Thread by @climateactiontr

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

#Finance is key to unlocking mitigation potential, and while the #COP26 finance efforts welcome, little has changed in the Finance ratings we assessed in September. /4

Update NDCs in line w sectoral initiatives: Govts who've made sectoral pledges need to take action to meet them. Those who didn't sign shld do so, eg China 🇨🇳 India 🇮🇳 Russia 🇷🇺 on methane; Germany 🇩🇪 Japan 🇯🇵  US 🇺🇸 on transport; Australia🇦🇺 China🇨🇳 India 🇮🇳 US 🇺🇸 on #coal /5

The new #Article6 rules cld provide an escape hatch from domestic #decarbonisaton. The rules allow material carryover of Kyoto-era units and set a poor precedent for driving ambitious new action. Will govts do the right thing?  blog bit.ly/CAT_postCOP26