![]() ![]() Such careful planning can help secure a more just, and less costly and socially disruptive transition away from fossil fuels.Īnother important step: stopping the flow of public money to fossil fuels. ![]() Currently, only two countries – India and Nigeria – have included measures to financially disincentivise, or address public support for, fossil fuel production.įor the longer term, parties can also map out Paris-consistent extraction pathways in long-term low emission development strategies. In their updated pledges, countries can and should include commitments to transition away from fossil fuel production. Doing so is critical to ensure that these plans become aligned with Paris goals.Ī vital opportunity is the upcoming 2020 update to countries’ national climate pledges (known as NDCs, or nationally determined contributions). But countries are still free to voluntarily report this information to the UN climate process. Unlike on the emissions side, there is currently no requirement for countries to share information about their current or planned fossil fuel extraction levels. The first step is for countries to build transparency around fossil fuel plans and extraction. ![]() Now UN talks erode safeguardsĪlthough fossil fuels have been largely absent from the UN climate talks’ agenda to date, the Paris Agreement offers many inroads to bring fossil fuels into the conversation, and ensure governments take action to address the production gap. Ĭarbon offsets have patchy human rights record. The solutions are ready and available what’s missing is the international cooperation that will not just meet the scale of the problem, but also ensure more ambitious and equitable outcomes. It’s time for this type of action to go global. This year’s Cop host, Spain, is a great example of a country that is closing its coal industry, while helping to ensure a just transition for affected workers and communities. Countries such as Costa Rica and New Zealand have already taken proactive steps to wind down extraction of oil and gas. But as highlighted in side events in Madrid over the past days, policy solutions are gaining traction. So far, climate policy has paid limited attention to fossil fuel production. This alarming discrepancy suggests countries need to do more to bring their fossil fuel extraction planning in line with climate goals. In our recent Production Gap Report, the Stockholm Environment Institute, four other leading research institutions, and Unep show that countries are planning to produce more than double the fossil fuels than can be used if we are to keep global heating below 1.5C.īulletins from Cop25, every morning, straight to your inbox? Sign up here The UN Environment Programme (Unep) recently warned emissions will need to be cut by 7.6% a year for the next decade to meet the 1.5C Paris target.īut it’s not just countries’ emissions reductions plans that are dangerously out of step with Paris goals. As ministers gather for a high-level discussion on ambition at the climate talks in Madrid today, the stakes are high. ![]()
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