Progress paralysis: getting the energy transition up to speed
While investments are the highest ever, how do we ensure energy and water projects get off the ground to be on track for global net-zero emissions by 2050? The connection and continuity of water and energy are at the heart of our communities; this paper looks at the causes of ‘progress paralysis’—and possible ways to overcome it through an implementation roadmap produced in association with the global professional services company GHD.
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In the report we explore the following:
- More than money - Companies and communities need to consider the tangible and intangible costs of implementing or not implementing projects. There is no shortage of funding available, but access to funding is an issue.
- Building a more compelling business case - Evaluate other factors standing in the way of appropriate investment and how capital can reach the right projects.
- Identifying and navigating obstacles – What is an acceptable level of risk to move forward? Analyze concerns over energy security and technology readiness, all potential blockages to the energy transition.
- Navigating existing and new technologies - Assessing the successful scale-up of clean technologies and synergies between emerging technologies and costs cuts.
- Not just energy, the water issue - Ensuring water availability can be balanced with energy production to support rapid and efficient decarbonization.
About GHD
GHD is a leading professional services company operating in the global markets of water, energy and resources, environment, property and buildings, and transportation. GHD delivers advisory, digital, engineering, architecture, environmental and construction solutions to public and private sector clients. Established in 1928 and privately owned by its people, GHD’s network of 10,000+ specialists are connected across 200 offices located in five continents. www.ghd.com
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