Climate target updates slow as science ramps up need for action

Climate target updates slow as science ramps up need for action

By climateactiontracker.org

Code red: The new IPCC report on climate science has reinforced the absolute urgency of closing the 2030 emissions gap if there is to be any chance of limiting warming to 1.5°C. While people are suffering from ever more severe and frequent impacts of climate change around the globe, and the IPCC has yet again clearly demonstrated the feasibility and urgency of climate change mitigation, action to reduce greenhouse gas emissions continues to lag behind what is
needed – in practically all countries and sectors. International climate finance to support action in developing countries is falling short. Even countries with strong targets are mostly not on track to meet them, while more have failed to bring forward stronger commitments for 2030.

Gap narrowed only slowly: NDC updates submitted so far in 2020–2021 have narrowed the gap to what is needed for 1.5°C only by up to around 4 GtCO2 e, or up to 15%. Of particular concern are governments – Australia, Brazil, Indonesia Mexico, New Zealand, Russia, Singapore, Switzerland and Viet Nam – that have failed to lift ambition at all – they have submitted the same or even less ambitious 2030 targets than they had put forward in 2015. These countries need to rethink their choice. There are still over 70 countries that have yet to submit an updated target.

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