sei-pg2021-execsummary-r5-rev2-web-20b3a593ffc4a81c.pdf

The 2021 Production Gap report by the Stockholm Environment Institute finds that global government plans for fossil fuel production in 2030 are more than double what is required to limit warming to 1.5°C. Despite net-zero pledges, most major producers plan to increase or maintain production, and G20 nations have provided more new funding to fossil fuels than clean energy since the start of the COVID-19 pandemic.

• Governments' current plans for fossil fuel production in 2030 exceed the levels consistent with limiting global warming to 1.5°C by 110% and those consistent with 2°C by 45%. By 2040, these gaps increase to 190% and 89%, respectively.
• The production gap is most severe for coal, where government plans and projections for 2030 would result in approximately 240% more production than is consistent with a 1.5°C warming limit. For the same limit, oil and gas are projected to be 57% and 71% higher, respectively.
• Since January 2020, G20 countries have allocated USD 297 billion in new public financial commitments to activities involving the production and consumption of fossil fuels, which is a higher amount than what has been directed toward clean energy during the COVID-19 recovery.
• While G20 countries continue to fund fossil fuels via recovery efforts, there has been a significant decrease in new international public finance for fossil fuel production from G20 countries and multilateral development banks (MDBs) since 2017.
• Analysis of 15 major producer countries shows that most major oil and gas producers intend to increase production through 2030 or beyond, and several major coal producers plan to maintain or increase their output.
• Governments are encouraged to close the production gap by acknowledging the need to wind down production in energy plans, restricting exploration and extraction, phasing out production subsidies, and increasing transparency by including production projections in their Nationally Determined Contributions (NDCs).

APA

Stockholm Environment Institute (n.d.). sei-pg2021-execsummary-r5-rev2-web-20b3a593ffc4a81c.pdf. https://www.sei.org/wp-content/uploads/2021/10/sei-pg2021-execsummary-r5-rev2-web.pdf

Chicago

Stockholm Environment Institute. sei-pg2021-execsummary-r5-rev2-web-20b3a593ffc4a81c.pdf. n.d. https://www.sei.org/wp-content/uploads/2021/10/sei-pg2021-execsummary-r5-rev2-web.pdf.

Wikipedia

{{cite report |author=Stockholm Environment Institute |title=sei-pg2021-execsummary-r5-rev2-web-20b3a593ffc4a81c.pdf |url=https://www.sei.org/wp-content/uploads/2021/10/sei-pg2021-execsummary-r5-rev2-web.pdf |access-date=17 August 2026 |via=Climate Insights Directory}}

BibTeX

@techreport{stockholmenvironmentinstitutendseipg2021execsummaryr5rev2web20b3a593ffc4a81cpdf, author = {{Stockholm Environment Institute}}, title = {{sei-pg2021-execsummary-r5-rev2-web-20b3a593ffc4a81c.pdf}}, institution = {Stockholm Environment Institute}, url = {https://www.sei.org/wp-content/uploads/2021/10/sei-pg2021-execsummary-r5-rev2-web.pdf}, urldate = {2026-08-17}, note = {Indexed by Climate Insights Directory} }