This volume discusses the socio-economic impacts of IRENA’s Paris Agreement-compliant 1.5˚C Scenario, compared to the Planned Energy Scenario, using the scenario roadmaps from Volume 1. It is based on IRENA’s macro-econometric modelling work and provides policy makers with insights into how economic activity, employment and wellbeing may be affected under the 1.5°C pathway, compared to current policy settings. This analysis can assist countries to design policies that maximise the benefits of the energy transition and minimise adjustment burdens.
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