Climate Change Policy - International

Question 1

What are the 5 takeaways from Cop27?

Answer 1

Keep within 1.5C
Establishing a dedicated fund for loss & damage
Holding institutions accountable
Mobilising financial support for developing countries
Pivot towards implementation

Question 2

What is the focus for Cop28?

Answer 2

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

Question 3

What are we projected to hit in C with current policies & action by 2100?

Answer 3

2.7C

Question 4

What are we projected to hit in C with 2030 targets only by 2100?

Answer 4

2.4C

Question 5

What are we projected to hit in C with pledges AND targets?

Answer 5

2.0C

Question 6

What are we projected to hit in C with the optimistic scenario?

Answer 6

1.8C

Question 7

What does CAT stand for?

Answer 7

Climate Action Tracker

Question 8

How much did international climate finance increase by 2020?

Answer 8

4 %
No developed country we track has a better rating than insufficient.

Question 9

How much did signatories to the Global Methane Pledge agree to reduce methane emissions by?
How much methane emissions is covered?

Answer 9

30 % from 2020 to 2030
56 % covered by pledge

Question 10

USA: On April 2021, what target was announced?

Answer 10

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’

Question 11

EU: What is the ‘Fit for 55’?’

Answer 11

Under the European Climate Law, the EU committed to reduces its net GHG by at least 55% by 2030.

Question 12

EU: What are some of the pledges and targets the EU has?

Answer 12

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

Question 14

China:
How much does China emit of global emissions?

Answer 14

30 %
13.7 Gt as of 2021

Question 14

China: What are some of the pledges and targets China has?

Answer 14

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

Question 14

Australia: what is enshrined into law and what are its targets?

Answer 14

Australia’s Climate Change Bill

43 % cut below 2005 levels by 2030
Reduction to NZ by 2050

Question 14

Australia: Does Australia have a climate change authority?

Answer 14

Yes. They provide annual advice on progress to targets and advice on new target to 2035

Question 15

What doesn’t the Australia’s climate change bill do?

Answer 15

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

Question 16

What has each Australian state set as an interim emission reduction target by 2030:

Answer 16

NSW: 50%
Victoria: 50%
QLD: 30%
SA: 50%
WA: 80% below 2020 levels
ACT: 65-75%
TAS: Achieved net zero already in 2015

Question 17

What are Australia’s key emission strategies?

Answer 17

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

Question 18

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