Apr 02, 2015 - 1:00pm
In the lead-up to the Paris climate talks in November, countries are advancing their domestic climate and clean energy efforts and developing their post-2020 emission reduction targets. This is The Climate Institute's April update on most recent developments on new targets and other policies. Click here for the full document.
A key recent development was the formalisation of the initial post-2020 emission reduction offer from the United States, the world's biggest economy.
Others ramped up their domestic climate action, with China’s clamp down on coal use among the key headlines. On the bank of domestic policies, global investment in renewable energy has been growing, with Bloomberg New Energy Finance reporting a 17 per cent increase in investment to $270 billion in 2014.
Australia has not yet put forward its post-2020 target; it’s expected to mid-year, but the government began its consultation process in March to define what Australia’s post-2020 target should be.
Through the Paris climate talks at the end of 2015, the Institute will also regularly update its Global Climate Action Map, an interactive tool that allows users to compare policies across countries.
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