QUEL SCÉNARIO DE RÉFÉRENCE POUR QUELLE POLITIQUE SECTORIELLE ?
Summary
The report asserts that new gas exploration, production, and LNG export terminals are incompatible with limiting global warming to 1.5°C. It highlights that existing fossil fuel infrastructure already threatens to exceed remaining carbon budgets and calls for financial institutions to immediately cease funding gas expansion across the entire value chain.
Key insights
- Science-based scenarios indicate that new gas exploration, production projects, and liquefied natural gas (LNG) export terminals hinder the goal of limiting global warming to 1.5°C, particularly those with little to no overshoot and limited reliance on negative emissions.
- According to the IPCC, future greenhouse gas emissions from existing fossil fuel infrastructure are already projected to exceed the cumulative net CO2e emissions remaining for 1.5°C pathways with zero or limited overshoot. Consequently, global oil and gas production and consumption must decrease by 30% by 2030 compared to 2022 levels, representing an average annual decline of 3%.
- The International Energy Agency's (IEA) Net-Zero Emissions by 2050 (NZE) scenario considers new gas projects in exploration-production and LNG export terminals (midstream) incompatible with the 1.5°C target. The IEA warns of LNG infrastructure overcapacity in its World Energy Outlook 2024, noting that existing infrastructure is already sufficient to meet global needs.
- Reclaim Finance recommends that financial actors stop presenting gas as a transition energy and commit to a short-term total cessation of financial services supporting gas expansion across the entire value chain, including power generation, new gas fields, and LNG export terminals.
Cite the original document
- APA
- Reclaim Finance (n.d.). QUEL SCÉNARIO DE RÉFÉRENCE POUR QUELLE POLITIQUE SECTORIELLE ? https://reclaimfinance.org/site/wp-content/uploads/2024/11/ScenariosPolitiquesSectorielles_FR.pdf
- Chicago
- Reclaim Finance. QUEL SCÉNARIO DE RÉFÉRENCE POUR QUELLE POLITIQUE SECTORIELLE ? n.d. https://reclaimfinance.org/site/wp-content/uploads/2024/11/ScenariosPolitiquesSectorielles_FR.pdf.
- Wikipedia
- {{cite report |author=Reclaim Finance |title=QUEL SCÉNARIO DE RÉFÉRENCE POUR QUELLE POLITIQUE SECTORIELLE ? |url=https://reclaimfinance.org/site/wp-content/uploads/2024/11/ScenariosPolitiquesSectorielles_FR.pdf |access-date=23 October 2026 |via=Climate Insights Directory}}
- BibTeX
- @techreport{reclaimfinancendquel, author = {{Reclaim Finance}}, title = {{QUEL SCÉNARIO DE RÉFÉRENCE POUR QUELLE POLITIQUE SECTORIELLE ?}}, institution = {Reclaim Finance}, url = {https://reclaimfinance.org/site/wp-content/uploads/2024/11/ScenariosPolitiquesSectorielles_FR.pdf}, urldate = {2026-10-23}, note = {Indexed by Climate Insights Directory} }
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