BANPU CLIMATE CHANGE REPORT 2023

Scenario applied for assessment Transition Scenario Announced Pledge scenario NZE emission by 2050 Description A scenariowhich assumes that all climate commitments made by governments and industries around the world as of the end of August 2023, including Nationally Determined Contributions (NDCs) and long-term net zero targets will be met in full and on time. A scenario which sets out a pathway for the global energy sector to achieve net zero CO2 emissions by 2050. It does not rely on emissions reductions from outside the energy sector to achieve its goals. Temperature Alignment 2.6 °C in 2100 1.5 °C in 2100 Physical Scenario RCP 8.5 RCP 2.6 Description • Mean Radiative forcing at earth surface is 8.5 W/m2 • Low effort on the implementation of decarbonization • High intensity & high frequency in extreme weather • Mean Radiative forcing at earth surface is 2.6 W/m2 • High effort on the implementation of decarbonization • Medium intensity & low frequency in extreme weather Temperature Alignment 4.3 C in 2050 1.6 C in 2050 Source: IEA Source: IPCC Climate Change Report 2023 23

RkJQdWJsaXNoZXIy ODg4NTI=