A pressing need to engage with the intergovernmental panel on climate change: the role of SEA scholars in syntheses of social science climate research

Research output: Contribution to journalComment/debate

Abstract

Momentum is building in the global effort to tackle climate change. Climate regulations and low-carbon technological advances are seen as an inevitable part of the twenty-first-century and of humanity's future [Falkner 2016. “The Paris Agreement and the New Logic of International Climate Politics.” International Affairs 92 (5): 1107–1125. doi:10.1111/1468-2346.12708]. We have seen the momentous Paris Agreement, widespread mobilisation in civil society and, much to our surprise, even the financial sector authorities appear to have experienced a moment of partial enlightenment. While finance has historically been recalcitrant, at best, on climate change, investment in low-carbon energy has risen rapidly and now exceeds an annual US$600 billion [IEA 2019. “World Energy Investment 2019.” International Energy Agency (IEA), Organisation for Economic Co-operation and Development (OECD). https://www.iea.org/wei2019, 31]. Yet this needs to rise to US$1.6 trillion per year – equivalent to an increase of US$114 million every hour – if we are to achieve the ambitions of the Paris Agreement (Ibid.). So investment and finance remain as key hurdles on the pathway to keeping global warming below two degrees Celsius.

Details

Original languageEnglish
Pages (from-to)192-199
JournalSocial and Environmental Accountability Journal
Volume39
Issue number3
Publication statusPublished - 2 Sep 2019