This side event is intended to serve as a soft launch for the UNEP’s report: “Net Zero Carbon Scenarios for Energy Sector in West Asia”, developed with the support of UNEP Copenhagen Climate Centre and the Islamic Development Bank (IsDB).
The report evaluates what mitigation actions defined in Nationally Determined Contributions (NDCs), Economic Diversification Plans, and green growth strategies of countries in West Asia can achieve in CO2 emissions reductions from the business-as-usual scenarios.it also identifies key technologies that will help mitigate the CO2 emissions within energy sector and assesses the impacts and opportunities of mitigation actions in terms of employment and investments in the region.
The “Net Zero Carbon Scenarios for Energy Sector in West Asia” analyses the following three climate change mitigation scenarios:
- The Business as Usual (BaU) scenario, which considers a continuation of current trends of growth in economy and energy demand. The energy mix remains same as the base year. ·
- The Current Policy Scenario (CPS), which is based on all the actions for the 3 sectors enumerated within the NDCs of the countries, as well as included in their national economic diversification strategies. ·
- The Enhanced Climate Action Scenario (ECAS), which is based on the ambitious deployment of mitigation technologies identified by the countries themselves within their NDC and Economic Diversification Plans and additional mitigation technologies