Implications of the 1.5°C limit in the Paris Agreement for climate policy and decarbonisation
Authors
Bill Hare, Niklas Roming, Michiel Schaeffer, Carl-Friedrich Schleussner
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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.