Europe Leads the Way in Economic-Decoupling

A study reveals that 30% of global regions, notably in Europe, have achieved decoupling, where economic growth occurs without increasing carbon emissions. North America and Asia show varied trends. The research emphasizes the importance of net-zero emissions by 2050, crucial for the goals of the Paris Agreement.


Devdiscourse News Desk | New Delhi | Updated: 29-10-2024 15:56 IST | Created: 29-10-2024 15:56 IST
Europe Leads the Way in Economic-Decoupling
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According to a new study, around 30% of regions globally, mainly in Europe, have successfully decoupled their economic growth from carbon emission increases. This decoupling, where economies expand but emissions fall, is vital in reaching net-zero goals by 2050 set by the Paris Agreement.

Researchers from the Potsdam Institute for Climate Impact Research highlight differing trends across continents. While Europe shows a consistent decoupling trend over the last 20 years, North America and Asia have experienced fluctuating patterns, although improvements were noted in the last decade.

The study underscores the significance of subnational climate actions, and the leading role of high-income regions in reducing emissions from industries. The findings call for greater global cooperation and investment, particularly from developed countries, to support the global south in energy transitions to meet global net-zero targets by 2050.

(With inputs from agencies.)

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