ECO would like to draw Parties’ attention to new analysis out today: even though only two-thirds of the world’s emissions are covered by currently submitted INDCs, there is a substantial gap in mitigation ambition as we speed toward Paris. Submissions for 2025 put us on a dangerous track to warming of well over 1.5°C, and the 2030 goals are simply not good enough. And the 2030 commitments submitted thus far would make 2°C «essentially infeasible», and 1.5°C «beyond reach».
Then there’s the pesky problem of actually meeting the commitments put forward so far, let alone any new ones. Only the EU and China have realistic pathways to meet their 2025 targets. Everyone else needs to step up their game to ensure stabilisation of the climate.
It’s time for countries to take a hard look at global goals and play their part. ECO has three prescriptions: increased ambition for 2025 targets, 5-year cycles to ensure an opportunity for course correction, and strong encouragement to increase ambition back home to pass policies in line with stated commitments.
