The financial sector has a critical role to play in enabling global deep decarbonisation

To limit global warming to well under two degrees, the global economy needs to undergo system-wide changes. Finance has a critical role to play. Current inaction continues to lead to inefficient capital allocation, undermining efforts towards decarbonisation and financial stability. Read More

Global climate action from cities, regions and businesses – 2021

This report is the third and the latest edition of the series since 2018 that take stock of climate action by cities, regions and businesses and their global aggregate impact on greenhouse gas emissions. The 2021 edition focuses on the progress of non-state and subnational actors toward their emissions reduction targets. Read More

Greenhouse gas emission scenarios in nine key non-G20 countries: An assessment of progress toward 2030 climate targets

This study compares greenhouse gas (GHG) emissions projections in 2030 under current policies and those under 2030 mitigation targets for nine key non-G20 countries, that collectively account for about 5 % of global total emissions today. These include the four largest non-G20 fossil CO2 emitting Parties to the UN climate convention pre-Paris Agreement (Iran, Kazakhstan, Thailand and Ukraine) and one of the largest land-use GHG emitters in the world (Democratic Republic of the Congo). Read More

Climate Action Tracker Global update: Climate Summit Momentum

Climate action announcements at US President Biden’s Leaders Summit on Climate, together with those announced since September last year, have improved the Climate Action Tracker’s warming estimate by 0.2°C. End of century warming from these Paris Agreement pledges and targets is now estimated to be 2.4°C. Read More

Enhancing national climate ambition through city and business climate change targets: a whole-of-society approach

A new tool to evaluate integrated climate action of non-state and subnational actors The world now faces a critical juncture as countries are updating their next wave of NDC climate targets. To ensure ambitious and inclusive target setting and implementation, governments must build on existing efforts to recognize and integrate the full range of non-state… Read More