Today’s energy system is massive, complex, and deeply embedded in the global economy, serving billions of people. While high performing, about two-thirds of energy is currently wasted, and companies and countries are now engaged in the early stages of an energy transition. “Thus far, deployment of low-emissions technologies is only at about 10 percent of the levels required by 2050 in most areas, and that has been in comparatively easy use cases,” write McKinsey senior partners and Davos delegates Sven Smit and Daniel Pacthod, and coauthors. Explore these insights to learn how winning organizations can determine their climate ambitions and accelerate climate commitments with progress that can be measured in months and not decades.
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