As Karl Hausker noted in a Congressional testimony, the United States can not only achieve its goal of reducing emissions 26-28 percent by 2025—doing so will actually create economic and quality-of-life benefits.
The joint statement goes beyond research and development and embraces an unprecedented accord on climate targets, where both countries committed to increase their share of renewables by 20 percent by 2030.
The world’s largest emitter plans to peak its emissions around 2030 and increase its share of non-fossil fuels in energy consumption to around 20 percent by the same year. The country's new climate plan also builds on these commitments with additional announcements on carbon intensity, forests, adaptation and more.
As the world’s largest emitter, an ambitious and comprehensive climate plan from China is critical, both for reducing the country’s impact and for the greater climate action such ambition would inspire internationally.
Ethiopia’s INDC sets an excellent example for developing countries to be ambitious in their post-2020 commitment design.
BONN, GERMANY/WASHINGTON, DC (JUNE 8, 2015) — On June 7th and 8th, government leaders met at the G7 Summit in Schloss Elmau, Germany. On the topic of climate change, G7 leaders demonstrated their support for a goal to phase out greenhouse gas emissions over the course of this century and reached a set of decisions to enhance climate finance to help poor countries build resilience and adopt cleaner sources of energy.
BONN, GERMANY/WASHINGTON, DC (JUNE 5, 2015) — On June 7th and 8th, government leaders will convene at the G7 Summit in Schloss Elmau, Germany. Climate change is expected to be one the most substantial topics of discussion, including scaling up financing and establishing a long-term goal to decarbonize the world’s economy by mid-century.
This chart uses historical GHG emissions data and the targets and timetables in submitted pre-2020 pledges (for 2020 reductions) and INDCs to estimate the average annual change in emissions (decarbonization rate) from 2020-2030.
This chart presents each target against each chosen base year to help facilitate easy comparisons.
Negotiators at the Bonn intersessional should proceed with the seriousness and pace required to reach a new, international climate agreement at the Conference of Parties (COP 21) in December.