Global Accommodation — The Road to Net Zero Emissions
The accommodation sector, responsible for approximately 10% of tourism-related emissions, faces a significant challenge to achieve net-zero emissions by 2050. This entails an annual reduction of 17Mt CO₂-eq, or 6 to 7% of current levels, which is analogous to the emissions from 2.3 million households annually. A comprehensive report highlights the urgency of this transition, especially in a market that is rebounding from the effects of the COVID-19 pandemic.
The report outlines a four-pronged strategy to achieve this goal: improving resource efficiency, promoting sustainable behaviors, transitioning to renewable energy, and offsetting remaining emissions. Practical measures include enhancing the efficiency of heating, ventilation, and air conditioning systems, adopting energy-efficient appliances, and installing double-glazing to reduce emissions significantly.
Despite these advancements, considerable emissions will remain, necessitating changes in behavior and further greening of energy sources. The report emphasizes that achieving these targets requires concerted efforts not just from within the sector but also from governments and other stakeholders to provide the necessary support, including financial incentives and regulatory frameworks.
The path to sustainability in the accommodation sector is marked by significant investment needs and overcoming substantial barriers such as financial constraints, knowledge gaps, and the urgency of action. The total estimated cost for implementing these decarbonization initiatives is projected at €243 billion.