Kepa Solaun, CEO of Factor, analyses the impact of COVID-19 on climate change objectives
26 June 2020
Kepa Solaun, CEO of Factor and associated researcher at the Instituto Complutense de Estudios Internacionales (ICEI), explains, in an analysis published in ICEI Papers, how COVID-19 will affect greenhouse gas emissions, energy demand and the achievement of global climate change goals.
One of the objectives set by the Paris Agreement is to ensure that the Earth's temperature does not rise by more than 2 degrees above pre-industrial levels.
Furthermore, it should be taken into account that global temperature increases do not depend only on the emissions of recent years, but also on the concentration of greenhouse gases over long periods of time, even hundreds of years.
How far will the effects of the pandemic make a significant difference to the achievement of global goals?
Reduced emissions from containment are a reality, and are also expected to decline due to the future economic crisis and, indirectly, due to changes in people's lives, such as the introduction of teleworking and its impact on transport or the reduction of international travels.
Kepa responds to this question by analyzing the direct impacts, i.e. the measures adopted during this year or the economic crisis to come, and indirect impacts, i.e. the behavioral, economic, strategic or regulatory changes that may result from COVID-19 and that may lead to a significant change in the emissions trend.
Access to the ICEI Papers COVID-19 and the complete analysis here: https://www.ucm.es/icei/file/iceipapercovid21
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Factor has more than 15 years of experience offering technical consulting services in the areas of climate change adaptation and mitigation, carbon footprint analysis, sustainability, circular economy, renewable energy and carbon markets, amongst other things, undertaken on behalf of governments and international organizations, as well as for over 400 companies, with more than 1,100 projects undertaken within 40+ countries.