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Meeting climate goals will require stronger policies to cut emissions
October 20, 2015
Meeting climate goals will require stronger policies to cut emissions
20/10/2015 - Advanced and emerging economies have made progress in addressing climate change, yet most are on a trajectory that would see them fall short of their mitigation goals. Governments need to significantly accelerate their efforts and strengthen their climate change policies, according to a new OECD analysis of climate change mitigation in 44 countries and the EU.
Climate Change Mitigation: Policies and Progress examines the 34 OECD members plus Brazil, China, Colombia, Costa Rica, India, Indonesia, Latvia, Lithuania, Russia and South Africa, and the EU bloc, which together account for more than 80% of global greenhouse gas (GHG) emissions.
The report finds that a growing number of these countries have established carbon-pricing instruments, cut fossil fuel subsidies, invested in R&D for green technologies, protected forests and reduced emissions from factories, farms and landfill sites. Nearly all have decreased GHG emissions per unit of GDP.
Yet policies to combat climate change are still not working fast enough, underscoring the need to move from pledges to action.
Read more at OECD.
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