South Korea has announced it aims to slash greenhouse gas emissions 37% from business as usual by 2030, a tightening of previously discussed targets. These were all rated as inadequate by the Climate Action Tracker, which said they were equal to 98–146% above 1990 levels, not counting land-use change.  
China, the world’s biggest greenhouse gas polluter, pledged on Tuesday to wean its economy away from reliance on fossil fuels as it grows, and to try to bring the rise in its carbon emissions to an earlier end. The proposals “may reflect a desire by the Chinese government to have a ‘safe’ international goal,” said Bill Hare, a senior scientist with Climate Analytics.  
On 11 June 2015 South Korea announced four options for its Intended Nationally Determined Contribution (INDC), ranging from 14.7% to 31.3% below business-as-usual (BAU) by 2030. This is equivalent to 98–146% above 1990 emissions levels excluding land-use, land-use change and forestry (LULUCF). The Climate Action Tracker, has labelled all four of the South Korean Government’s options for climate action as “inadequate.”  
Climate Analytics is ranked 36th out of 100 climate and environmental think tanks. The Think Tank Map, a project of the International Center for Climate Governance, ranks organisations on the basis of a series of indicators such as scientific output, verified through the number and quality of articles it has published in peer-reviewed journals, proceedings and books and participation in the 5th Assessment Report of the Intergovernmental Panel on Climate Change.  


Climate Action Tracker’s analysis looking at the combined INDCs of all G7 governments and the EU, who are responsible, in aggregate, for around 30% of global greenhouse gas emissions and 40% of global GDP, ahead of the 2015 G7 meeting in Germany. The combined climate plans for the G7 and EU have made a small step towards the right track to hold warming to 2°C, but there is still a substantial emissions gap.  
With the signature by the Government of Japan to its contribution agreement with the Green Climate Fund (GCF) now almost 60 per cent of the pledges made to the Fund at its first pledging conference in November 2014 are secured through legally binding contribution agreements. Crossing the threshold of 50 per cent of the pledges covered by these agreements gives the GCF Board the authority to start allocating funding to concrete project and programme proposals. This is a major milestone in the evolution of the Fund and successfully completes a four-year design phase that has shaped the operational policies and procedures of the GCF.