This report is divided in three sections showcasing recent mitigation policy developments, climate-relevant responses to the COVID-19 pandemic and an overview of Nationally Determined Contributions (NDC) and long-term, low-emissions development strategies (hereafter referred to as long-term strategies or LTSs) submitted to the UNFCCC.

Recent analyses developed by Fraunhofer ISI and NewClimate Institute show that faster and steeper than expected cost reductions for certain key mitigation technologies over the past five years can lead to an increased technology uptake and to a higher level of climate ambition, if the initially intended investment sum is maintained.