Investment in Renewable Accelerator (IRA) initiatives will help meet half of US Paris Climate Agreement objectives, says a report by Sustainable Brands. However, industry-led innovation won’t be sufficient to achieve full compliance.
Specific, binding legal mandates – that compel businesses to adapt – are needed to realise ambitious climate goals. Military technology development is an example of regulation-driven innovation.
The research emphasises continued state support for renewable initiatives. Resilience, storage, utilities, manufacturing, transport and carbon capture all require heavy investment.
Read source article here:
https://sustainablebrands.com/read/cleantech/ira-halfway-paris-goals-need-mandates-reach-finish-line
