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Developed by NewClimate Institute and Germanwatch, the index ties in with the global Climate Change Performance Index by Germanwatch, a rating of the 58 largest emitters of GHG emissions globally that has been published annually since 2006. This special edition now focuses on the 20 largest economies (G20). The methodology was also adjusted. As was the case previously, the four categories examined are: emissions (40%), energy use (20%), renewable energy (20%) and climate policy (20%). The latter is based on expert assessments by NGOs and think tanks from the respective countries. Recognizing...

The Allianz Climate and Energy Monitor ranks G20 member states on their current attractiveness as potential destinations for investments in low-carbon electricity infrastructure. It further considers their current and future investment needs in line with a trajectory compatible with the 2°C/1.5°C temperature limits of the Paris Agreement. Key findings: Renewable energy gusto in emerging markets… 2016 was a year of impressive solar PV installations in the G20. On average, G20 countries installed 50% more solar PV last year than in 2015. New installations for wind decreased by 24%, although from...

The Allianz Climate & Energy Monitor Deep Dive aims to inform investors and policy-makers on the scale of investments needed in China, India and the US to be in line with the Paris goals; and what recent developments, especially regarding the leadership change in the US, mean for investing in renewable power in the future. Key findings: Investments in China and the US need to roughly double, in India even triple, to remain within the Paris Agreement warming limit. Renewable power investments will need to rapidly grow in the coming two decades to be in line with the Paris Agreement targets...

“2020: The Climate Turning Point” - the campaign will highlight why the 2020 turning point is necessary, and importantly how it can be realistically achieved, thanks to exponentially growing climate action. The new report, a collaboration between Yale University, Carbon Tracker and Climate Action Tracker (a consortium of Ecofys, New Climate Institute and Climate Analytics), with a contribution by the Potsdam Institute for Climate Impact Research, summarises the most up to date scientific basis for urgent action to reduce carbon emissions and provides a roadmap of action to 2020. What needs to...

One of the most fundamental questions surrounding the new Paris Agreement is whether countries’ proposals to reduce GHG emissions after 2020 are equally ambitious, considering differences in circumstances between countries. We review a variety of approaches to assess the ambition of the GHG emission reduction proposals by countries. The approaches are applied illustratively to the mitigation part of the post-2020 climate proposals (nationally determined contributions, or NDCs) by China, the EU, and the US. The analysis reveals several clear trends, even though the results differ per individual...

This new report explores the potential of seven innovative climate finance options to meet the financing needs of the Adaptation Fund. It concludes that if implemented in a collective manner, these can provide a steady and predictable stream of finance for the Fund. However, the Adaptation Fund Board needs to proactively engage with relevant decision makers, following a dynamic resource mobilisation strategy. Potential engagement pathways for each option are discussed as well. The publication is authored by NewClimate Institute and Germanwatch and supported by the International Climate...

The Climate Action Tracker today spelt out ten important, short-term steps that key sectors need to take to help the world achieve the Paris Agreement’s 1.5˚C limit: All key sectors—energy generation, road transport, buildings, industry, forestry and land use, and commercial agriculture—have to begin major efforts to cut emissions by, latest, 2020. By 2025 they should have accelerated these efforts in order to reach globally aggregated zero carbon dioxide emissions by mid-century, and zero greenhouse gas emissions overall roughly in the 2060s. The CAT scientists warned that in today’s carbon...

This new report by NewClimate Institute, PBL Netherlands Environmental Assessment Agency and the International Institute for Applied Systems Analysis (IIASA) provides an overview of projected greenhouse gas emissions in 25 major emitting countries/regions up to 2030, taking into account the emission trajectories based on current policies and the implementation of intended nationally determined contributions (INDCs) and nationally determined contributions (NDCs). Key findings of the current study: The degree to which countries/regions are likely to achieve their 2030 targets under current...

The objective of this seventh UNEP Emissions Gap Report is to provide an up-to-date scientific assessment of the global progress towards the emissions reductions required to be on track to meet the long-term goal of the UNFCCC. In particular, this year the report emphasizes the implications of the Paris Agreement’s strengthened goal of holding the increase in the global average temperature to well below 2°C, and to pursue efforts to limit the temperature increase to 1.5°C above pre-industrial levels for immediate and longer-term mitigation action. The 2016 Emissions Gap Report addresses the...

In light of the ambitious targets of the Paris Agreement, large potential for emission reductions exists in the corporate sector. An increasing number of companies are making commitments to contribute to the agreement’s long-term targets. The CDP Climate Change Report 2016, in collaboration with the We Mean Business coalition, presents carbon emissions and climate change mitigation data from a global sample of 1,089 companies. The first in an annual series, the report tracks companies’ progress on reducing greenhouse gas emissions in line with the goals of the Paris Agreement against this...

In this study, we have translated the global ambition of the Paris Agreement into concrete sectoral targets applicable to the Netherlands. This has been done by comparing projected pathways of climate-relevant indicators from various authoritative literature sources to what would be needed in order to be compatible with the Paris Agreement’s long-term goals. The Netherlands faces a steep road ahead if the economy is to develop in a way that is compatible with the Paris Agreement. While promising developments have taken place in certain sectors - i.e. in transport, where the country is a...

Zero emission vehicles need to take over car market to reach 1.5°C limit: analysis Zero-emission vehicles need to reach a dominant market share by around 2035 for the world to meet the Paris Agreement’s lower warming limit of 1.5°C—and even that could be too late to avoid the need for significant negative emissions, according to new analysis by the Climate Action Tracker (CAT). This transformation of the passenger transport sector would also have to be accompanied by a decarbonisation of the power sector to ensure the electric vehicles (EV) are truly emissions free. In the first of its...

This “Brown to Green” report by Climate Transparency provides a comprehensive overview and assessment for the G20 countries, whether - and how well - they are doing on the journey to transition to a low carbon economy. The report draws on publicly available information and makes use of the assessment work of the Climate Action Tracker (CAT) (operated by NewClimate Institute, Climate Analytics, Ecofys and the Potsdam Institute for Climate Impact Research), Germanwatch’s Climate Change Performance Index (CCPI) and the Overseas Development Institute (ODI). It summarises and compares the findings...

The Paris climate agreement aims at holding global warming to well below 2 degrees Celsius and to “pursue efforts” to limit it to 1.5 degrees Celsius. To accomplish this, countries have submitted Intended Nationally Determined Contributions (INDCs) outlining their post-2020 climate action. Here we assess the effect of current INDCs on reducing aggregate greenhouse gas emissions, its implications for achieving the temperature objective of the Paris climate agreement, and potential options for overachievement. The INDCs collectively lower greenhouse gas emissions compared to where current...

The Paris Agreement is expected to have an unprecedented impact on the global economy in the 21st century. As the international community commit to reaching net zero emissions during the second half of the century, the impacts on the private sector will be far-reaching. This report looks at the linkages between the Paris Agreement and countries’ NDCs and the business implications in renewable energy markets, carbon pricing, management of climate risks, and resilience building. For this We Mean Business report in partnership with BSR, NewClimate Institute were responsible for collecting and...