This 2023 update to our Net Zero Roadmap surveys this complex and dynamic landscape and sets out an updated pathway to net zero by 2050, taking account of the key developments that have occurred since 2021. Yet there are also increasing grounds for optimism: the last two years have also seen remarkable progress in developing and deploying some key clean energy technologies. And energy sector carbon dioxide emissions have continued to rise, reaching a new record in 2022. Since the report was released, many changes have taken place, notably amid the global energy crisis triggered by Russia’s invasion of Ukraine in February 2022. The Net Zero Roadmap quickly became an important benchmark for policy makers, industry, the financial sector and civil society. The report set out a narrow but feasible pathway for the global energy sector to contribute to the Paris Agreement’s goal of limiting the rise in global temperatures to 1.5 ☌ above pre-industrial levels. In May 2021, the IEA published its landmark report Net Zero Emissions by 2050: A Roadmap for the Global Energy Sector.
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