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 refrigeration and air conditioning (RAC) sector faces a particular challenge in the implementation of effective finance strategies given its cross-sectoral nature – extending from manufacturing of gases and appliances to energy end-use in buildings – and hence the different institutional responsibilities as well as policy and compliance regimes that …
< Greenhouse gas removal (GGR) could make the UK carbon neutral by 2050, but immediate action is required says a new joint report by the Royal Academy of Engineering and Royal Society. This is the first time a range of GGR technologies have been assessed for their real-world potential in …
This paper discusses the development of the accounting guidance under the Paris Agreement. The recommendations in this paper draw from the approaches contained in the Greenhouse Gas Protocol Mitigation Goal Standard, developed by the World Resources Institute (WRI) through a multistakeholder process, building on existing accounting guidance under the Convention …
According to some estimates food production needs to increase 60% by 2050 to meet the expected demand and assure food security for all. In order to meet this target and simultaneously achieve the carbon emission targets set in the Paris agreement it is necessary to restructure agricultural production in a …
This technical note looks at the estimates of the remaining warming that have been used in the IPCC AR5 and in recent studies, and evaluates the consequences for carbon budget estimates to limit warming to 1.5°C.
The EEA recently released a preliminary dataset on the CO2 emissions performance of new passenger cars in the EU in 2017. This dataset is used by the European Commission to monitor and evaluate whether manufacturers are in compliance with mandatory CO2 emission targets for passenger cars. The EEA data show …
Diesel engines used to power non-road equipment and vehicles, such as agricultural tractors and construction equipment, are a significant source of air pollutant emissions. Several regions around the world, led by the United States and the European Union, have implemented increasingly stringent performance-based emission standards for non-road diesel engines. These …
In Asia and the Pacific, 38 developing member countries (DMCs) of the Asian Development Bank (ADB) have committed to take mitigation actions through nationally determined contributions (NDCs) under the Paris Agreement. The Agreement aims to cap the increase in global average temperature to below 2°C. Country signatories have made NDCs …
Achieving U.S. Emissions Targets with a Carbon Tax provides insight on how incorporating emissions target mechanism into a strong national carbon tax can help ensure intended emission cuts are achieved. This mechanism establishes predictable ways of adapting the carbon pricing program over time to respond to any shortfall in emissions …
This working paper profiles seven of Australia’s largest emitting sectors, focusing on whether emissions are going up or down in each sector and the reasons for the observed trends. It also assesses what opportunities and policies each sector has to reduce emissions. This working paper also analyses the magnitude of …
The EU has set key targets for greenhouse gas (GHG) emission reductions, as well as for the share of renewable energy and the improvement of energy efficiency. The aim of the EU is to reduce GHG emissions with at least 40% by 2030, compared to 1990 emission levels. However, these …
Making sense of recent energy trends can seem like a high-stakes Rorschach test. Some experts see the boom in renewable energy and the shift away from coal in many countries as evidence that the world is beginning to turn a corner on global warming. Others see simply a continuing reliance …
EU carbon prices are set to double by 2021 and could quadruple to €55 a tonne by 2030 if the European Commission ultimately legislates to align the bloc’s current emissions targets with the Paris climate agreement, finds a new report by Carbon Tracker. Carbon Clampdown: Closing the gap to a …
Parties to the United Nations Framework Convention on Climate Change (UNFCCC) have agreed to hold the “increase in global average temperature to well below 2°C above pre‐industrial levels and to pursue efforts to limit the temperature increase to 1.5°C”. Comparison of the costs and benefits for different warming limits requires …
Mitigation of greenhouse gases in the land sector is complex and has a unique set of challenges. The most significant challenges arise from the geographically diffuse nature of the emissions sources (compared to, for example, point-based energy sources of emissions), the vast array of potential management responses, the ongoing effects …
Renewable energy needs to be scaled up at least six times faster for the world to meet the decarbonisation and climate mitigation goals set out in the Paris Agreement, says Global Energy Transformation: A Roadmap to 2050. The historic 2015 climate accord seeks, at minimum, to limit average global temperature …
The increasing awareness of the many damaging aspects of climate change has prompted research into ways of reducing and reversing the anthropogenic increase in carbon concentrations in the atmosphere. Most emission scenarios stabilizing climate at low levels, such as the 1.5 °C target as outlined by the Paris Agreement, require …
As people around the world switch off their lights for “Earth Hour” this weekend, a new analysis shows the world could make huge reductions in global warming by simply adopting the highest existing energy related standards for lighting and appliances. This can be achieved at net zero costs for consumers …
Societal risks increase as Earth warms, and increase further for emissions trajectories accepting relatively high levels of near-term emissions while assuming future negative emissions will compensate, even if they lead to identical warming as trajectories with reduced near-term emissions. Accelerating carbon dioxide (CO2) emissions reductions, including as a substitute for …
Develop the concept of aggregate emission targets, which are goals for national emissions but do not dictate the forms of regulation used to achieve the goals. Compare aggregate emission intensity, quantity, and price targets adopted at the national level but implemented cost effectively at the rm level. Obtain simple ranking …