Based on the light source, the global stadium lighting market is segmented into the light-emitting diode, high-intensity discharge, high-pressure sodium, and induction lights. Light-emitting diode segment accounted for the largest market share and is estimated to grow at a CAGR of 8.1%during the forecast period. Falling LED lighting costs, increased global LED penetration, expanding industrial demand for adequate power lighting, supportive governmental regulations, and the phasing out of conventional lighting are the main factors promoting the expansion of the LED industry. Governments worldwide are also promoting the usage of LEDs in both public and private settings. The Chinese government adopted LED lighting before its planned ban. The European Union, United States, and Canadian governments' bans on inefficient lighting helped the LED market expand across all industries.
Global Track Lighting Market: Latest Industry Report
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Although once again the scientific community has made clear this week that we are not doing enough to limit global warming to the crucial 1.5C threshold, the findings of the latest Intergovernmental Panel of Experts on Climate Change report, are not all doom, and gloom.
The global market research report highlights leading regions worldwide to offer a better understanding of the user. Furthermore, the research report provides insights into the competitive landscapes, latest industry, and smart building market trends and analyzes technologies deployed rapidly at the global level. It further highlights some of the growth-stimulating factors and restraints, helping the reader gain in-depth knowledge about the market.
Without immediate and deep emissions reductions across all sectors, limiting global warming to 1.5C (2.7F) is beyond reach. In the scenarios assessed, limiting warming to around 1.5C requires global greenhouse gas emissions to peak before 2025 at the latest, and be reduced by 43% by 2030; at the same time, methane would also need to be reduced by about a third. According to the report, there is increasing evidence of climate action. In 2010-2019, average annual global greenhouse gas emissions were at their highest levels in human history, but the rate of growth has slowed. An increasing range of policies and laws have enhanced energy efficiency, reduced rates of deforestation and accelerated the deployment of renewable energy.
COVID-19 paused but did not slow the relentless advance of climate change. Record levels of greenhouse gases in the atmosphere commit the planet to dangerous future warming, according to a new report that links the latest findings from across the United Nations. Rising global temperatures are fuelling extreme weather throughout the world, impacting economies and societies. The average global temperature for the past five years was among the highest on record, and the scale of recent changes across the global climate system is unprecedented over many centuries to many thousands of years. Even with ambitious action to slow greenhouse gas emissions, sea levels will continue to rise and threaten low-lying islands and coastal populations throughout the world. The findings reinforce critical momentum behind climate action to avoid the worst impacts of climate change.
New and updated climate commitments fall far short of Paris Agreement goals, leaving the world on track for a global temperature rise of at least 2.7C this century. The latest Emissions Gap Report finds that updated national commitments for reducing emissions by 2030 only shave an additional 7.5 per cent off predicted annual totals. Reductions of 55 per cent are needed to stay on course in keeping global temperature rise to 1.5C. Net-zero pledges could make a big difference if fully implemented, restraining predicted global temperature rise to 2.2C. This provides hope that further action could still head off the most catastrophic impacts of climate change. But net-zero pledges are vague and incomplete in many cases. To stay at no more than 1.5C, the world has eight years to take an additional 28 gigatonnes of carbon dioxide equivalent off annual emissions, above what has already been promised. Current annual emissions are close to 60 gigatonnes of carbon dioxide equivalent.
An updated synthesis of climate action plans communicated in Nationally Determined Contributions confirms overall trends identified in a full report released in September 2021. The update provides the last information to inform global climate talks at COP26. It synthesizes information from the 165 latest available NDCs, representing all 192 Parties to the Paris Agreement, including the 116 new or updated NDCs communicated by 143 Parties on 12 October 2021. For these 143 Parties, total emissions are estimated to be about 9 per cent below the 2010 level by 2030. Some 71 Parties communicated a carbon neutrality goal around mid-century, with their emissions levels up to 88 per cent lower in 2050 than in 2019. For all available NDCs of all 192 Parties, however, a sizable increase of about 16 per cent in global emissions is expected by 2030 compared to 2010. This may lead to a temperature rise of about 2.7C by the end of the century.
Achieving the Sustainable Development Goals by 2030 largely depends on addressing human-induced climate change. A new report demonstrates connections between global climate and the goals. It champions the need for greater international collaboration to both achieve the SDGs and limit global warming to no more than 1.5 degrees Celsius. A story map highlights seven climate indicators with impacts across the global goals: carbon dioxide concentration, temperature, ocean acidification, ocean heat content, sea-ice extent, glacier mass balance and sea-level rise. The report examines the implications of the latest data and scientific research on the state of the global climate for sustainable development, highlighting how the climate is already changing in ways that may impede progress on the SDGs.
A synthesis of nationally determined contributions required under the Paris Agreement indicates that while there is a clear trend in reducing greenhouse gas emissions over time, nations must urgently redouble climate efforts to prevent global temperature from crossing a dangerous threshold of 1.5 degrees Celsius. The report includes information from all 191 Parties to the Paris Agreement based on their latest NDCs, including 86 updated or new NDCs submitted by 113 Parties. The new or updated NDCs cover about 49 per cent of global emissions. For the 113 Parties, greenhouse gas emissions are projected to decrease by 12% in 2030 compared to 2010. This is an important step towards the 45 per cent reduction in 2030 required to keep to the 1.5 degree goal. NDCs of all 191 Parties, however, imply a sizable 16 per cent increase in global emissions in 2030. Without immediate action, this could lead to a temperature rise of about 2.7 degrees Celsius by the end of the century.
Land is already under growing human pressure and climate change is adding to these pressures. At the same time, keeping global warming to well below 2ºC can be achieved only by reducing greenhouse gas emissions from all sectors including land and food, the Intergovernmental Panel on Climate Change (IPCC) states in its latest report.
Since Goldman Sachs Research's report A Revolution Rising - From low chatter to loud roar (April 2018), a virtuous cycle of ESG adoption has continued, driven by consumers, employees, regulators, corporates, NGOs and investors, leading to ESG strategy becoming a critical component of corporate & investor conversations. This report revisits our analysis using earnings transcript analysis tools to track the development of ESG themes over the past 5 years among global corporates in the S&P 500, STOXX 600 and ASX 200. 2ff7e9595c
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