Low-carbon economy

Examples for methods to transition towards a low-carbon economy: Concentrated solar power with molten salt heat storage in Spain; wind energy in South Africa; electrified public transport in Singapore; and renewable energy sources, especially solar photovoltaic and wind, are providing an increasing share of electricity production.

A low-carbon economy (LCE) is an economy which absorbs as much greenhouse gas as it emits. Greenhouse gas (GHG) emissions due to human activity are the dominant cause of observed climate change since the mid-20th century. There are many proven approaches for moving to a low-carbon economy, such as encouraging renewable energy transition, energy conservation, and electrification of transportation (e.g. electric vehicles). An example are zero-carbon cities.

Shifting from high-carbon economies to low-carbon economies on a global scale could bring substantial benefits for all countries. It would also contribute to climate change mitigation.