Thread by @climateactiontr

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
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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

While our “optimistic” scenario #netzero reaches 1.8˚C, peaking 1.9 (similar to @IEA), there’s still a 1˚C gap between talk and action. The net zero announcements from > 140 countries (90% of global emissions) need much closer examination. /5

Of the 40 countries we analyse, we rate only four #NetZero targets “acceptable” - 6% of global emissions. Four “average”, four “poor”. The rest have so little info we couldn’t analyse them, rated “Information incomplete” These are the worst /6

We have analysed the updated 2030 targets. Some have increased ambition, but some only a little. Many of our 40 countries haven’t increased ambition at all. /7

Fact: w/out stronger 2030 targets, we won’t get to #netzero.

If #COP26Glasgow wants to close its credibility gap, govts must bring stronger targets to #COP27 & close finance gap, essential for developing countries to decarbonise.

Five years is too late for 1.5˚C

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8. Finally, #natgas, #coal & sector initiatives must go beyond existing commitments to have any climate impact, otherwise just window dressing. Some of #methane announcements were already baked in (eg US). We hope to bring you more on these pledges and their impacts tomorrow.