Abstract:

The report provides a comprehensive assessment of the gap in climate action by highlighting where recent progress must accelerate over the next decade across power, buildings, industry, transport, forests and land, food and agriculture, technological carbon removal, and finance. The report translates the system wide transformations that the Intergovernmental Panel on Climate Change finds are necessary to limit warming to 1.5°C into 40 indicators of progress with 2030 and 2050 targets, such as phasing out unabated coal in electricity generation, effectively halting deforestation and much more. Of the 40 indicators assessed in the report, none are on track to reach their 2030 targets. Six are heading in the right direction at a promising but insufficient speed, while 21 are also trending in the right direction but well below the required pace. Five indicators are trending in the wrong direction entirely, while the data are insufficient to evaluate the final eight indicators.