The AR5 was published in 2014. The Paris Agreement and the 17 Sustainable Development Goals (SDGs) were adopted in 2015.
An increasing number of countries have since announced ambitions to be carbon neutral by 2045–2060. The COVID-19 pandemic shocked the global economy in 2020 and motivated economic stimulus with demands for green recovery and concerns for economic security. All this has created a new context and a growing recognition that all industry, including the energy and emissions intensive industries, need to reach net zero GHG emissions. There is an ongoing mind shift around the opportunities to do so, with electrification and hydrogen emerging among key mitigation options as a result of renewable electricity costs falling rapidly. On the demand side there has been renewed attention to end-use demand, material efficiency, and more and better-quality recycling measures. This chapter takes its starting point in this new context and emphasises the need for deploying innovative processes and practices in order to limit the global warming to 1.5°C or 2°C (IPCC 2018a).