The real economy view focuses on the use or destination of finance: climate outcomes in major sectors of the real economy. Getting emissions to net zero in as many sectors as possible is now viewed as the prerequisite for achieving Paris goals.

All Sectors, Total Uk Emissions

MtCO2e

Chart - How to read

Historical greenhouse gas emissions and projected emissions in a Paris-aligned pathway based on the balanced net zero scenario in the 6th Carbon Budget published by the UK’s Climate Change Committee (CCC). Emissions are measured in MtCO2e.

Sources: CCC
TRENDS BENCHMARKS

The UK economy has cut emissions by over 40% since 1990. These cuts were driven primarily by coal phase-out and a cleaner electricity mix, reduced fuel and electricity consumption, and changing practices like reduced landfill. The only sector in this Tracker that increased its emissions since 1990 has been transport.

To reduce emissions to net zero by 2050, every sector needs to achieve steep cuts over the coming decades; annual investment will need to rise by several multiples of current levels by 2030. Doing so will require rapidly scaling up existing mitigation activities as well as deploying new technologies that have not yet been rolled out at any significant scale. Challenges facing the UK include decarbonizing an aging building stock, phasing out gas in both the electricity and heat networks, replacing all vehicles with electric alternatives, and restoring degraded land such as forests and peatland.

The real economy section of the Tracker focuses on each major economic sector in the UK, tracking historic emissions reductions and investment, as well future emissions cuts needed and corresponding investment requirements. We use the ‘balanced pathway’ published by the UK Climate Change Committee to assess net zero projections and investment needs out to 2050.

Volume by sector


Power

Emissions

MtCO2e

Chart - How to read

Historical greenhouse gas emissions and projected emissions in a Paris-aligned pathway based on the balanced net zero scenario in the 6th Carbon Budget published by the UK’s Climate Change Committee (CCC). Emissions are measured in MtCO2e.

Sources: CCC
TRENDS BENCHMARKS

Investments

USD billion

Chart - How to read

Historical investment flows – specifically primary investments into productive assets or activities – compared with the level of investment needed in each sector to achieve the emissions reductions required to reach net zero. Investments are measured in USD billion.

Sources: CPI, CCC
TRENDS BENCHMARKS
Explore Power

Industry

Emissions

MtCO2e

Chart - How to read

Historical greenhouse gas emissions and projected emissions in a Paris-aligned pathway based on the balanced net zero scenario in the 6th Carbon Budget published by the UK’s Climate Change Committee (CCC). Emissions are measured in MtCO2e.

Sources: CCC
TRENDS BENCHMARKS

Investments

USD billion

Chart - How to read

Historical investment flows – specifically primary investments into productive assets or activities – compared with the level of investment needed in each sector to achieve the emissions reductions required to reach net zero. Investments are measured in USD billion.

Sources: CPI, CCC
TRENDS BENCHMARKS
Explore Industry

Real estate

Emissions

MtCO2e

Chart - How to read

Historical greenhouse gas emissions and projected emissions in a Paris-aligned pathway based on the balanced net zero scenario in the 6th Carbon Budget published by the UK’s Climate Change Committee (CCC). Emissions are measured in MtCO2e.

Sources: CCC
TRENDS BENCHMARKS

Investments

USD billion

Chart - How to read

Historical investment flows – specifically primary investments into productive assets or activities – compared with the level of investment needed in each sector to achieve the emissions reductions required to reach net zero. Investments are measured in USD billion.

Sources: CPI, CCC
TRENDS BENCHMARKS
Explore Real estate

Agriculture, Forestry and Other Land Use

Emissions

MtCO2e

Chart - How to read

Historical greenhouse gas emissions and projected emissions in a Paris-aligned pathway based on the balanced net zero scenario in the 6th Carbon Budget published by the UK’s Climate Change Committee (CCC). Emissions are measured in MtCO2e.

Sources: CCC
TRENDS BENCHMARKS

Investments

USD billion

Chart - How to read

Historical investment flows – specifically primary investments into productive assets or activities – compared with the level of investment needed in each sector to achieve the emissions reductions required to reach net zero. Investments are measured in USD billion.

Sources: CPI, CCC
TRENDS BENCHMARKS
Explore Agriculture, Forestry and Other Land Use

Waste

Emissions

MtCO2e

Chart - How to read

Historical greenhouse gas emissions and projected emissions in a Paris-aligned pathway based on the balanced net zero scenario in the 6th Carbon Budget published by the UK’s Climate Change Committee (CCC). Emissions are measured in MtCO2e.

Sources: CCC
TRENDS BENCHMARKS

Investments

USD billion

Chart - How to read

Historical investment flows – specifically primary investments into productive assets or activities – compared with the level of investment needed in each sector to achieve the emissions reductions required to reach net zero. Investments are measured in USD billion.

Sources: CPI, CCC
TRENDS BENCHMARKS
Explore Waste

Transport

Emissions

MtCO2e

Chart - How to read

Historical greenhouse gas emissions and projected emissions in a Paris-aligned pathway based on the balanced net zero scenario in the 6th Carbon Budget published by the UK’s Climate Change Committee (CCC). Emissions are measured in MtCO2e.

Sources: CCC
TRENDS BENCHMARKS

Investments

USD billion

Chart - How to read

Historical investment flows – specifically primary investments into productive assets or activities – compared with the level of investment needed in each sector to achieve the emissions reductions required to reach net zero. Investments are measured in USD billion.

Sources: CPI, CCC
TRENDS BENCHMARKS
Explore Transport
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