Background:

According to IPCC data, humans are responsible for global warming of 1.1°C from 1900 to the present day. A systemic and collaborative paradigm shift is urgently required. This means rethinking the type of solutions implemented to date and adapting them to today’s needs.

According to the IPCC’s Sixth Assessment Report 2021, for the period 1960-2019, the two main greenhouse gases have been carbon dioxide and methane. In the case of the former, about two-thirds is due to the burning of fossil fuels and one-third to land use. For the latter, the situation is reversed, with one third coming from fuels and two thirds from agriculture and waste management.

Developed countries with high emissions levels have the opportunity to promote the decarbonisation of hard-tosupply heat-intensive industrial sectors, such as the iron and steel sector, aluminium and the chemical industry, through the use of green hydrogen produced from the electrolysis of water.

But Climate change is not only an environmental threat to the planet. It’s also a social, economic and cultural one, that directly affects people in all dimensions of their lives.

This issue requires collaboration between the public and private sectors to change the production model towards one that guarantees and promotes development and sustainable economic growth.

The World Bank warns that without urgent action, the impacts of climate change could push an additional 100 million people into poverty by 2030.

To build a more beneficial growth model, society must focus on clean energy systems, developing smarter, more compact, connected and coordinated cities. Also relevant is sustainable land use, which could generate economic benefits, among others.