1/ Governments are largely not making #ClimateChange action central to their COVID-19 recovery packages, despite some signs of good intentions - our new briefing for #CWNY, released today bit.ly/CAT_CWNY_2020
2/ We've analysed the post-#COVID_19#recovery packages of 5 countries: #China, #EU27, #India, #SouthKorea and the #USA. Only two lean towards using the pandemic recovery to address the global #climate crisis: the EU27, and South Korea. First, we looked at overarching packages.
3/ We assessed 106 domestic measures across the 5 countries, differentiating between overarching packages & individual interventions, and rated them. The picture is not the most encouraging.
4/ The #EU promises to dedicate 30% of NGEU fund on green, #climate-related spending: it will spend 2% of its 2019 GDP on climate. #SouthKorea, we identified 12 green measures, yet it will still spend more on the three “red” measures.
Full report bit.ly/CAT_CWNY_2020
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ANALYSIS: what impact will the #COP28 announcements make on closing the emissions gap?
Few of them will do so meaningfully.
Many either lack the ambition, clarity, coverage or accountability needed to make a difference /🧵
[from the *actual* CAT] bit.ly/CAT_COP28_init…
Of the total emissions savings that cld be achieved:
* around a quarter already in govt NDCs/overlap w Glasgow
* a quarter additional, achievable
* and about half are unlikely to be achieved unless the initiative is improved.
A highlight is the Renewable Energy & Energy Efficiency Pledge: if fully implemented, this cld close about a third of the gap between current policies and 1.5ºC in 2030 if fully implemented.
Out now! 🚨 The latest #StateOfClimateAction 2023 report shows global efforts to limit warming to 1.5°C are failing across the board, with recent progress made on every indicator — except EVs — lagging significantly behind the pace and scale necessary. bit.ly/CAT_SoCA23
The report offers the world’s most comprehensive roadmap of how to close the global gap in climate action across sectors and can inform governments’ rapid response plan to the #GlobalStocktake at #COP28.
Achieving rapid transformations across all sectors requires tremendous acceleration in #ClimateAction:
⏩Phase out coal in electricity generation 7x faster
⏩Expand coverage of rapid transit 6x faster
⏩Annual rate of deforestation needs to be reduced 4x faster
BLOG: The #EU's scramble to get off #Russian#FossilFuels highlights the perils of a fossil-based economy: fossil gas hardest to eliminate. We debunk the claim that #gas is a ‘bridge fuel’ & show global gas consumption must rapidly decline. bit.ly/CAT_PSR_Gasblog 🧵/2
Despite the clear message that gas demand shld already be in rapid decline, its use in many economies continues to increase. Since 2015, a total of 14 G20 countries have seen an upward trend in gas’s share of primary energy supply, w particularly steep rises in North America. /3
Fossil #gas production is largely concentrated in two countries - #Russia and the #US - who together produce about 40% of dry natural gas. Some countries like the US and Australia have increased their production in the last decade. /4
UPDATED COUNTRY ANALYSIS: Australia has made very little effort to increase #climate action & is refusing to increase the 2030 target it first submitted 7 years ago, in 2015. Its plans won't meet 2050 #NetZero target. We rate it "Highly Insufficient" bit.ly/CAT_AUS /2
For its policies & action, we rate Australia "Insufficient". While the govt insists it will overachieve its 2030 target, it didn't submit a stronger target to which it would be bound. Current policies result in 2030 emissions excl LULUCF 15% below 2005 bit.ly/CAT_AUS_polici… /3
#Renewables in the power sector alone are projected to reduce emissions (excl LULUCF) by 20% by 2030 from 2005 levels. But as there are no policies to reduce emissions from stationary energy or transport, fugitives are projected to INCREASE emissions by 9% above 2005 levels. /4
Now that #COP26 is over, what kind of momentum do we need in 2022 to drive real emissions reductions and bring 1.5°C back from the edge? A 🧵 - and a blog bit.ly/CAT_postCOP26
Our new rating system allows us to look at who needs to do what. First, a major overhaul of #NDCs, a number of which fall short of what's fair & needed to be in line w 1.5˚C. Some didn't increase ambition at all: here's looking at you, Australia 🇦🇺 Brazil 🇧🇷 Mexico🇲🇽 Russia 🇷🇺 /2
Targets: Some have increased ambition but need to go further - particularly Canada 🇨🇦 EU 🇪🇺 Japan 🇯🇵 Norway 🇳🇴 Switzerland 🇨🇭 and US 🇺🇸. Both China 🇨🇳 India 🇮🇳 are already set to meet their (weak) announced or submitted targets /3
CAT global update: Glasgow has a credibility gap between talk and action. If all govts met their 2030 targets, we would have 2.4˚C of warming in 2100. But right now, current policies put us at 2.7˚C. bit.ly/CAT_Global2021
A Thread 🧵
The 2030 #emissionsgap has only closed by 15-17% in the past year. Global GHG’s in 2030 will still be twice as high as what’s needed for 1.5˚C #COP26Glasgow
/3
There’s still a massive 19-23 gigatonne gap betw 2030 targets & 1.5˚C compatibility in 2030. These are the countries impacting the gap. What’s stopping action? #natgas & #coal. Still too much coal in the pipeline, and gas is still a fossil fuel /4