Implications of the 1.5°C limit in the Paris Agreement for climate policy and decarbonisation
This report, commissioned by the Climate Institute in Australia, examines the impacts on Australia of limiting global temperature rise to 1.5°C and 2°C, and to provide estimates of the global carbon budgets associated with achieving these temperature limits.
This report provides an overview of three important issues arising from the Paris agreement:
- Benefits of the 1.5°C limit in the Paris Agreement in terms of avoided global and national climate impacts and risks;
- The global emission pathways needed to meet the Paris agreement’s long-term temperature goal, including the required timing of peak global emissions and of zero global emissions;
- The remaining carbon budget consistent with the 1.5°C limit in the Paris Agreement.