The Climate Action 100+ 2020 report, which includes 160 of the largest companies (80% of global industrial emissions), is more likely to set emission reduction targets by companies in the oil and gas and utilities sectors. In this initiative, 43% of companies have established some form of zero emission commitment.
The most innovative companies have assessed their carbon footprint and are taking steps towards reducing emissions, taking into account the Paris Agreement and the European Green Deal. However, there are still only a few companies that have announced plans to achieve zero greenhouse emissions by 2050.
The key finding of the emission reduction report / report is that Uzbekistan’s transition to a zero-carbon energy sector by 2050 is technically and economically feasible. It is shown that “Uzbekistan can be a leader in actions to combat climate change in Central Asia and beyond, while maintaining sustainable economic growth.”
The report notes that, according to the highest estimate, the need for electricity in Uzbekistan in 2050 will be 400 GW. At the same time, the technical potential of wind energy is 1,000 GW, and solar energy is 3,000 GW.
According to the Order of the President of the Republic of Uzbekistan No.UP-5863 10/30/2019 “ON APPROVAL OF THE CONCEPT OF ENVIRONMENTAL PROTECTION OF THE REPUBLIC OF UZBEKISTAN TILL 2030” technologies, as well as the creation of a system of taxes and duties that stimulate the use and import of environmentally neutral technologies, goods and services.
According to research carried out at our university and development, as well as conferences and reports, we believe that it is possible to reduce the use of carbon fuels, and we should achieve the first stage (1 sphere) partial reduction by 2024.