Exactly one year ago we started the new endeavour of NewClimate Institute. And what an exciting year we had! A big thank you to everyone who supported us during our first year!
Below are a few highlights of our work:
|Criteria for 2°C compatible investments can be defined
NewClimate Institute, Germanwatch and the 2° Investing Initiative explore criteria to measure the alignment of investment and financing with the 2°C limit. Interim report and update presentation are available, final report is due in November.
|National INDC processes created significant new opportunities
For UNFCCC and UNDP we analysed the lessons learned from the national INDC preparation processes. A survey of over 100 countries predicted the wave of INDCs that actually occurred in September. A paper on the catalytic effect of the INDC process for GIZ is due in November.
|INDCs were prepared
We supported the development of INDCs in Mongolia, Uganda, Vietnam and Peru for GIZ and Expertise France.
|Countries are missing significant benefits with their INDCs
We developed a new simple methodology for assessing missed benefits of INDCs for reduced fossil fuel imports, increased jobs and reduced premature deaths from air pollution, for CAN International and GCCA.
|The world is heading for 2.7°C with current INDCs
Together with PIK, Climate Analytics and Ecofys we continued to assess INDCs with the Climate Action Tracker. We developed a new methodology to assess the ambition of the INDCs using the method we developed for the IPCC and applied it to 30 countries.
|INDCs bend the emissions curve downwards, but not enough
We supported the INDC analysis of the 2015 UNEP emissions gap report, due in November
|Global emissions could move significantly towards what’s needed for 2°C, if all countries would implement the policies that many already do
NewClimate Institute, PBL Netherlands Environmental Assessment Agency and the International Institute for Applied Systems Analysis analysed the impact of good practice climate policies on global greenhouse gas emissions.
|Most CDM projects are still reducing emissions despite very low prices
Surveying over 1,300 CDM projects, we found that many of them are still reducing emissions, but are at risk to shut down if prices remain low.
|Results based financing is a promising climate financing modality
This study clarifies the definition of results-based financing (RBF) and shows how climate finance and carbon markets could learn from each other to be more effective.
|A new global climate agreement can be formulated
We contributed to the WRI led project ACT 2015, which developed a comprehensive legal text suggestion for a new international agreement on climate change. We also provided model analysis and a briefing on zero emissions.
|Does non-state action go beyond the ambition of INDCs and national action?
For Mercator Foundation, we are assessing the impact of non-state action on Germany’s emissions (due in November). With Fraunhofer ISI and Öko-Institut we are analysing the effect of non-state actors on major emitters (due next year).
Contributed to three scientific articles on possible emission targets for Japan in climate policy, emission targets for selected countries in nature climate change and emission targets for companies in nature climate change.