Gt CO2e
in 2012
• The least cost pathway
towards +2°C would be 42
Gt CO2e by 2030, 22 Gt by
2050
• IPCC warns that global
carbon budget for +2C is
likely to be exceeded by
2040 and PwC by 2034
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3. The Carbon budget
is almost exceeded
• The Remaining
budget should be
used for reaching the
low carbon economy
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4. The fossil fuels are still
too attractive to invest
in
• Increased use of fossil
fuels has diluted the
benefits gained by
efficiency
improvements and
renewables.
Source: IAE
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5. 10 SOLUTIONS
(BY NEW CLIMATE ECONOMY)

6. 1. Integrating climate
into economic
decisionmaking
processes
- Performance indicators
- Risk models
- Reporting requirements

7. 2. Strong, lasting
and equitable
international
climate agreement
• Increase the
confidence needed for
domestic policy reform
• provide the support
needed by developing
countries
• send a strong market
signal to investors.
Source: AAP

8. 3. Phase out
subsidies for
fossil fuels
• drive more efficient use
of resources and
release public funds for
other uses
• Energy subsidies must
be revised
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9. 4. Setting a
predictable price
for carbon is
necessary
• The greenhouse gas
emissions must be priced
by there negative
impacts in advance
• Several companies and
funds are already
checking for the risks in
their assets.

10. 5. Low-carbon
infrastructure
investments are
needed
• expanding access to
institutional capital a
lowering its costs for low-
carbon ndassets

11. 6. Scale up
innovation in low-
carbon
technologies
• tripling public investment
in clean energy R&D
• Removing barriers to
entrepreneurship and
creativity
Source: Better Growth, Better Climate

12. 7. More connected
and compact
cities
• Encouraging better-
managed urban growth
and prioritizing
investments in efficient
and safe mass transit
systems.
• The cities generate 70%
of the global energy use
related greenhouse gas
emissions.
Source: Source C40, modified by Sitra

13. 8. Stop
deforestation of
natural forests by
2030
- strengthening the
incentives for long-term
investment and forest
protection
- Forests, as all the
biomass on the planet
are significant carbon
sinks
Source: Carbon Mitigation Initiative

14. 9. Restore degraded
forests and
agricultural lands
by 2030
• strengthening rural
incomes and food
security
• Forests and other
biomass on are
significant carbon sinks
Source: Better Growth, Better Climate

15. 10.Shift away from
polluting coal-
fired
power generation
• Phasing out new
unabated coal plants in
developed economies
immediately and in
middle-income countries
by 2025

16. OPPORTUNITIES

17. The Transformation
will happen at multiple
sectors
• There is not only one
solution for mitigating
the climate change
• All the business
sectors play an
important role
Sources: IEA, Princeton University, Fortum
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18. Huge potential: Solar
energy
• The Earth receives 174
petawatts (PW) of
incoming solar
radiation.
• In 2002, this was more
energy in one hour
than the world used in
one year.
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19. Huge potential: Wind
energy
• Wind energy capacity
is increasing globally
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20. New game
• solar economy
• gas revolution
• Storages
• market models
• large investment
opportunities
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21. Tranformation to low-
carbon economy
means business
• New energy
investements will be
worth of thousends of
billions of US dollars
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22. Engine of National and
Global Growth
• Economic growth can
be achieved with less
than before emissions
• The investments for
low carbon economy
will be the new engine
for Global Economic
Growth
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23. The global low carbon
economy is financially
doable
• Cost estimates 2010 - 2035:
Difference between New
Policies and 450 scenario is
USD 640 billion per year
• If the 25% of the wealthiest
population in the world
would carry the cost it
would be around 40 euros
/month/person.
• The cost is an investment,
profitable in the future
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24. Climate
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Johtajuutta on olla
mukana
määrittämässä sitä
miten muutos
tapahtuu.
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