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The report finds that while countries are making incremental progress in strengthening their NDCs, the current pace and scale of ambition are insufficient to meet the Paris Agreement goals. By September 2022, 139 new or updated NDCs had been communicated, aiming for a 2030 emissions reduction of 5.5 GtCO2e more than initial commitments, which represents a 7 percent reduction from 2019 levels—far below the 43 percent reduction required for the 1.5°C target. The analysis highlights that 77 percent of NDCs include GHG reduction targets, 86 percent include adaptation components, and 53 percent estimate finance requirements totaling nearly $4.3 trillion.

The livestock sector's growth poses a significant risk to climate goals, potentially consuming 80% of the remaining GHG budget by 2050 if current trends continue. While global meat production is rising—projected to reach 374 million tonnes by 2030—there is a growing market for Alternative Protein (AP) products, valued at USD 14 bn and expected to exceed USD 162 bn within a decade. However, the transition is hindered by substantial government subsidies, with nearly 90% of global farming subsidies (USD 540 bn annually) supporting beef, milk, and rice. The document emphasizes that while total veganism offers the highest emission reductions, flexitarian and vegetarian diets can also significantly lower emissions. It calls for government policy reforms to redirect subsidies away from industrial agriculture and for businesses to move beyond 'meaningless' net zero targets toward actual reductions in animal numbers in supply chains.

The briefing introduces an 'energy efficiency cost premium' method to isolate energy efficiency spending from total construction costs in green-certified buildings. Analyzing over 16,000 certifications from 2019-2020, it finds that incremental energy efficiency investments averaged USD 10.5 billion annually, representing only about 5% of the total cost of those buildings. The report highlights that green certifications are inconsistent indicators of energy performance, with over half of tracked assets achieving less than a 30% efficiency gain. It argues that current certifications often fail to align with 1.5°C or 2°C decarbonization pathways and recommends standardized asset-level reporting and a shift toward certifying retrofits in developed economies.

The Supreme Court of Spain rejected a motion to dismiss a lawsuit filed by environmental activists who argued that Spain's National Energy and Climate Plan failed to align with the Paris Agreement and IPCC recommendations. The court ruled that the government's inactivity persists because it has not fully complied with the Paris Agreement, allowing the challenge to the plan's ambition to proceed.

As of November 16, 2021, net zero target coverage reached 92% for emissions and 86% for population globally. However, the document highlights significant gaps in integrity, noting that a vast majority of country, regional, and city targets fail to specify the use of offsets, and only 32% of corporate targets cover all Scope 3 emissions. Conversely, there is growing corporate momentum, with the number of companies meeting 'minimum procedural standards' nearly doubling in the last year.

The Climate Action Tracker identifies a 'credibility gap' where current policies lead to 2.7°C of warming, while even the fulfillment of all 2030 targets would result in 2.4°C. Despite 90% of global emissions being covered by net zero targets, only 6% are rated as 'acceptable', and no analyzed country has sufficient short-term policies to reach its net zero goal. The report highlights the continued expansion of coal and natural gas as primary drivers of this failure.

The 'G20: Net Zero Stocktake' is the inaugural analysis by the Net Zero Tracker consortium, examining net zero commitments across various G20 entities. As of 27 October 2021, the analysis notes that including the European Union's collective target increases net zero coverage to 81% for emissions, 82% for GDP, and 61% for population.

The September 2021 Global Update by the Climate Action Tracker (CAT) finds that global climate action continues to lag behind the requirements for limiting warming to 1.5°C. While some countries have updated their NDCs, the 2030 emissions gap remains significant, estimated at 20 to 23 GtCO2e. The report introduces a new rating system that integrates targets, policies, and climate finance, revealing that only The Gambia is overall 1.5°C Paris Agreement compatible. Most net zero targets are rated as poor or incomplete, and developed countries are failing to provide sufficient international climate finance or implement policies that align with their fair share of global mitigation efforts.

The Climate Action Tracker (CAT) 2021 rating methodology employs a dual-framework approach, combining 'fair share' principles and 'modelled domestic pathways' to assess government climate action. It evaluates targets (domestic and international), implemented policies, and climate finance to determine an overall rating. The system distinguishes between developed countries, which are expected to provide finance and meet stringent domestic targets, and developing countries, which may require international support to achieve full decarbonisation. The methodology specifically excludes land use, land-use change, and forestry (LULUCF) from main ratings but flags them when they significantly impact a country's emissions profile.

The report finds that current G20 commitments put the world on a trajectory for 2.4°C of warming by 2100. While announced but non-formalised pledges could lower this to 2.1°C, only an 'enhanced ambition' scenario—where all G20 members align 2030 targets with 1.5°C pathways and commit to mid-century net zero—could limit warming to 1.7°C. The authors argue that G20 countries, accounting for 75% of global emissions, are uniquely positioned to close three-quarters of the temperature gap, provided they accelerate near-term action and developed nations ramp up financial support to developing countries.

The Canadian Climate Institute highlights the importance of Bill C-12, which legally enshrines Canada's net-zero goal for 2050 and establishes accountability structures. The author emphasizes that the federal government must now develop a detailed emissions reduction plan for 2030, including a 2026 interim target, focusing on energy efficiency and clean electricity. The document calls for collaboration between federal, provincial, and Indigenous governments, as well as the private sector, to ensure the 2030 targets are met.

The document outlines the objectives of a joint briefing by several institutes to analyze how the EU's CBAM, part of the "Fit for 55" package, affects climate-vulnerable countries, including least developed countries and small island developing states. It focuses on the differences between the European Commission and European Parliament positions, the identification of most-affected countries based on carbon-intensive sectors and export reliance, the implications for UNFCCC climate action, and the potential for CBAM revenues to support low-carbon transitions abroad.

The report finds that while the number of non-state and subnational actors setting climate targets is growing, there is limited evidence that this ambition is translating into realized impacts. Full implementation of individual targets could reduce 2030 emissions by 2.0 to 2.5 GtCO2e/year, while international cooperative initiatives' goals could lead to a reduction of 16 GtCO2e/year. However, progress is uneven, with only half of city governments and 80% of companies meeting their 2020 targets.

The Climate Action Tracker estimates global warming by 2100 at 2.4°C, a 0.2°C improvement driven by recent announcements including those from the US Leaders Summit on Climate. While 131 countries covering 73% of global emissions have adopted or are considering net zero targets, the 2030 emissions gap remains significant, and current policies lead to a projected warming of 2.9°C.

The report examines the disparity between cost-effectiveness and equity-based criteria for determining national emissions reduction targets under the Paris Agreement. It suggests that international support can bridge this gap, provided it avoids carbon lock-in and considers socio-economic contexts. The document also highlights how domestic political shifts in countries like Brazil and the United States create spill-over effects globally, and argues that the European Union can accelerate global transformation by adopting a more ambitious 2030 goal and a robust institutional setup for its 2050 climate neutrality target.

The Climate Action Tracker reports that recent Paris Agreement pledges and targets have reduced the estimated end-of-century warming to 2.4°C, down by 0.2°C. While the 2030 emissions gap for a 1.5°C pathway has narrowed by 11-14%, current policies still project a warming of 2.9°C. The most optimistic scenario, assuming full implementation of net zero targets, suggests warming could be as low as 2.0°C, though this remains above the Paris Agreement limit. The report emphasizes that stronger near-term 2030 targets are more critical for reducing warming than the addition of new net zero targets.

The paper analyzes how COVID-19 has disrupted climate finance, noting a tension between the need for economic recovery and the fulfillment of the $100 billion annual climate finance pledge. It highlights that while the pandemic created opportunities for 'green recoveries' through stimulus packages, early funding often favored carbon-intensive sectors. The authors emphasize a growing need for adaptation finance and the mobilization of private capital to support a sustainable transition in Africa.

The Nordic GSS bond market reached a cumulative volume of USD 88.2bn by the end of 2020, with green bonds accounting for 96% of this total. Sweden is the regional leader, contributing half of the green bond volume and issuing the first Nordic sovereign green bond in September 2020. The market is characterized by strong public sector participation and a high prevalence of low-carbon building projects. External review coverage is exceptionally high, with 99% of cumulative green bond volume reviewed, primarily through Second Party Opinions (SPOs).

The report finds a stark contrast between public support for climate action in Massachusetts and the actual legislative outcomes. While approximately 90% of public testimony supports environmental priorities, ambitious legislation is frequently blocked by powerful industry coalitions—most notably regulated utilities and the Associated Industries of Massachusetts (AIM). The study identifies four primary opposition coalitions: utilities, fossil and chemical companies, real estate, and power generation companies. It highlights that utilities are uniquely successful in steering policy, often opposing decentralized solar energy while supporting large-scale wind and hydro projects that benefit their business models. Furthermore, the report notes a shift in opposition rhetoric from climate denial to 'discourses of delay,' such as policy perfectionism and appeals to social justice. The authors conclude that the lack of transparency in the State House, combined with the immense spending power of corporate lobbyists, creates a hostile environment for ambitious climate policy.

The document asserts that the Paris Agreement's success is hindered by a failure to recognize that a public mandate is essential for reducing emissions and transforming personal behaviors. It highlights the neglect of Article 12 and Article 11 of the Paris Agreement, which mandate climate education and public participation. The author notes that while the UK's Committee on Climate Change now acknowledges that net zero is impossible without engaging people, central government ministries still lack a dedicated strategy or budget. The document calls for a 'step change' in public engagement leading up to COP26 in Glasgow, proposing the launch of a Climate Engagement Initiative to ensure citizens' rights to understand climate impacts are upheld.