Climate Change Policy - International Flashcards
What are the 5 takeaways from Cop27?
Keep within 1.5C
Establishing a dedicated fund for loss & damage
Holding institutions accountable
Mobilising financial support for developing countries
Pivot towards implementation
What is the focus for Cop28?
Fast tracking a global transition to clean energy (decarbonise)
Helping most vulnerable communities
Creating a comprehensive transformation of climate finance that helps vulnerable communities after disasters
Inclusive conversations and solutions highlighting youth and indigenous voice
What are we projected to hit in C with current policies & action by 2100?
2.7C
What are we projected to hit in C with 2030 targets only by 2100?
2.4C
What are we projected to hit in C with pledges AND targets?
2.0C
What are we projected to hit in C with the optimistic scenario?
1.8C
What does CAT stand for?
Climate Action Tracker
How much did international climate finance increase by 2020?
4 %
No developed country we track has a better rating than insufficient.
How much did signatories to the Global Methane Pledge agree to reduce methane emissions by?
How much methane emissions is covered?
30 % from 2020 to 2030
56 % covered by pledge
USA: On April 2021, what target was announced?
Achieve 50-52 % reduction in GHG from 2005 levels
To create a carbon pollution-free power sector by 2035
Provided $2B to Green Climate Fund
Introduced the ‘Inflation reduction Act’
EU: What is the ‘Fit for 55’?’
Under the European Climate Law, the EU committed to reduces its net GHG by at least 55% by 2030.
EU: What are some of the pledges and targets the EU has?
2030 Targets: 40 % GHG emission reduction (40 % share for RE and 32.5% for energy efficiency)
2050 Roadmap Tool
Net-Zero 2050 initative
European Gren Deal: action plan to accelerate transition to NZE by 2050, and reduce 55 % of GHG compared to 1990
2030 Climate and Energy Framework
China:
How much does China emit of global emissions?
30 %
13.7 Gt as of 2021
China: What are some of the pledges and targets China has?
Carbon neutral by 2060
Emission peak by 2030
Reduce emissions per unit GDP 65 % from 2005 level by 2030
5-year plan: 50 % increase in renewable generation (33 % RE with 50 % incremental consumption to come from RE)
Annual reduction of 2.6 gigatons carbon emissions
Australia: what is enshrined into law and what are its targets?
Australia’s Climate Change Bill
43 % cut below 2005 levels by 2030
Reduction to NZ by 2050
Australia: Does Australia have a climate change authority?
Yes. They provide annual advice on progress to targets and advice on new target to 2035
What doesn’t the Australia’s climate change bill do?
Not include a mechanism or funding to cut emissions from electricity, industry, transport, agriculture
Fight over stopping new fossil fuels will continue independently of the bill
What has each Australian state set as an interim emission reduction target by 2030:
NSW: 50%
Victoria: 50%
QLD: 30%
SA: 50%
WA: 80% below 2020 levels
ACT: 65-75%
TAS: Achieved net zero already in 2015
What are Australia’s key emission strategies?
Rewiring the Nation: invest $20B to electricity network
National Electric Vehicle Strategy: increase in EVs, establish ‘$500M driving the nation fund
The National Reconstruction Fund: build industrial base. up to $3B from the $15B of the fund directed to clean energy investment
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