Challenges of the Energy Transition: Emissions and Energy Profile of the G20
Mitigating climate change is one of the greatest challenges humanity urgently needs to face. Since Rio 92, the United Nations Conference held in 1992, multilateral mobilization regarding climate change has been consolidating. Since then, international agreements, protocols, and events such as COP and G20 have expanded the discussion on the relationship between economic and social growth, combined with environmental preservation and climate balance across the planet.
Modern life is intrinsically linked to energy systems, which becomes evident when we observe that practically all of the United Nations Sustainable Development Goals require energy. Currently, a quarter of the global population, about 2.1 billion people, live in energy poverty, meaning they do not have access to modern energy for cooking, using solid biomass, kerosene, or coal as the main fuel for cooking.
In this context, the challenge is to promote a just energy transition, addressing climate change and ensuring access to reliable and affordable energy for all. Therefore, for us, it is a priority to enable solutions in new energies and decarbonization, seeking a just energy transition that reduces emissions, promotes inclusion, and social development. At the same time, we recognize the importance of continuing to produce oil, considering its relevance to the world economy in the coming decades.
The energy challenge is complex, and actions will have low impact if viewed in isolation. The energy trilemma of a just energy transition involves energy security, environmental sustainability, and energy equity. Therefore, coordinated action by governments, the productive sector, financial sector, and society is fundamental to facing the complexity of the energy transition.
To ensure that everyone has access to clean and safe energy, we need to understand energy consumption and its impacts around the world today and how this has changed over time. Try this interactive data tool and see what stories you can tell about the evolution of energy consumption and greenhouse gas emissions of the G20.