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...

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...

The building sector accounts for around 20% of climate-changing emissions, and its energy demand is likely to double by mid-century without action, according to a Climate Action Tracker (CAT) analysis released today. While the technologies required to make new buildings zero-emissions are all available, the sector is not taking up those technologies as fast as it could and renovation rates are low. Delayed action would put pressure on other sectors to cut emissions, or require negative emissions to keep global warming within the Paris Agreement’s temperature limit. The building sector analysis...

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...

With the historic Paris Agreement in place, Nationally Determined Contributions (NDCs), together with the availability of new sources of climate finance, including the Green Climate Fund (GCF), lay the groundwork for ambitious, country-driven climate action. Achieving NDC goals will require substantial investments in support of low-carbon, climate-resilient infrastructure and most of those investments will come from the private sector. The challenge going forward will be to turn NDCs into transformational action on the ground in ways that can catalyze private sector investments. Nationally...

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...

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...

This document presents a synthesis of the main challenges and lessons learned from the preparation process of intended nationally determined contributions (INDCs) by Parties to the UNFCCC in the run up to Paris. The challenges and lessons learned from the INDC preparation process hold great relevance for the next steps regarding the implementation and further development of countries’ nationally determined contributions (NDCs), in terms of both clarity and ambition. The report is based on the research NewClimate Institute (NCI) has conducted during the INDC preparation process, including two...