Press releases

The annual UNFCCC "In-session Workshop on Long-term Finance" was held on 4-5 June 2015, during the Bonn Climate Change Conference, and focused on adaptation finance. Climate Analytics' Laetitia De Marez facilitated a break-out group on collaborative arrangements for managing climate risks.

Ahead of the upcoming G7 meeting in Germany, the Climate Action Tracker analyses the combined INDCs of all G7 governments and the EU and finds that 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.

Canada’s new INDC ranks as “inadequate” under the Climate Action Tracker’s methodology. Under its INDC, Canada proposes to reduce greenhouse gas emissions by 30% below 2005 levels in 2030. This translates to a 21% reduction below 2005 emissions levels excluding forestry, or 2% below 1990 levels.

Japan could be able to meet its (as yet unofficial) 2030 emissions reduction target of 20% below 2013 levels by 2030 without having to implement any new policies, the Climate Action Tracker said today.

The Russian Federation submitted its Intended Nationally Determined Contribution (INDC) on 31 March 2015, proposing to reduce its emissions of net greenhouse gases (GHG) by 25% to 30% below the 1990 level by 2030. After accounting for forestry this is a reduction of only 6% to 11% below 1990 levels of industrial GHG emissions, and an increase of 30% to 38% compared to 2012 levels. Based on this target the Climate Action Tracker (CAT) rates Russia “inadequate”.

The Climate Action Tracker has analysed the US INDC in full, confirming there is little change from the commitments announced in late 2014.