The report finds that, despite a brief dip in carbon dioxide emissions caused by the COVID-19 pandemic, the world is still heading for a temperature rise in excess of 3°C this century – far beyond the Paris Agreement goals of limiting global warming to well below 2°C and pursuing 1.5°C.
However, a low-carbon pandemic recovery could cut 25 per cent off the greenhouse emissions expected in 2030, based on policies in place before COVID-19. Such a recovery would far outstrip savings foreseen with the implementation of unconditional Nationally Determined Contributions under the Paris Agreement, and put the world close to the 2°C pathway.
The report also analyses low-carbon recovery measures so far, summarizes the scale of new net-zero emissions pledges by nations and looks at the potential of the lifestyle, aviation and shipping sectors to bridge the gap.
