Sep 07, 2015 - 10:00am
In the lead-up to the Paris climate talks in November, countries continue to advance their domestic climate and clean energy efforts and developing their post-2020 emission reduction targets. Click below to download the full text of The Climate Institute's September update on the most recent developments on new targets and other policies.
Fifty six countries, including Australia, have submitted their initial emissions reductions targets to the United Nations as of 1 September, covering almost 60 per cent of global emissions. Australia was the last of the developed economies to name its initial target, announcing a 26 per cent, and possibly 28 per cent, reduction on 2005 levels by 2030.
This target fails tests of both scientific credibility and economic responsibility. It does not align with the globally agreed goal of limiting warming to less than 2°C. If other countries took the same approach the world would warm by 3-4°C. The target is also bad for the economy and will leave Australia with the most pollution-intensive developed economy by 2030.
This update provides a comparison of countries’ initial targets and a full list of global policy updates that were announced in August.
Aside from outlining the most recent global developments, this monthly update includes a focus on the policies a number of countries are using to modernise their power sectors.
Through to the Paris climate talks at the end of 2015, The Climate Institute will also regularly update our Global Climate Action Map, an interactive tool that allows users to compare policies across countries.