Editing IPCC:AR6/WGIII/Chapter-5 (section)

=== FAQ 5.3 | Is demand reduction compatible with growth of human well-being? ===

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There is a growing realisation that mere monetary value of income growth is insufficient to measure national welfare and individual well-being. Hence, any action towards climate change mitigation is best evaluated against a set of indicators that represent a broader variety of needs to define individual well-being, macroeconomic stability, and planetary health. Many solutions that reduce primary material and fossil energy demand, and thus reduce GHG emissions, provide better services to help achieve well-being for all.

Economic growth measured by total or individual income growth is a main driver of GHG emissions. Only a few countries with low economic growth rates have reduced both territorial and consumption-based GHG emissions, typically by switching from fossil fuels to renewable energy and by reduction in energy use and switching to low/zero carbon fuels, but until now at insufficient rates and levels for stabilising global warming at 1.5°C. High deployment of low/zero carbon fuels and associated rapid reduction in demand for and use of coal, gas, and oil can further reduce the interdependence between economic growth and GHG emissions.

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