A proposed framework to incentivise energy efficiency while transitioning away from high-GWP HFCs

November 05, 2018

THE INTERGOVERNMENTAL Panel on Climate Change’s (IPCC) recently released Special Report on impacts of global warming has come out with a dire prognosis: the world must limit warming to 1.5°C to avoid catastrophic impacts of climate change. But limiting warming to 1.5°C would require rapid and deep reductions in emissions in all sectors. A case in point is the building sector, which is responsible for one-third of global energy consumption, and must reduce emissions by 80-90 per cent by 2050.