climate change: implications for the extractive and primary industries
DESCRIPTION
The Fifth Assessment Report from the Intergovernmental Panel on Climate Change is the most comprehensive and relevant analysis of our changing climate. It provides the scientific fact base that will be used around the world to formulate climate policies in the coming years. This document is one of a series synthesizing the most pertinent findings of AR5 for specific economic and business sectors. It was born of the belief that the industrial sector could make more use of AR5, which is long and highly technical, if it were distilled into an accurate, accessible, timely, relevant and readable summary. Although the information presented here is a ‘translation’ of the keycontent relevant to this sector from AR5, this summary report adheres to the rigorous scientific basis of the original source material. The basis for information presented in this overview report can be found in the fully-referenced and peer-reviewed IPCC technical and scientific background reports at: www.ipcc.chTRANSCRIPT
climateeveryone’s business
Climate Change: Implica0ons for Extrac0ve and Primary Industries Key Findings from the Intergovernmental Panel on Climate Change Fi7h Assessment Report July 2014
climateeveryone’s business
Climate change impacts are projected to raise global average surface temperature 2.6–4.8oC by 2100. Impacts of climate change on primary industries are wide ranging. Industrial sectors reviewed:
§ Mining § Cement § Iron and steel § Chemicals § Aluminium § Pulp and paper
Climate Change: Key Findings
climateeveryone’s businessClimate Change: Key Findings
Most sector scenarios project that global demand for industrial products will increase by 45–60% by 2050 relaHve to 2010 producHon levels. This reflects the steady growth in world produc0on trends for extrac0ve mineral industries and primary industries, despite their declining share of global GDP. Rising demand could create pressures to increase industrial emissions.
Total greenhouse gas (GHG) emissions from
industry almost doubled between 1970
and 2010.
climateeveryone’s businessClimate Change: Key Findings
Global demand could rise for some products: § Products that reduce GHG emissions
e.g. insulaHon materials for buildings § Products for adapta0on to climate impacts e.g. materials for flood protecHon
Physical impacts to industry are likely to include: § Damage to infrastructure and industrial capital assets
§ Reduced availability of renewable natural resources, including water
climateeveryone’s businessClimate Change: Key Findings
An absolute reduc0on in GHG emissions by primary industry will require implementaHon of a broad range of mi0ga0on strategies. Mi0ga0on opportuni0es include: § Produc0on-‐related strategies Improving industrial process efficiencies
§ Demand-‐related strategies Reducing the overall use of product material
Adapta0on and mi0ga0on investments are in many cases cost-‐effec0ve.
OpHons for miHgaHon: § Emission efficiency § Energy efficiency § Material efficiency § Product-‐service efficiency § Demand reduc0on
For more informa0on
Cambridge InsHtute for Sustainability Leadership [email protected]
France Bourgouin, BSR [email protected]
European Climate FoundaHon
www.cisl.cam.ac.uk/ipcc www.bsr.org
www.europeanclimate.org