She continues: “We just lost those years to commercialise these very critical technologies. We’ve got 10 years to do more to meet the net-zero scenario.”
The world was on track to have peaks on emissions before the outbreak of Covid-19. Now, countries must turn to “game changers” in order to catch up with net-zero pledges, urges Fauziah Marzuki, head of BloombergNEF’s APAC gas, power and carbon research.
Time was not the only thing lost in the past few years: Renewable energy projects were also mothballed due to supply chain constraints and inflationary risks.
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