The Intergovernmental Panel on Climate Change (IPCC) in their recent report issued a code red that there is more than a 50% chance that we will reach 1.5°C warming within the next two decades if emissions continue at their current rates.

This publication discusses how carbon pricing instruments can be designed to help achieve net-zero greenhouse gas (GHG) emission targets while enabling economic recovery from the coronavirus disease (COVID-19) pandemic.

This paper analyses net-zero emissions targets adopted in law, proposed in legislation, or reflected in policy documents in 51 countries and the EU to better understand their characteristics, similarities and differences.

With climate change intensifying and scientists warning that humanity is running out of time to limit global warming to 1.5°C over pre-industrial levels, 2021 has been a fraught year for the planet.

To date, governments have submitted inadequate and unambitious national climate targets that are not sufficient to meet the Paris Agreement long-term temperature goal according to the latest available science.

This report by NewClimate Institute, International Institute for Applied Systems Analysis (IIASA) and FTSE Russell tracks climate mitigation efforts in 30 countries and regions. The analysis shows that emissions trends remain far from the goals of the Paris Agreement in the period post-2020.

The latest report by the Energy Transitions Commission (ETC), Keeping 1.5°C Alive: Closing the Gap in the 2020s, sets out the key actions necessary in the 2020s to deliver the Paris agreement and limit global warming to 1.5°C.

In this briefing, the Climate Action Tracker (CAT) introduces its new rating methodology, which now rates more elements than before – mitigation targets in Nationally Determined Contributions (NDCs), policies and action, and climate finance. Also added a methodology for assessing net zero targets.

At COP26, the governments of highly emitting countries will have a critical opportunity to accelerate emissions reductions through ambitious revisions of their nationally determined contributions (NDCs).

Demand for industrial products has risen considerably in the past two decades, along with energy consumption and CO2 emissions. Process heat in industry accounts for 29% of global final energy demand, and carbon dioxide emissions that are roughly equal in size to total emissions from the transportation sector.