Global S&T Development Trend Analysis Platform of Resources and Environment
DOI | 10.1088/1748-9326/ab0dd8 |
A comparison of low carbon investment needs between China and Europe in stringent climate policy scenarios | |
Zhou, Wenji1; McCollum, David L.1,2; Fricko, Oliver1; Gidden, Matthew1; Huppmann, Daniel1; Krey, Volker1,3; Riahi, Keywan1,4,5 | |
2019-05-01 | |
发表期刊 | ENVIRONMENTAL RESEARCH LETTERS |
ISSN | 1748-9326 |
出版年 | 2019 |
卷号 | 14期号:5 |
文章类型 | Article |
语种 | 英语 |
国家 | Austria; USA; Norway |
英文摘要 | The radical change in recent global climate governance calls for China and Europe to ramp up their efforts in leading the world to reach the long-term climate goals. By analyzing the results from the state-of-the-art global integrated assessment model, MESSAGEix-GLOBIOM, this paper aims to understand the future levels of financial investment needed for building and maintaining energy-related infrastructure in the two regions for fulfilling stringent targets consistent with well below 2 degrees C'. The results indicate that a rapid upscaling and structural change of these investments towards decarbonization are necessitated by the climate stringent scenarios. China and Europe need to increase their low carbon investments by 65% and 38% in a scenario reaching the 2 degrees target relative to their respective reference scenarios which assume no such target from 2016-2050. In a more stringent climate policy scenario of the 1.5 degrees target, these investment needs will increase by 149% and 79% for China and Europe respectively. Among all the energy sectors, energy efficiency, renewable electricity generation and electricity transmission and distribution are the three largest investing targets for the two regions. However, those investments will not likely be realized without strong policy incentives. Implications for green finance and multilateral cooperation initiatives are discussed in the context of the scenario results. |
英文关键词 | low carbon investment energy investment paris agreement integrated assessment |
领域 | 气候变化 |
收录类别 | SCI-E ; SSCI |
WOS记录号 | WOS:000467832500006 |
WOS类目 | Environmental Sciences ; Meteorology & Atmospheric Sciences |
WOS研究方向 | Environmental Sciences & Ecology ; Meteorology & Atmospheric Sciences |
引用统计 | |
文献类型 | 期刊论文 |
条目标识符 | http://119.78.100.173/C666/handle/2XK7JSWQ/182842 |
专题 | 气候变化 |
作者单位 | 1.IIASA, Energy Program, Schlosspl 1, A-2361 Laxenburg, Austria; 2.Univ Tennessee, 1640 Cumberland Ave, Knoxville, TN 37996 USA; 3.Norwegian Univ Sci & Technol NTNU, Ind Ecol & Energy Transit Programmes, NO-7491 Trondheim, Norway; 4.Graz Univ Technol, A-8010 Graz, Austria; 5.Colorado Sch Mines, 1500 Illinois St, Golden, CO 80401 USA |
推荐引用方式 GB/T 7714 | Zhou, Wenji,McCollum, David L.,Fricko, Oliver,et al. A comparison of low carbon investment needs between China and Europe in stringent climate policy scenarios[J]. ENVIRONMENTAL RESEARCH LETTERS,2019,14(5). |
APA | Zhou, Wenji.,McCollum, David L..,Fricko, Oliver.,Gidden, Matthew.,Huppmann, Daniel.,...&Riahi, Keywan.(2019).A comparison of low carbon investment needs between China and Europe in stringent climate policy scenarios.ENVIRONMENTAL RESEARCH LETTERS,14(5). |
MLA | Zhou, Wenji,et al."A comparison of low carbon investment needs between China and Europe in stringent climate policy scenarios".ENVIRONMENTAL RESEARCH LETTERS 14.5(2019). |
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