Final chapter of IPCC climate report to be published this week
- 07 April 2014
LONDON: The Intergovernmental Panel on Climate Change (IPCC) is set to publish the third installment of its Fifth Assessment Report (AR5) this Sunday, April 13.
The critical third chapter, Mitigation of Climate Change, will focus on how the planet can curtail or prevent greenhouse gas emissions.
The report is expected to examine activities which have the capacity to reduce emissions and present a plan for how these actions can be developed, so an urgent transition to renewable energy is certain to be addressed by the IPCC’s authors.
Investment in renewables has gained much traction in recent years, with a recent study by the US Department of Energy showing that global renewable electricity capacity doubled between 2000-2012.
A key argument for investing in the low carbon economy is that it makes clear financial sense. The International Energy Association recently highlighted that the rate of return on clean tech investment is over 10% per year.
In addition, alternative energy industries boost local areas and create employment. Last year, 1 in every 142 US jobs was in the solar industry.
Fifth Assessment Report
Mitigation of Climate Change will be the last part of the AR5, which is now the most comprehensive study of climate change internationally. Due to the magnitude of the subject, it was agreed that the three working groups would publish their findings separately.
The third working group of the IPCC who are responsible for drafting Mitigation of Climate Change comprises of 235 authors from 58 different countries, with the final version representing close to three years of work.
One of the IPCC co-chairs will speak at The Climate Group’s 10 year anniversary event in London on April 28, to share the implications of the reports' findings. Find out more about the interactive event here.
The first instalment of the AR5, The Physical Science Basis, was published back in September 2013, and detailed the precise physical science behind climate change. The second instalment, Climate Change 2014: Impacts, Adaptation, and Vulnerability, released in March 2014, focused on how climate change impacts the planet’s resources, global economy and people.
By Alana Ryan