Assessment of the G20 members' long-term strategies
Summary
The assessment of 17 G20 long-term strategies reveals that while most members have set net zero targets—predominantly for 2050—there is a significant lack of quantitative detail regarding climate finance and specific renewable energy targets. Most strategies prioritise decarbonisation in power, buildings, agriculture, industry, and transport, with hydrogen viewed as a key opportunity. France is the only member committing to phase out fossil gas and oil exploration on its own territory, and the UK is the only one including international aviation and shipping in its net zero target. To reach net zero, G20 countries aim to reduce 2019 emissions by an average of 72-81% by 2050, relying on carbon dioxide removal (CDR) for residual emissions.
Key insights
- Most G20 members have established net zero targets, with 12 targeting 2050, Germany targeting 2045, China and Indonesia targeting 2060, and India targeting 2070. The UK is unique among G20 members for including international aviation and shipping emissions in its target.
- There is a notable gap in climate finance details within the long-term strategies; only six of the 17 analysed include quantitative estimates, and only five mention intentions or existing commitments to provide international climate finance.
- While most G20 members plan to reduce fossil fuel dependence gradually, France is the only member to commit to phasing out fossil gas and oil exploration within its own territory. Additionally, G20 countries aim for an average emission reduction of 72-81% from 2019 levels by 2050, requiring carbon dioxide removal (CDR) to offset residual emissions.
Cite the original document
- APA
- NewClimate Institute (2023). Assessment of the G20 members' long-term strategies. http://www.newclimate.org/resources/publications/assessment-of-the-g20-members-long-term-strategies
- Chicago
- NewClimate Institute. Assessment of the G20 members' long-term strategies. 2023. http://www.newclimate.org/resources/publications/assessment-of-the-g20-members-long-term-strategies.
- Wikipedia
- {{cite report |author=NewClimate Institute |title=Assessment of the G20 members' long-term strategies |date=24 August 2023 |url=http://www.newclimate.org/resources/publications/assessment-of-the-g20-members-long-term-strategies |access-date=17 August 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{newclimateinstitute2023assessment, author = {{NewClimate Institute}}, title = {{Assessment of the G20 members' long-term strategies}}, institution = {NewClimate Institute}, year = {2023}, month = aug, url = {http://www.newclimate.org/resources/publications/assessment-of-the-g20-members-long-term-strategies}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }
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