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In 2023, the world's top six electricity emitters showed diverging trends: China, India, and Russia saw emissions increases driven by demand and coal reliance, while the US, EU, and Japan recorded declines. China led global renewable growth but remains the largest emitter. The EU achieved its largest absolute emissions reduction since 2000, and the US continued its long-term decline in coal. However, most of these regions still need to accelerate clean energy deployment to align with IEA Net Zero targets.

The NewClimate Institute report argues that current financial investments in the gas value chain underestimate climate risks and are incompatible with the 1.5°C temperature goal of the Paris Agreement. It calls for tighter lending restrictions on gas, asserting that gas should not be viewed as a bridge or transition fuel due to lifecycle assessments and the falling cost of renewable alternatives.

This executive summary highlights a significant gap between projected fossil fuel production for 2030 and the levels required to meet the Paris Agreement goals, warning that current expansion risks locking in infrastructure that makes emission reductions more costly.

This briefing from the Stockholm Environment Institute discusses the 'production gap,' where planned fossil fuel production exceeds the levels consistent with the Paris Agreement's temperature goals, potentially undermining global emission reduction efforts.

This document is a country study and data sheet providing a baseline of publicly available information on fossil fuel production subsidies in Canada for the years 2013 and 2014.

This document is a background paper and data compilation produced by IISD, OCI, and ODI regarding fossil fuel production subsidies in India for the years 2013 and 2014.