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Chairman, Intergovernmental Panel on Climate Change FICCI-IIFA Global Business Forum 2014 Tampa, Florida R. K. Pachauri 24 April 2014

FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Page 1: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

Chairman, Intergovernmental Panel on Climate Change

FICCI-IIFA Global Business Forum 2014Tampa, Florida

R. K. Pachauri

24 April 2014

Page 2: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

“Problems cannot be solved at the same level of awareness that created them.”

- Albert Einstein

Page 3: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Working Group I: The Physical Science Basis

Human influence of the climate system is clear

• 95% certainty that human influence has been the dominant

cause of the observed warming since the mid-20th century

• Since the 1950s, many of the observed changes are

unprecedented over decades to millennia.

• Limiting climate change will require sustained and

substantial reductions in greenhouse gas emissions

Source : IPCC AR5

Page 4: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Warming of the climate system is unequivocal

Each of the last three decades has been successively warmer at the Earth’s surface than any preceding decade since 1850.

Source : IPCC AR5

Page 5: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Warming of the climate system is unequivocal

Source : IPCC AR5

• The oceans have warmed and risen

• The amounts of snow and ice have diminished

• Sea level has risen

• The concentrations of greenhouse gases have increased

Page 6: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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The oceans have warmed and risen

Warming of the climate system is unequivocal

• Ocean warming dominates the increase in energy stored in the climate system: more than 90% of energy accumulated between 1971 and 2010.

• The rate of sea level rise since the mid-19th century has been larger than the mean rate during the previous two millennia.

• From 1901-2010, global mean sea level rose by 19 cm.

Source : IPCC AR5

Page 7: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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The concentrations of greenhouse gases have increased

Warming of the climate system is unequivocal

• The atmospheric concentrations of CO2, methane, and nitrous oxide have increased to levels unprecedented in at least the past 800,000 years.

• The ocean has absorbed ~30% of the emitted anthropogenic carbon dioxide, causing ocean acidification.

• CO2 emissions from fossil fuels combustion and industrial processes contributed about 78% of the total GHG emissions increase from 1970 to 2010

Source : IPCC AR5

Page 8: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Total anthropogenic GHG emissions were the highest in human history from 2000 to 2010

Trends in GHGs and their drivers

Source : IPCC AR5

Greenhouse gas emissions by economic sectors • Accounting for indirect emissions raises the contributions of the industry sector to 31%

• Globally, economic and population growth continue to be the most important drivers of increases in CO2 emissions from fossil fuel combustions

• These are expected to continue to drive emissions growth without additional efforts to reduce GHG emissions.

Page 9: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Industry

Trends in GHGs and their drivers

Source : IPCC AR5

• In 2010, the industry sector accounted for around 28% of final energy use.

• Emissions are projected to increase by 50–150% by 2050 in baseline scenarios, unless energy efficiency improvements are accelerated significantly.

• Emissions from industry are currently greater than emissions from either the buildings or transport end‐use sectors.

Page 10: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Continued emissions of greenhouse gases will cause further warming and changes in the climate system

Future changes in the climate system

Source : IPCC AR5

• Oceans will continue to warm during the 21st century.

• It is very likely that the Arctic sea ice cover will continue to shrink and thin as global mean surface temperature rises.

• Global glacier volume will further decrease.

• Global mean sea level will continue to rise during the 21st

century

Page 11: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

Extreme events during and by the end of the 21st Century

Source : IPCC SREX

• It is very likely that the length, frequency, and/or intensity of warm spells or heat waves will increase over most land areas

• Under some scenarios, a 1-in-20 year hottest day is likely to become a 1-in-2 year event in most regions

• It is likely that the frequency of heavy precipitation or the proportion of total rainfall from heavy falls will increase over many areas of the globe

Page 12: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Future risks of climate change

Projected risks for natural systems over the century

Source : IPCC AR5

Fresh water resources

• Significant reduction of renewable surface water and groundwater resources in most dry subtropical regions

• Climate change is projected to pose risks to raw and drinking water quality

Terrestrial and freshwater ecosystems

• Increased extinction risk under all warming scenarios (RCPs)

• Increased tree mortality, forest dieback with risks for carbon storage, biodiversity, wood production and economic activity

• Submergence and coastal flooding/erosion due to sea-level rise

Marine systems

• Redistribution and reduction of global marine-species and biodiversity with challenges for fisheries

• Expansion of “dead zones” with constraints for fish habitat

• Polar ecosystems and coral reefs at substantial risk due to ocean acidification (RCP 4.5, 6.0 and 8.5)

Page 13: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Future risks of climate change

Projected risks for human systems over the century

Source : IPCC AR5

Food security and production systems

• All aspects of food security are potentially affected (access, utilization and price stability)

• Negative impacts for wheat, rice and maize production in some regions for local temperature increases of 2C

Livelihoods and poverty

• Slowing down of economic growth

• Poverty reduction made more difficult

• New poverty traps created especially in urban areas and hotspots of hunger

Human health

• Increases in ill-health in many regions especially in developing countries

• Under- nutrition from reduced food production in poor regions

• Increased risks from food and water borne diseases

Page 14: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Adaptation and Mitigation

“Climate-resilient

pathways combine

adaptation and mitigation

to reduce climate change

and its impacts. Since

mitigation reduces the rate

and magnitude of

warming, it also increases

the time available for

adaptation to a particular

level of climate change,

potentially by several

decades.”

IPCC Fifth Assessment Report

Source : IPCC AR5

Page 15: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Stringent mitigation scenarios

Characteristics of scenarios reaching levels of about 450 ppm CO2eq by 2100 (likely chance to keep temperature change below 2C relative to preindustrial levels):

• Lower global GHGs in 2050 than in 2010 (40% to 70% lower globally)

• Emissions levels near zero GtCO2eq or below in 2100

• More rapid improvements in energy efficiency

• A tripling to nearly a quadrupling of the share of zero- and low-carbon energy supply from renewables by 2050

• Nuclear energy, biomass and fossil energy with CCS, and BECCS by the year 2050

Source : IPCC AR5

Page 16: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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CDR technologies

Source : IPCC AR5

Many scenarios reaching 450, 500 and

550 ppm CO2eq by 2100

Require availability and widespread

deployment of BECCS and afforestation post

2050

• But the availability and scale of these and other CDR technologies are uncertain and associated with challenges and risks.

Page 17: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Mitigation options for industry

Reduction of the energy intensity of the industry sector

Source : IPCC AR5

Reduction of the energy intensity of the industry sector could be reduced through:

• Wide‐scale upgrading, replacement and deployment of best available technologies, particularly in countries where these are not in use and in non‐energy intensive industries

• Innovation • Information programmes for promoting energy efficiency• Economic instruments• Regulatory approaches and voluntary actions

Page 18: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Mitigation options for industry

Reductions in GHG emissions below baseline levels in the industry sector

Source : IPCC AR5

• Improvements in GHG emissions efficiency and in the efficiency of material use

• Recycling and re-use of materials and products• Service demand • Important options in waste management and reduction

Many emissions-reducing options are:• Cost-effective • Profitable• Associated with co-benefits (environmental compliance,

health benefits)

Page 19: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Mitigation options for industry

Collaborative approaches across companies and sectors to reduce energy and material use

Source : IPCC AR5

Improved process performance and cost-effective plant-efficiency in large energy intensive industries and SMEs can be achieved through:• Application of cross-cutting technologies (e.g. efficient

motors)• Application of cross-cutting measures (e.g. reducing air or

steam leaks)• Cooperation across companies and sectors: sharing of

infrastructure, information, and waste heat utilization.

Page 20: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Industry

Figure SPM.8. | Final energy demand reduction relative to baseline (left) and low-carbon energy carrier shares in final energy (right) in the industry sector by 2030 and 2050

Page 21: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Impacts of mitigation on GDP growth

Delaying additional mitigation further increases mitigation costs in the

medium to long term

2030 TimeCurrent

GDP

GDP without

mitigation

GDP with stringent

mitigation (reaching ≈

450 ppm CO2eq in

2100)

Loss in global consumption in 2030: 1.7% (median)

Source : IPCC AR5

Loss in global consumption in 2050: 3.4% (median)

Loss in global consumption in 2100: 4.8% (median)

2050 2100

Page 22: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

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Co-benefits and adverse side effects

There is an increased focus on policies designed to integrate multiple objectives, increase co-benefits and reduce adverse side-effects.

The intersections of mitigation and adaptation with other societal goals, if well managed, can strengthen the basis for undertaking climate action: • Improved energy efficiency and security• Cleaner energy sources• Air quality and human health• Reduced energy and water consumption in urban areas• Sustainable agriculture and forestry• Protection of ecosystems for carbon storage

Source : IPCC AR5

Page 23: FICCI-IIFA Global Business Forum Presentation (April 24, 2014)

“A technological society has two choices. First it can wait until catastrophic failures expose systemic deficiencies, distortion and self-deceptions…Secondly, a culture can provide social checks and balances to correct for systemic distortion prior to catastrophic failures.”

- Mahatma Gandhi

“Speed is irrelevant if you are going in the wrong direction”

- Mahatma Gandhi