The World Meteorological Organization’s State of the Climate in Asia 2024 report warns that the region is warming nearly twice as fast as the global average, driving more extreme weather and posing serious threats to lives, ecosystems, and economies. In 2024, Asia experienced its warmest or second warmest year on …
The 2024 Corporate Climate Responsibility Monitor (CCRM) analyses the climate strategies of 51 major global companies, critically assessing the extent to which they demonstrate corporate climate leadership. The collective ambition of companies’ 2030 and net-zero climate targets has gradually improved over the last two years. However, most companies continue to …
This policy brief reviews experiences internationally and in India related to steel standards for the net zero transition, building from the IEA’s previous work in this area on definitions and emissions measurement methodologies. Areas of emerging common ground and principles for net zero-compatible standards are highlighted. The brief concludes with …
Recognizing the invaluable role of forests in the fight against climate change, countries and the international community have established a framework known as Reducing Emissions from Deforestation and Forest Degradation, and the role of conservation, sustainable forest management, and the enhancement of forest carbon stocks in developing countries (REDD+). This …
The global oil and gas industry encompasses a large and diverse range of players: from small, specialised operators to huge national oil companies. These producers face pivotal choices about their role in the global energy system amid a worsening climate crisis fuelled in large part by their core products. The …
The Climate Action Monitor is a key publication of the International Programme for Action on Climate (IPAC). It provides a synthesis of climate action and progress towards net-zero targets for 51 OECD and OECD partner countries. This year's edition presents a summary of information on greenhouse gas emissions, an assessment …
This report by NewClimate Institute, PBL Netherlands Environmental Assessment Agency and the International Institute for Applied Systems Analysis (IIASA) provides an overview of projected greenhouse gas (GHG) emissions in 25 major emitting economies up to 2030 under currently implemented policies. All Nationally Determined Contributions (NDC) updates since our last report …
This report analyses carbon abatement measures for achieving net zero in the cement industry and plots a MAC curve for existing plants across the country. The marginal abatement cost (MAC) curve plots the annualised CO2 mitigation cost (USD/tCO2 ) of a given carbon mitigation technology against the total mitigation potential …
Global warming could still be kept under 1.5°C due to rapid growth in clean energy technologies over the last decade, but the path is narrowing and stronger action needs to be taken swiftly, the International Energy Agency (IEA) has said in this report. In May 2021, the IEA published its …
This report aims to shed light on net zero portfolio targets’ internal climate prioritisation value (Do they drive financial institutions’ climate action?) and real-world impact value (What can we expect from those targets? How useful are they to achieve international climate goals? Do we need them?). Place a specific focus …
This report presents cost-effective greenhouse gas emission reduction pathways for major emitting economies to keep global warming below 1.5 °C or well below 2 °C, as projected from least-cost scenarios of integrated assessment models in the IPCC AR6 scenario database. Achievement of the global climate goal of the Paris Agreement …
A well-designed and well-integrated carbon market can reduce emissions reduction costs for the industry and help India meet its climate goals along with its economic aspirations. This report provides practical design and implementation recommendations for an effective carbon market in India, bringing together learnings from international carbon markets, India’s experience …
This paper considers the growing need for frameworks that provide confidence that governments are increasing near-term climate action to reach net-zero GHG emissions targets. National governments are already taking concrete climate action, but it is difficult to determine the extent to which current and planned future action will enable the …
This briefing describes the progress made by the EU and its Member States towards reducing emissions of the five main air pollutants regulated under the National Emission reduction Commitments Directive. It presents an assessment of Member State performance against the emission reduction commitments for 2020-2029 as well as their progress …
The oil and gas industry has some of the best and most cost-effective opportunities to reduce methane emissions. The potential to do so is clear. Some countries and companies have already demonstrated that achieving near-zero emissions from oil and gas operations is technically and economically possible. There are a growing …
A growing number of companies are pledging to cut their greenhouse gas emissions to ” net zero ” as part of global efforts to tackle climate change, but that goal is rarely supported by a credible plan, according to this report compiled by experts from four independent research organizations. Net …
Australia’s fair share of action to give the world a chance of keeping global heating to 1.5C would mean reaching net zero greenhouse gas emissions by the year 2038 – more than a decade ahead of the government’s schedule, according to new scientific analysis. To stay on track to keep …
This report presents a methodology aiming to identify the greenhouse gas emission reduction levels for 2040 and the corresponding greenhouse gas emission budgets for 2030–2050 necessary to achieve the Paris targets for maximum global temperature increases of 1.5 °C and well below 2 °C.
The theme study sets out the transformations that are needed for Asia and the Pacific to transition to a net-zero-carbon future in support of sustainable development. It provides an outline of the regional context of climate change and identifies policies and actions that could be taken in various sectors of …
The importance of steel in supporting India’s growth will increase with economic development, infrastructure build-out, and urbanization in India. The emissions from the sectors are estimated to grow by 200 percent by 2050. This requires decarbonizing the steel industry to ensure India meets its economic ambitions and climate mitigation goals. …
Arctic Council countries have a critical role in reducing air pollution as, due to their proximity to the Arctic region, improving air quality serves the double purpose to preserve the Arctic climate and improve health and welfare in the region. To substantially reduce air pollution and its negative health and …