Although time is running out, the world could still hold global warming to well below two degrees Celsius and avoid the worst impacts of climate change, according to BloombergNEF’s New Energy Outlook 2024.
The new report indicates the speed with which clean technologies and decarbonization of the power sector are scaled up is crucial.
The study published today by research provider BloombergNEF, presents two updated climate scenarios, the Net Zero Scenario (NZS) and a base case Economic Transition Scenario (ETS).
