It's (nearly) five years since the Paris Agreement was gaveled through… but was it any good? Tricky question. Based on emissions, temperature data and impacts, no. *But...* (thread)

The team at @SystemIQ_LTD have crunched the numbers & reviewed how far + fast sectors have shifted since 2015. Their take is the global economy could be a decade away from seismic tipping points that see the world move fast towards low carbon.

In 2015, zero-carbon technologies and business models could rarely compete with incumbent carbon-solutions. In 2020, zero-carbon solutions are competitive in sectors representing around 25% of emissions. In 2030 the figure’s looking like 70%.

What does this mean for a COVID-smashed world, where 2021 is shaping up to be a hellish mix of recessions and mass unemployment? Well, the 2020s could see a net increase of 35 million low carbon jobs if governments roll out the right policies + invest wisely.

Can the low carbon acceleration be pinned to Paris? Not entirely, but partly. In 2014 no-one talked of net zero targets. Now 120+ countries either have these plans or are working on them. By mid 2021 the US, China, EU, UK, Japan, Korea, Canada will have these targets.