1、Global accommodation sector The road to net zero emissionsOctober 20213Globalaccommodation sector The road to net zero emissionsClimate change is one of the most pressing challenges of our time.As an important contributor to greenhouse gas(GHG)emissions,the accommodation sector has a vital role to p

2、lay in the effort to decarbonise.Accommodations account for 264Mt CO-eq direct and controllable emissions(so-called scope 1&2),reflecting roughly 10%of emissions throughout the tourism sector.The accommodation sector needs to curb emissions by 17Mt CO-eq per year an annual reduction rate of 6 to 7%o

3、f current levels to achieve net zero emissions by 2050.This is the equivalent of eliminating all residential emissions in roughly 2.3 million households per year.An exponential increase in effort is therefore needed to master this transformation in a market that is continuously growing._ Executive s

4、ummaryFigure 321Knowledge3Financial meansDecarbon-isation2 Urgency45Global accommodation sector _The road to net zero emissions /_Executive summaryGlobal accommodation sector _The road to net zero emissions /_Executive summaryA challenge with a double dividend The good news is that there is a wide r

5、ange of measures that significantly reduce GHG emissions and can in principle be implemented profitably.They provide accommoda-tions with a double dividend:they cut both GHG emissions and operating costs.That is not to say these emission reductions are easy to achieve.Significant upfront investments

6、 are still needed at a time when accommodations around the world are only slowly starting to recover from the catastrophic impact of the global COVID-19 pandemic.But it does provide an opportunity to heed the call for urgent action.It also provides an opportunity for closer cooperation between all s