Debt for climate swaps: Caribbean outlook

We have produced factsheets for Australia, China, the EU, India, Indonesia 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.

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.

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.

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.

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.

This paper presents a decision-making framework to help livestock farmers in Eastern and Southern Africa select context-specific adaptation strategies in response to climate change. The framework uses a decision tree to evaluate options based on different climate scenarios and systems, offering tailored guidance for various livestock types and regions.

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.

With international efforts on climate action still not on track to limit warming to 1.5°C, technological fixes that aim to intentionally alter the Earth’s climate, such as solar geoengineering, might seem like appealing options for tackling global warming. But they come with questions in terms of feasibility, impacts and risks, governance and geopolitics, and who may or may not benefit.