The Intergovernmental Panel on Climate Change’s (IPCC) 6th Assessment Working Group1 report, Climate Change: The Physical Science Basis,6 released in August 2021, sent a resounding message that global warming is happening faster, affecting every region on Earth, in multiple ways. And the role of human influence on the changing climate is undisputed: greenhouse gases from human activities are responsible for approximately 1.1°C of warming since 1850-1900.
The report states that, while achieving a 1.5°C world is still possible, stabilizing the climate will require strong, rapid and sustained reductions in greenhouse gas emissions and the reaching of net-zero CO2 emissions. It will require a radical and urgent transformation of all systems at an unprecedented scale.
This document aims to highlight key recommendations from the business perspective that would help overcome initial cost and technical barriers and accelerate the deployment of hydrogen with the lowest possible carbon intensity.
Policy & Regulatory Advocacy
