To be sure, a lot is standing in the way of IRENA’s ambitions. In 2018, non-renewables comprised 86% of the global electricity mix while sustainable energies made up 14% — and other studies don’t see that flipping because natural gas is replacing coal. Moreover, it will also take $131 trillion to 2050 to get to carbon neutrality.
The European Union and Canada were the first advanced economies to embrace the Paris climate agreement: Europe committed to reducing its greenhouse gases by 40% by 2030 from a 1990 baseline. And Canada agreed to cut its greenhouse gases by 30% from a 2005 baseline.
What about un-developing countries like Zimbabwe and South Africa?
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