Options for multilateral initiatives to close the global 2030 climate ambition and action gap - Policy field energy transition

Date Published 2021, January

Authors Benjamin Görlach, Ursula Fuentes Hutfilter

Institution Unweltbundesamt

Achieving the goals of the Paris Agreement requires increased global climate action, especially towards the transition of the energy sector. Based on a sound analysis of existing multilateral cooperation this paper proposes five potential initiatives to increase climate ambition of the G20 countries in the respective policy field: an initiative to coordinate efforts for a green recovery, an initiative to reduce the supply of fossil fuels, a club of national and sub-national governments that commit to a fully renewable energy supply, a dedicated institution to foster energy efficiency and energy conservation, and an alliance specifically aimed at the non-usual suspects.