Narasimhan Santhanam’s Post

PwC UK's Net Zero Economy Index suggests an ever-widening gap between climate ambition and action. Businesses have a critical role to play in closing that gap, particularly when it comes to managing energy demand. Explore the Net Zero Economy Index 2024. #NetZero #Sustainability

PwC UK's Net Zero Economy Index suggests an ever-widening gap between climate ambition and action. Businesses have a critical role to play in closing that gap, particularly when it comes to managing energy demand. Explore the Net Zero Economy Index 2024. #NetZero #Sustainability

PwC UK's Net Zero Economy Index suggests an ever-widening gap between climate ambition and action. Businesses have a critical role to play in closing that gap, particularly when it comes to managing energy demand. Explore the Net Zero Economy Index 2024. #NetZero #Sustainability

PwC UK's Net Zero Economy Index suggests an ever-widening gap between climate ambition and action. Businesses have a critical role to play in closing that gap, particularly when it comes to managing energy demand. Explore the Net Zero Economy Index 2024. #NetZero #Sustainability

Acceleration of the energy transition is essential for long-term energy security, price stability and national resilience. Such a profound potentially makes countries less dependent on energy imports through diversified supply options and helps to decouple economies from wide swings in the prices of fossil fuels. This path would also create jobs, reduce poverty, and advance the cause of an inclusive and climate-safe global economy. # still at the frontlines of Energy Transition

Interesting chart, showing how much economic activity is created per tonne of GHG emissions. All things being equal, higher is better. The top 5, bottom 5, and a selection of the largest economies are shown*. Some highlights: 👉By far the most climate resource-efficient countries are Rwanda and neighbouring Uganda 👉Among the least efficient are small island states like Trinidad and Tobago, and Palau 👉Some of the largest and wealthiest countries like Japan, the US and Australia are punching well below their weights 👉China, Russia and Saudi Arabia are amongst the worst at creating prosperity per tonne of pollution they cause, especially for their size Some important things to note: 👉These are $/tn comparisons, which hides the absolutes. For example, Rwanda is a least-developed country with just $2,365 per capita GDP, acute energy insecurity and 0.015% of global emissions. It would not be a good thing for Rwanda to stay in its current position. 👉Likewise the least-efficient and most-efficient developing countries are not necessarily "bad" or "good" actors, it is often just a reality of their circumstances. 👉For example, Palau is a remote archipelago that is almost 100% reliant on energy from imported fossil fuels. 👉By comparison, Uganda's main source of energy is biomass and of grid-connected electricity generation, hydropower accounts for about 84%. So what does all this mean? Maybe nothing - it is one simple metric that hides lots of complexities. But a few things jump out: 👉Highlights what we already know, that providing clean reliable energy is essential for developing countries; having no energy to reduce poverty is not the way to address climate change. 👉India is outperforming China in the resource efficiency stakes by better than 50%. 👉People who live in centralised petrostates are being heavily climate-subsidised by people who don't (kind of obvious I guess, but really jumps out in the data). 👉The US, Australia, Japan and other wealthy countries (including countries not shown, like Canada) can afford to do better on clean energy, and they must. *Data from The World Bank, sourced from Our World in Data. Chart compiled by Carbon Growth Partners.

A simple yet powerful visualization of the spiraling (pun intended) temperature problem on hand with some clear actions we could take to address the issue. #SustainableFinance #ClimateAction #GreenEconomy

I love visual data. This graphic is very clear.

🌍 Climate Change and Its Impact on the Economy. The reality of climate change is reshaping our world—and the global economy is no exception. As extreme weather events increase, industries from agriculture to manufacturing are feeling the pressure. 🔍 Key Economic Impacts: Supply Chain Disruptions: Floods, hurricanes, and droughts are causing production delays and logistical challenges, driving up costs. -Energy Shifts: The demand for renewable energy is skyrocketing as governments and corporations aim to reduce carbon emissions. Fossil fuel industries are facing decline, while clean energy companies are experiencing a boom. ⚡ -Investment in Adaptation: Infrastructure investments are becoming critical, as cities and countries adapt to new climate realities. This shift presents both risks and opportunities for investors. Job Market Evolution: The green economy is creating new roles in sectors like renewable energy, sustainability consulting, and environmental engineering, while traditional industries may face job displacement. Businesses that adapt to these changes are more likely to thrive, while those that ignore them could be left behind. Now is the time for companies and governments to embrace sustainable practices and foster innovation for a resilient future. 🌱 #ClimateChange #Economy #Sustainability #GreenEconomy #FutureOfWork #RenewableEnergy

The global clean energy boom - worth USD 2 trillion last year alone and rising fast - is the economic growth deal of the decade. Embracing it will mean massive profits, millions of manufacturing jobs and clean air. Ignoring it only sends all that vast wealth to competitor economies, while climate disasters like droughts, wildfires and superstorms keep getting worse, destroying property and businesses, hitting nation-wide food production, and driving economy-wide price inflation.  The door remains open to the Paris Agreement, and we welcome constructive engagement from any and all countries.