Upscaling of "low carbon-emitting technologies" (LCETs) in the chemical industry is crucial to address climate change but are strongly affected by the political and legal environment.
Releasing a new dashboard on the impact of policy on LCETs in seven jurisdictions -- the European Union, the US, China, Japan, Saudi Arabia, United Arab Emirates and the UK-- along with the paper, the World Economic Forum (WEF) said these seven are jointly responsible for about 50 per cent of global greenhouse gas emissions.
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ALSO READ: WEF Annual Meet 2022 starts May 22 in Davos; Sitharaman, 3