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The carbon economy

The carbon economy

The report goes in-depth on the role of businesses in the transition process and explains the steps each stakeholder needs to take.

About The carbon economy

"Once goals have been set and correctly understood, with emissions measured and reported, changes can be implemented to reduce them. We have identified different categories of responses: • Mitigation – efforts to reduce or prevent GHG emissions. Mitigation requires the use of new technologies, clean energy sources, reduced deforestation, sustainable agricultural methods, and changes in individual and collective behaviour, • Carbon dioxide removal (CDR) - while most mitigation activities focus on reducing GHG emissions, CDR aims to reduce concentrations already in the atmosphere or about to be released into the atmosphere, • Adaptation – actions taken to manage the impact of climate change. Adaptation solutions take many shapes and forms, depending on the context. Adaptation can range from building flood defences, setting up early warning systems for cyclones and switching to drought-resistant crops, • Remediation – the aim is to temporarily reduce or offset warming. One such measure is solar radiation modification (SRM), also referred to as solar radiation management which involves changes increasing the amount of solar radiation reflected from the Earth to reduce the peak temperature. Limiting warming to 1.5°C above pre-industrial levels requires systemic and definitive changes. Remediation and adaptation actions are only temporary or defensive measures, so we focus our research on mitigation and carbon dioxide removal solutions, which are those effectively able to fight climate change." - Lubomila Jordanova (LinkedIn)

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