Sustainability comes into focus

While the number of countries that have pledged to achieve net-zero emissions now covers around 70% of global emissions of CO2, most pledges do not have adequate near-term policies and measures. Moreover, even if successfully fulfilled, the pledges so far still put the world on track for 2.7C of warming by 2100, far beyond the "below 2C" goals of the Paris climate accord, according to the latest report from the UN Environment Programme.

In 2015, the year of the Paris accord, emissions from human activities were nearly 47Bt of greenhouse gases, expressed as carbon dioxide equivalents. By 2020, this level was an estimated 52Bt. The rise, however, has slowed due to the rapid deployment of cleaner energy systems.

About 60% of GHG emissions come from just 10 countries, while the 100 least-emitting contributed less than 3%. Energy makes up nearly three-quarters of global emissions, followed by agriculture. Within the energy sector, the largest emitting sector is electricity and heat generation, followed by transportation and manufacturing. Land use, land use-change and forestry are both a source and sink of emissions and key sector to get to net-zero emissions.

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"About 60% of GHG
emissions come from just
10 countries, while the 100
least-emitting contribute less than 3%."

Feature Articles

Iron Ore August 2022
China's Carbon Emission Policy Promotes New Steelmaking Methods

China’s government estimates that carbon emissions will reach their peak by 2030 and will be significantly decarbonised by 2060.


Nickel August 2022
Indonesia – One Country to Rule Them All

Indonesia is experiencing the fastest demand growth for both mined and finished nickel. Finished nickel demand surged from virtually zero in 2016 to almost 400kt within five years. While mined demand also saw a massive jump since the 2020 ore export ban.


Carbon August 2022
The EU’s Ambitious ‘Fit for 55’ Plan

The European Council has agreed on more ambitious targets for renewable energies. Under the “Fit for 55” package, the EU targets a net reduction of greenhouse gas (GHG) emission by 55% by 2030. Fit for 55 will help the EU stay on track for its 2050 target of achieving climate neutrality.


Gas in Transition (Oil) August 2022
Energiewende in the Midst

In the midst of the Energiewende (energy transition), Germany still relies heavily on imports of fossil fuels as its domestic resources are largely depleted or their extraction is too costly.


Copper August 2022
EV Revolution Fuels China's Copper Demand

China’s refined copper demand is expected to marginally decrease by 0.3% to 13,884kt in 2022. This is mainly driven by the softer-than-expected demand in the first half resulting from the Covid lockdowns, coupled with the drop in the country’s building sector.

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