APEC STI Strategic Foresight: Net Zero Emissions/ Carbon Neutrality Report
Due to the profound and enduring effects of the COVID-19 pandemic, as well as the notable shifts in global trends observed in recent years, it has become imperative for the Asia-Pacific Economic Cooperation (APEC) to reevaluate its priorities and flexibly adjust its plans to effectively tackle both anticipated transformations and unforeseen challenges. In light of these evolving circumstances, APEC could leverage foresight methodologies as a strategic approach to pinpoint emerging issues, navigate uncertainties, and devise viable strategic options. The primary objective of this initiative is to anticipate future challenges, uncertainties, crucial agendas, and transformative technologies through strategic foresight techniques.
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Quick Facts | |
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Report location: | source PDF |
Language: | English |
Publisher: | APEC Center for Technology Foresight |
Time horizon: | 2050 |
Geographic focus: | Asia-pacific Region |
Methods
The research method involved a multi-faceted approach, including a literature review to understand current trends, a Delphi survey to gather expert opinions on net zero emissions strategies, and foresight workshops to engage stakeholders in exploring future scenarios and collaborative strategies.
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Key Insights
The report discusses APEC's strategic foresight initiative aimed at achieving net zero emissions and carbon neutrality. It highlights the urgent need for APEC member economies to adapt to climate change and emphasizes the importance of collaborative efforts in addressing this global challenge. The report employs foresight methodologies, including a Delphi survey and workshops, to gather insights from experts across member economies. Key findings reveal that APEC economies are significant contributors to global greenhouse gas emissions, accounting for 56% of total emissions in 2020.
The report outlines key strategies for achieving net zero emissions, including energy demand management, energy transition, promoting a green economy, enhancing carbon emissions sinks, and implementing offset policies. Recommendations for future actions include establishing APEC-wide regulations and standards, creating market mechanisms for emissions trading, and fostering technology transfer for green innovations. The report emphasizes the importance of collaboration among APEC economies to drive sustainable practices and achieve climate goals, ultimately contributing to global efforts in combating climate change.
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Additional Viewpoints
Categories: 2050s time horizon | 2050 time horizon | 2024 publication year | English publication language | Asia-pacific Region geographic scope | Delphi method | carbon emissions sinks | carbon neutrality | collaborative strategies | energy demand management | energy transition | green economy | net zero emissions | offset policies | strategic foresight | sustainable practices