Hello and welcome to the Intelligence on Economist Radio. I'm your host, Shashankashi

filling in for Jason Palmer. Every weekday we provide a fresh perspective on the events

shaping your world. Somalia is a by word for instability, but its neighbour Somali land

which declared independence 30 years ago today is a quiet success story. Yet Somali land

remains a diplomatic outcast, unrecognised by most of the world. And higher share prices

are normally a good thing for a stock exchange, but when Warren Buffett's Berk Shahathaway

went through the roof, it caused a bit of a panic. We look at the technological menace

of big numbers.

This is a very important issue.

The world is an climate crisis. Addressing it will require a coordinated action by governments

around the world. To avoid the worst effects of climate change, it's necessary to limit

global warming to well below 2 degrees Celsius and ideally 1.5 degrees Celsius relative

to pre-industrial temperatures. In 2015, 197 countries signed the Paris Climate Agreement

and agreed to do just that. Central to that plan is for the world to reach net zero emissions

by the middle of the century. It's a pledge that many world leaders have now signed up to.

Let's make it our collective commitment to get to net zero by 2050. To renewable energy

by 25. On our journey to net zero by 2050.

Today, the International Energy Agency, the world's energy watchdog, published a report,

it gave its verdict on what it would take to meet that 2050 target.

So the IA have laid out one of the first ever road maps to how the world might get to

net zero emissions by 2050, which is looking at the kind of policies that would have to

underpin countries climate change pledges.

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