Key Findings

Governments, in aggregate, still plan to produce more than double the amount of fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C. The persistence of the global production gap puts a well-managed and equitable energy transition at risk.

Taken together, government plans and projections would lead to an increase in global coal production until 2030, and in global oil and gas production until at least 2050. This conflicts with government commitments under the Paris Agreement, and clashes with expectations that global demand for coal, oil, and gas will peak within this decade even without new policies.

Major producer countries have pledged to achieve net-zero emissions and launched initiatives to reduce emissions from fossil fuel production, but none have committed to reduce coal, oil, and gas production in line with limiting warming to 1.5°C.

Governments should be more transparent in their plans, projections, and support for fossil fuel production and how they align with national and international climate goals.

There is a strong need for governments to adopt near- and long-term reduction targets in fossil fuel production and use to complement other climate mitigation targets and to reduce the risks of stranded assets.

Given risks and uncertainties of carbon capture and storage and carbon dioxide removal, countries should aim for a near total phase-out of coal production and use by 2040 and a combined reduction in oil and gas production and use by three-quarters by 2050 from 2020 levels, at a minimum. The potential failure of these measures to develop at scale calls for an even more rapid global phase-out of all fossil fuels.

An equitable transition away from fossil fuel production must recognise countries’ differentiated responsibilities and capabilities. Governments with greater transition capacity should aim for more ambitious reductions and help finance the transition processes in countries with limited capacities.

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Decarbonisation targets and 1.5℃ pathways

Publications

1.5°C-aligned 2030 and 2035 GHG emissions targets

We have produced factsheets for Australia, China, the EU, India, and USA showing 2030 and 2035 greenhouse gas emission reduction milestones for each jurisdiction to align with the Paris Agreement’s 1.5°C goal – both including and excluding land use, land-use change and forestry.

Climate Action Tracker: 2024 warming projection update

Despite an escalating climate crisis marked by unprecedented wildfires, storms, floods, and droughts, the Climate Action Tracker annual global temperature update shows global warming projections for 2100 are flatlining, with no improvement since 2021. The aggregate effect of current policies set the world on a path toward 2.7°C of warming.

Decarbonising light-duty vehicle road transport

The Climate Action Tracker provides updated 1.5ºC compatible benchmarks for the transport sector for the world as a whole and for seven individual countries; the US, EU, China, India, Brazil, South Africa and Indonesia.

Emissions Gap Report 2024: No more hot air … please!

The 2024 edition of UNEP’s Emissions Gap Report shows how much higher nations must aim. To get on a least-cost pathway for 1.5°C, emissions must fall 42 per cent by 2030, compared to 2019 levels. G20 nations, particularly the largest-emitting members, would need to do the heavy lifting.

The role of northern forests in limiting warming to 1.5°C

Northern forests are critical in the race to net zero CO₂ by mid-century. Protecting and restoring these forests, alongside steep and rapid reductions in fossil fuel emissions, is essential both to mitigating emissions and to supporting forest ecosystem services and biodiversity.

Methodology underpinning the State of Climate Action series: 2024 update

This technical note describes the State of Climate Action series’ methodology for identifying sectors that must transform, translating these transformations into global mitigation targets primarily for 2030, 2035 and 2050 and selecting indicators with datasets to monitor annual change. It also outlines the report’s approach for assessing progress made toward near-term targets and comparing trends over time.

LNG shipbuilding industry heading to huge oversupply

The LNG shipbuilding industry appears to be doubling down on building new carriers, ignoring the global shift to a low carbon economy and putting itself into an even worse oversupply situation than a year ago, we find in our updated report.

Setting 1.5°C compatible wind and solar targets

Based on global energy system modelling sense-checked against key national studies, this report presents new analysis on what a 1.5°C-aligned rollout of wind and solar could look like for key countries. It aims to inform target setting for 2030, 2035 and beyond in third generation NDCs.

Technical guide for the development of long-term low emission development strategies in Africa

This technical guide proposes concrete steps and actions to help African countries develop strong, high-performing Long-Term Low Emission and Climate Resilient Development Strategies that chart a low-emission development path, build resilience, encourage innovation, and create new opportunities for green growth.

Evaluating the near and long-term role of carbon dioxide removal in meeting global climate objectives

For 1.5°C pathways with limited overshoot, most of the mitigation between now and 2030 should come from emissions reductions (70%), with reductions from cutting non-CO2 emissions (20%) and land-based carbon dioxide removals such as afforestation and preventing deforestation (10%) making up the remainder.

What good looks like: G7 climate policy 2024 update

This brief outlines seven key policy recommendations for this June’s G7 summit that, if adopted, would demonstrate the ambition and leadership needed to keep the Paris Agreement’s 1.5°C limit in sight.

Tripling renewables by 2030: interpreting the global goal at the regional level

At COP28, governments agreed to triple global renewable capacity by 2030. This report breaks down what a 1.5ºC-aligned renewables rollout would look like at the regional level and calculate the associated investment needs.

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Decarbonisation targets and 1.5℃ pathways

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Production Gap Report 2023