ireland in 2050: a low carbon future - a greenhouse gas neutral ireland by 2050
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Ireland in 2050: A Low Carbon Future
A Greenhouse Gas Neutral Ireland by 2050
Gemma O’Reilly
Climate Change Research Programme
November 14th, 2012
Outline
n Existing Irish Goals & Targetsn The Imperative for Actionn 80% reduction by 2050n The Role of Landusen A GHG neutral Irelandn Climate Finance Challengesn The Green Economyn Connecting the Dots
Existing Irish Goals and Targets
2020 Mitigation Targets
2020 Climate Finance Targets
Longterm Low Carbon Transition
Latest EPA projections suggest a cumulative shortfall of 2-20Mt CO2e up to 2020
Under the UNFCCC, Ireland is commited with other developed countries to jointly mobilise $100bn by 2020 from a variety of sources
At least an 80% reduction in GHGs from 1990 levels by 2050 (EU, 2009)
The Imperative for Action
EU analysis
An 80% Reduction by 2050
Current 2050
-15
-10
-5
0
5
10
Forest Pre-1990
Forest since 1990
Managed Peat/wetland
Unmanaged Degraded Peat/Wet-land
Cropland
Grazing Land Mgmt; organic soils
Rough Grazing Land Mgmt; mineral soils
Improved Grazing Land Mgmt; mineral soils
Sinks
Estimated Potential Role of Landuse
Sources
A GHG Neutral Ireland by 2050
2010 2050
-20%
0%
20%
40%
60%
80%
100%
120%
LanduseWasteEnergyResidentialIndustry & CommercialTransportAgriculture
Climate Finance Challenges
n Ireland as a member of the EU, voluntarily pledged up to €100m over the period 2010-2013, as part of an EU and developed country voluntary commitment
n In 2010, developed countries under the UNFCCC committed to a goal of jointly mobilising $100bn p.a. by 2020 from a variety of sources; public, private, innovative
The Green Economy
2020 Mitigation Targets
2020 Climate Finance Targets
Longterm Low Carbon Transition
Use efforts towards the 2020 goal to contribute to longer term low carbon and green economy objectives
Recognise the €100bn commitment as a large new market for climate products and services, providing impetus to green economy goals
Use long term ambition to drive development of Irish expertise in climate products and services, and to underpin green branding of Irish produce
Connecting the Dots
n Turn challenges into opportunities
n Green economy strategy should be linked to;n Early effortsn Long term ambitionn Climate finance strategy
n Mitigation ambition should be linked to;n Green brandingn Attracting FDIn Selling Irish climate products and services
