'Time is not on our side, and our climate is changing before our eyes,' said the head of the World Meteorological Organization. 'We need a complete transformation of the global energy system.'
In addition to reducing deadly greenhouse gas pollution, pursuing an ambitious clean energy transition would alleviate the mounting pressure on global water supplies.In 2020, 87% of global electricity generated from thermal, nuclear, and hydroelectric systems directly depended on water availability. Meanwhile, 33% of the thermal power plants that rely on freshwater availability for cooling are already located in high water stress areas.
According to the report, only 40% of climate action plans submitted to the United Nations"prioritize adaptation in the energy sector," and as a result,"climate adaptation-focused investments in the energy sector remain very low, at just over $300 million, tracked per year in 2019-2020."
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