This is the twelfth edition of the United Nations Environment Programme (UNEP) Emissions Gap Report. It assesses the gap between estimated future global greenhouse gas (GHG) emissions if countries implement their climate mitigation pledges and the global emission levels from least-cost pathways that are aligned with achieving the temperature goals of the Paris Agreement. This difference between “where we are likely to be and where we need to be” has become known as the ‘emissions gap’. The report also examines further areas that are highly relevant for bridging the gap: updated NDCs and Net-zero targets, as well as Green Recovery measures.
NewClimate Institute staff led and contributed to Chapter 2 on G20 countries analysis (Takeshi Kuramochi, Niklas Höhne, Leonardo Nascimento and Louise Jeffery), Chapter 3 on net zero targets (Frederic Hans and Silke Mooldijk), Chapter 4 on the global emissions gap (Niklas Höhne) and Chapter 5 on COVID-19 recovery (Frederic Hans).
Press Release (abridged version focusing on chapters with NewClimate contribution):
Updated climate commitments ahead of COP26 summit fall far short, but net-zero pledges provide hope
- Latest UNEP Emissions Gap Report finds new and updated Nationally Determined Contributions only take 7.5% off predicted 2030 emissions, while 55% is needed to meet the 1.5°C Paris goal.
- Latest climate promises for 2030 put the world on track for a temperature rise this century of at least 2.7°C.
- Net-zero commitments could shave off another 0.5°C, if these pledges were made robust and if 2030 promises were made consistent with the net-zero commitments.
Nairobi, 26 October 2021 –New and updated climate commitments fall far short of what is needed to meet the goals of the Paris Agreement, leaving the world on track for a global temperature rise of at least 2.7°C this century, according to the UN Environment Programme’s (UNEP) latest Emissions Gap Report 2021: The Heat Is On.
The report, now in its 12th year, finds that countries’ updated Nationally Determined Contributions (NDCs) – and other commitments made for 2030 but not yet submitted in an updated NDC – only take an additional 7.5 per cent off predicted annual greenhouse gas emissions in 2030, compared to the previous round of commitments. Reductions of 30 per cent are needed to stay on the least-cost pathway for 2°C and 55 per cent for 1.5°C.
Released ahead of the UN Climate Change Conference (COP26), the latest round of climate talks taking place in Glasgow, the report finds that net-zero pledges could make a big difference. If fully implemented, these pledges could bring the predicted global temperature rise to 2.2°C, providing hope that further action could still head off the most-catastrophic impacts of climate change. However, net-zero pledges are still vague, incomplete in many cases, and inconsistent with most 2030 NDCs.
“Climate change is no longer a future problem. It is a now problem,” said Inger Andersen, Executive Director of UNEP. “To stand a chance of limiting global warming to 1.5°C, we have eight years to almost halve greenhouse gas emissions: eight years to make the plans, put in place the policies, implement them and ultimately deliver the cuts. The clock is ticking loudly.”
As of 30 September 2021, 120 countries, representing just over half of global greenhouse gas emissions, had communicated new or updated NDCs. In addition, three G20 members have announced other new mitigation pledges for 2030.
To have any chance of limiting global warming to 1.5°C, the world has eight years to take an additional 28 gigatonnes of CO2 equivalent (GtCO2e) off annual emissions, over and above what is promised in the updated NDCs and other 2030 commitments. To put this number into perspective, carbon dioxide emissions alone are expected to reach 33 gigatonnes in 2021. When all other greenhouse gases are taken into account, annual emissions are close to 60 GtCO2e. So, to have a chance of reaching the 1.5°C target, we need to almost halve greenhouse gas emissions. For the 2°C target, the additional need is lower: a drop in annual emissions of 13 GtCO2e by 2030.
Zeroing in on net-zero
Net-zero pledges – and their effective execution – could make a big difference, the authors find, but current plans are vague and not reflected in NDCs. A total of 49 countries plus the EU have pledged a net-zero target. This covers over half of global domestic greenhouse gas emissions, over half of GDP and a third of the global population. Eleven targets are enshrined in law, covering 12 per cent of global emissions.
If made robust and implemented fully, net-zero targets could shave an extra 0.5°C off global warming, bringing the predicted temperature rise down to 2.2°C. However, many of the national climate plans delay action until after 2030, raising doubts over whether net-zero pledges can be
delivered. Twelve G20 members have pledged a net-zero target, but they are still highly ambiguous. Action also needs to be frontloaded to make it in line with 2030 goals.
“The world has to wake up to the imminent peril we face as a species,” Andersen added. “Nations need to put in place the policies to meet their new commitments, and start implementing them within months. They need to make their net-zero pledges more concrete, ensuring these commitments are included in NDCs, and action brought forward. They then need to get the policies in place to back this raised ambition and, again, start implementing them urgently”.
“It is also essential to deliver financial and technological support to developing nations – so that they can both adapt to the impacts of climate change already here and set out on a low-emissions growth path.”
COVID-19 recovery opportunity largely missed
Finally, the report finds that the opportunity to use COVID-19 fiscal rescue and recovery spending to stimulate the economy while backing climate action has been missed in most countries.
The COVID-19 pandemic led to a drop in global CO2 emissions of 5.4 per cent in 2020. However, CO2 and non-CO2 emissions in 2021 are expected to rise again to a level only slightly lower than the record high in 2019.
Only around 20 per cent of total recovery investments up to May 2021 are likely to reduce greenhouse gas emissions. Of this spending, almost 90 per cent is accounted for by six G20 members and one permanent guest.
COVID-19 spending has been far lower in low-income economies (USD 60 per person) than advanced economies (USD 11,800 per person). Gaps in finance are likely to exacerbate gaps in vulnerable nations on climate resilience and mitigation measures.
Chapter 2 of the UNEP Gap Report 2021 has been largely informed by the Climate Action Tracker and the 2021 update of the “Greenhouse gas mitigation scenarios for major emitting countries – Analysis of current climate policies and mitigation commitments” report.