Israel’s State of Climate Tech 2021

FIGURE 1 | State of the Planet Carbon Dioxide 417 parts per million Global Temperature 1.1 0 C vs pre-industrial averages Global Temperature 1. 0 C vs pre-industrial averages P opl isplaced by Flooding 8M er year Sea Level 3.4 millimeters per year Carbon Dioxide 417 parts per million Global Temperature 1.1 0 C vs pre-industrial averages Car Di ide 417 parts r i li Gl b l T m r 1 r i tri l r People Displaced by Flooding 8M per year Sea Level 3.4 millimeters per year

Animal Population Sizes 68% since 1970 GDP per Capita Loss 25% by 2100 on current climate trajectory Arctic Ice Minimum 13.1% per decade Ice Sheets 428 billion metric tons per year i al p l ti i 8% ince 197 i % 21 o c re t li at tr j t r i I i i r I i li tri t r r Animal Population Sizes 68% since 1970 GDP per Capita Loss 25% by 2100 on current climate trajectory Arctic Ice Minimum 13.1% per decade Ice Sheets 428 billion metric tons per year GDP per Capita Loss 25 by 2100 on current climate trajectory Arctic Ice Minimum 13.1 per decade Ice Sheets 428 billion metric tons per year

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189

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112

Figure 1: State of the Planet Fi l ne

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Potential of Technologies Towards Climate Mitigation and Adaptation The development and transfer of technologies has been recognized as an essential core enabling element if we are tomeet current pledges, minimize the emission gap, and ensure that the balance of CO 2 e added to the atmosphere is net zero. Broad deployment of existing technologies as well as scaleup and adoption of early-stage technologies have the potential to reduce global emissions by about two-thirds (P4 pathway defined by the IPCC, Figure 2). The remaining gap in reducing emissions must be bridged by finding new solutions. Both pathways require measures to address social and institutional barriers to widespread adoption, such as policy changes, new business models, and financial incentives that will enable climate technologies to be implemented feasibly and cost-effectively on a large scale. Climate technologies address two pathways: (1) Mitigation – reducing the sources of emissions from different sectors such as energy, industry, buildings, transport, food and land-use, alongside enhancing carbon sinks that remove carbon from the atmosphere, and (2) Adaptation - increasing resilience to climate risks and extremes in order to minimize the already apparent adverse impact of climate change that will only be exacerbated in the future.

Sea Level 3.4 millimeters per year i li t r r

r

People Displaced by Flooding 8M per year i i r r

Sources: NASA, Carbon Brief, WWF, Royal Society, IPCC; Pew Charitable Trusts

Figure2 | TechnologyGap inNetZeroEmissions

-25%

Newbusinessmodels and changes in policy can maximize available net zero technologies to achieve 60-70% of progress towards net zero

100%

-40%

Remaining gap in technologies to achieve net zero by 2050

-35%

Current CO 2 emissions

Mature technologies

Technologies in early adoption

Remaining net zero gap

Source: Boston Consulting Group 2

2 https://media-publications.bcg.com/BCG-Executive-Perspectives-Time-for-Climate-Action.pdf

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