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By 2050, global energy demands are set to double, with a crucial need to reduce emissions by 50%, especially an 80% cut within OECD nations. Over 1.3 billion people still lack electricity. As we confront these daunting challenges, effective risk management and proactive strategies are essential to navigate uncertainties. With significant increases in fuel demand and CO2 emissions projected, particularly in Non-OECD countries, collaborative partnerships and focused action are vital to overcome the Energy Trilemma and achieve a sustainable future.
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World Energy Challenges • by 2050: • double energy demand • half the emissions (-80% in OECD) • electricity access for 1.3 billion energy poor • globally governed risks management Christoph Frei, PhD Secretary General World Energy Council
critical uncertainties uncertainty need for action weak signals impact
critical uncertainties uncertainty need for action weak signals impact
critical uncertainties uncertainty need for action weak signals impact
Freeway/Tollway fuel demand (EJ) Source: WEC Global Transport Scenarios 2050 +82% +30% increase in fuel demand for all transport Non-OECD OECD Non-OECD countries demand for transport fuels is expected to exceed that of the OECD countries by 2025
Freeway/Tollway CO2 emissions Source: WEC Global Transport Scenarios 2050 +36% - 46% increase in CO2 emissions from cars Non-OECD OECD increase in CO2 emissions from all transports +79% +16%
Overcoming the EnergyTrilemma… Source: 2011 Assesment of country energy and climatepolicies Energy Security A Social Equity B … a balancing act Environmental Impact Mitigation C
Kazakhstan : 2012 EnergySustainabilityIndex Source: 2012 Assessmentof country energy and climatepolicies (forthcoming)
Kazakhstan : 2012 EnergySustainabilityIndex Source: 2012 Assessmentof country energy and climatepolicies (forthcoming)
World Energy Council seizing opportunity through working in partnerships