Updated Climate commitments ahead of COP26 summit

Renewable industry forecast for 2021

New and updated climate commitments fall far short of what is needed to meet the goals of the Paris Agreement, leaving the world on track for a global temperature rise of at least 2.7°C this century, according to the UN Environment Programme’s (UNEP) latest Emissions Gap Report 2021: The Heat Is On.

Download the full report here.

The report, in its 12th year, finds that countries’ updated Nationally Determined Contributions (NDCs) – and other commitments made for 2030 but not yet submitted in an updated NDC – only take an additional 7.5 percent off predicted annual greenhouse gas emissions in 2030, compared to the previous round of commitments. Reductions of 30 percent are needed to stay on the least-cost pathway for 2°C and 55 percent for 1.5°C.

Released ahead of the UN Climate Change Conference (COP26), the latest round of climate talks taking place in Glasgow, the report finds that net-zero pledges could make a big difference. If implemented, these pledges could bring the predicted global temperature rise to 2.2°C, providing hope that further action could still head off the most-catastrophic impacts of climate change. However, net-zero pledges are still vague, incomplete in many cases, and inconsistent with most 2030 NDCs.

“To stand a chance of limiting global warming to 1.5°C, we have eight years to almost halve greenhouse gas emissions: eight years to make the plans, put in place the policies, implement them and ultimately deliver the cuts. The clock is ticking loudly,” Inger Andersen, Executive Director of UNEP, said in a statement.

As of 30 September 2021, 120 countries, representing just over half of global greenhouse gas emissions, had communicated new or updated NDCs. In addition, three G20 members have announced other new mitigation pledges for 2030.

To have any chance of limiting global warming to 1.5°C, the world has eight years to take an additional 28 gigatonnes of CO2 equivalent (GtCO2e) off annual emissions, over and above what is promised in the updated NDCs and other 2030 commitments.

When all other greenhouse gases are taken into account, annual emissions are close to 60 GtCO2e. So, to have a chance of reaching the 1.5°C target, we need to almost halve greenhouse gas emissions. For the 2°C target, the additional need is lower: a drop in annual emissions of 13 GtCO2e by 2030.