Nordic Green to Scale at Nordregio 2016

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Nordic Green to Scale – Low-Carbon Success Stories to Inspire the World #GreenToScale

Transcript of Nordic Green to Scale at Nordregio 2016

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Nordic Green to Scale –Low-Carbon Success Stories to Inspire the World

#GreenToScale

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How much can we reduce emissions globally if comparable countries achieve by 2030 what some have already achieved today

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How far can we go with what we already have?

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Global Green to Scale study: –12 Gt by 2030

• Sitra worked with institutions from 10 countries

• Analysis was carried out by Ecofys

• Results were released in DC in November 2015

• The study covers 17 existing solutions from both the global North and the South

• Key results

• 12 Gt emission reduction by 2030 possible – equal to about 1/4 of current global emissions

• costs at most $94 billion – less than 1/5 of direct fossil fuel subsidies

• All material available at www.greentoscale.net

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Nordic follow-up project: 15 Nordic solutions

• Sitra partnered with institutions from other Nordic countries

• Concito, Denmark

• Stockholm Environment Institute, Sweden

• University of Iceland Institute for Sustainability Studies, Iceland

• Analysis carried out by Center for International Climate and Environmental Research (CICERO)

• Funding kindly provided by the Nordic Council of Ministers (NCM)

• Released in Marrakech, next confirmed events on Dec 14th in Oslo and Feb 7th in Brussels

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#GreenToScale

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Solutions available for all sectors

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Solutions represent a wide range

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Some solutions actually save money

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Scaling up solutions is affordable

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Climate solutions provide multiple co-benefits

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Cycling in cities

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Combined heat and power production

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Geothermal power

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Electric vehicles

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Residential heat pumps

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Project partners selected the solutions based on four criteria: 1) Nordic distinctiveness, 2) proven climate impact, 3) analysis feasibility, 4) scalability. There are many more existing Nordic low-carbon solutions.

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How were the solutions selected?

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• Various proven, attractive and affordable low-carbon solutions clearly exist

• They are held back by various barriers, such as

1. required up-front investment

2. fossil fuel subsidies and low energy prices

3. lack of awareness and public opposition

4. negative social or environmental impacts, if planned or implemented poorly

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Why are we not doing it already?

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• Barriers can be removed, as shown by Nordic and other countries

• Countries can remove barriers by introducing

1. incentives to reduce emissions through e.g. pricing carbon

2. mandates and norms

3. clear targets and a predictable regulatory environment

4. information and awareness campaigns

5. social and environmental safeguards

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We can learn from successes in removing barriers

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Thank you

sitra.fi/en

Facebook.com/SitraFund

Twitter @SitraFund

#GreenToScalegreentoscale.net