Cost to value leadership

Effective deep decarbonization will be equitable

Zero Carbon Solutions

Climate Change is a Megatrend, and a rapid transformation of the global energy system is underway and accelerating. Many countries and industry leaders worldwide have committed to accelerating zero-carbon industry development. Policymakers must make decisions based on system value to realistically measure the impact of policies by considering the cost of energy and the broader consequences, encompassing emissions, water footprint, air quality and human health, job creation, energy access, resilience, etc.

Studies undertaken by WEF’s Electricity Industry Action Group prove that an acceleration of a Sustainable Energy Transition can pay off by delivering a higher net benefit than continuing on our current path.

Radical Change

We are at a time when every country is accelerating to net-zero carbon solutions simply through economic growth and sustainable policies that rise to clean industries. We need to shift political focus from cost to value leadership to make a real difference. Adopting the System Value Approach gives us a more holistic evaluation of policies and investments’ economic, environmental, social, and technical outcomes.

A radical acceleration of innovation’ is necessary to raise climate ambition and drive the clean energy transition. At the same time, we need to make significant investments in developing, demonstrating, and scaling up innovative technologies to enable a swift and affordable net-zero transition.

Cost focus is not enough

To get serious about mitigating the climate crisis and about rendering societies more resilient to future challenges, we cannot afford to base decisions on imminent costs. It is now more important than ever to consider the broader impacts of our decisions on society and the planet – monetary or not.

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Sustainable Energy Transition

Developing sustainable, clean, and green projects entail a higher upfront investment. However, the wind and sun energies are free and abundant, while fossil fuel prices vary. Renewables displace carbon emissions, air pollution and reduce water consumption.

As a global collaboration involving leading nations and other stakeholders, the sustainable energy transition is central in fast-tracking and globalizing clean energy innovation. A sustainable energy transition has a higher societal return on investment than business-as-usual.

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We Work together to deliver

The climate is already changing, and it will continue to change even as we reduce emissions, with devastating effects. AGA is blazing the trail toward a Green Ammonia economy in the Northern Territory. We can only rise to the challenges of the climate crisis by working together and cooperating to do our best and be a part of the global effort to heal our earth. Together, we accelerate action to tackle the climate crisis through collaboration. between governments, businesses, and civil society.

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