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The COVID-19 pandemic continues to exact a tragic toll on lives and livelihoods and will greatly impact global energy use in the near term. Energy demand will fall 8% this year, and with a slow recovery, our whole energy demand forecast is rebased downwards by 8% relative to our previous forecast through to 2050.

While national emission trends are a useful tool for measuring government progress towards meeting the Paris Agreement 1.5˚C temperature limit at a global level, each government will have to address its own sectors, each with their own, different baseline. What should government sectoral benchmarks be? Will they meet the global carbon budget?

The Paris Agreement Compatible (PAC) scenario illustrates a pathway for the transition of the EU’s energy system that is in line with EU leaders’ commitment to the Paris Agreement.

Aiming to strengthen the global response to the threat of climate change, Parties adopted the Paris Agreement in 2015, and through it established an enhanced transparency framework (ETF). Countries are now actively engaged in establishing the necessary arrangements to implement the ETF.

Korea needs to phase-out unabated gas by 2050 in a Paris-aligned scenario or potentially risk $60 billion in stranded assets. As much as 13.7 GW of coal capacity may be retired between now and 2034 and risks being replaced with gas power.

This new report by IRENA shows the path to create a sustainable future energy system. It highlights climate-safe investment options until 2050, the policy framework needed for the transition and the challenges faced by different regions.

In 2019, the Conference of the Parties serving as the Meeting of the Parties to the Paris Agreement (CMA) requested the Adaptation Committee (AC) “to consider approaches to reviewing the overall progress made in achieving the global goal on adaptation and to reflect the outcome of this consideration in its 2021 annual report.” This technical pap

The Climate Technology Centre and Network (CTCN), the implementation arm of the UNFCCC’s Technology Mechanism, has been matching the technology needs of developing countries with world-class solutions since 2013.

New research by the Transition Pathway Initiative finds that 29% of the largest publicly-listed industrial companies are set to align their emissions with the Paris Pledges by 2030, up from 24% in mid-2018.These companies are aligned with the emission reduction pledges made by national governments in the Paris Agreement.

Article 6 of the Paris Agreement provides the framework for a new generation of carbon markets in a context where all countries are supposed to formulate and implement ambitious Nationally Determined Contributions (NDC) towards a temperature target and ratchet their contribution on a regular basis.

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