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334 documents from NewClimate Institute
The Climate Action Tracker Guide to a good 2035 climate target
The Climate Action Tracker (CAT) argues that current 2030 climate targets and policies are insufficient, projecting end-of-century warming of 2.5°C to 2.7°C. To maintain the 1.5°C goal, the document asserts that governments must enter 'emergency mode,' peaking global emissions before 2025 and halving them by 2030. It outlines four essential elements for 2035 NDCs: ambition based on sectoral benchmarks, scaled-up climate finance for developing nations, credibility through the elimination of fossil fuel subsidies and exploration, and transparency via absolute economy-wide targets that separate land-use sinks and carbon removals from domestic reductions.
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Document type: Briefing
EU climate partnerships: fit for purpose
The EU has deployed various climate partnerships, including the Global Gateway and Just Energy Transition Partnerships, to bolster its climate diplomacy and counter global influences like China's Belt and Road Initiative. However, the report finds these efforts are hindered by fragmented communication, a lack of coherent vision across EU institutions and Member States, and insufficient resource allocation. To improve effectiveness, the report recommends aligning EU and Member State priorities, developing a long-term strategic vision, and securing high-level political leadership to ensure sustained commitment and resources.
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Document type: Report
Green Hydrogen for Sustainable Development: The Role of Multilateral Development Banks
The report argues that market forces alone cannot guarantee sustainable development from green hydrogen, necessitating a proactive role for multilateral development banks (MDBs). It proposes a framework to move MDB lending beyond 'do no harm' toward prioritizing value addition for producer countries. The analysis includes a Sustainable Development Impact Matrix and evaluations of four specific financing cases: the African Development Bank in Namibia, the World Bank in India, the European Investment Bank’s Green Hydrogen Fund, and Team Europe’s H2Global Instrument.
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Document type: Report
Supporting a just transition in Mexico needs reliable finance estimates
The document argues that Mexico's power sector transition requires a shift to entirely renewables-based capacity, estimating investment needs of approximately $180 billion USD for two separate decades leading up to 2040. It highlights the complexity of calculating compensation for the early retirement of fossil gas plants, noting that needs could range from negative values to $9 billion USD depending on the methodology. Finally, it emphasizes that a socially just transition for workers and regions must be country-driven and tailored to specific local contexts through stakeholder engagement.
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Document type: Research paper
Modelling alternative transport transition pathways and investment needs in India in the Transport Transition Pathway Explorer (TTPE)
The analysis indicates that India's current transport trajectory is not aligned with a Paris-aligned just transition. While baseline and least-cost pathways fail to meet decarbonisation goals, transition pathways focusing on shifting demand to public modes, specifically electrified rail, show promise for reducing emissions and costs. Achieving net-zero targets between 2050 and 2070 would require annual public investments of approximately USD 164 billion (2020 USD) from 2023 to 2030, primarily for electrified rail and bus infrastructure. Such a transition is projected to foster economic growth, create jobs in the electric vehicle industry, and reduce reliance on crude oil imports.
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Document type: Research paper
Corporate Climate Responsibility Monitor 2024
The 2024 Corporate Climate Responsibility Monitor finds that while the ambition of 51 major global companies has improved, their 2030 targets—with a median absolute emission reduction of 30% for full value chain emissions—remain insufficient to limit warming to 1.5°C. The report highlights a reliance on 'false solutions' like CCUS and carbon removals over actual emission reductions, and criticizes the leniency of validation practices by the Science Based Targets initiative (SBTi). It argues that the current voluntary accountability system is impaired by corporate influence and must transition to formal accountability.
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Document type: Report
Financing coal phase-out: public development banks' role in the early retirement of coal-fired power plants
The report examines how public development banks can address barriers to coal phase-out through advisory services, technical assistance, and financing. It warns against risks such as moral hazard and the indirect support of natural gas capacity, recommending that banks seek firm commitments from governments to stop future fossil fuel investments. Specific guidance is provided for engaging national policymakers, utilities, and independent power producers (IPPs) to ensure transitions align with 1.5°C goals.
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Document type: Report
Caution on co-firing, retrofitting and carbon credits for retirement
The report warns that 'unabated' coal phase-down strategies—including co-firing, retrofitting with CCS, and using carbon credits—risk extending the life of fossil fuel infrastructure and providing incomplete emission reductions. It urges public development banks to avoid these 'false solutions' to ensure public funds support rapid coal retirement rather than prolonging coal usage.
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Document type: Report
Navigating the Nuances of Corporate Renewable Electricity Procurement
The report finds that many major companies rely on low-impact Renewable Energy Certificates (RECs) that do not contribute to additional renewable capacity. While some are transitioning to Power Purchase Agreements (PPAs) or 24/7 hourly matching, global initiatives like the GHG Protocol and RE100 are criticized for providing insufficient incentives for these higher-quality strategies. Additionally, supply chain renewable electricity remains a significant gap for most assessed companies.
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Document type: Executive summary
Mobile work in the future: climate protection opportunities and risks
The document introduces a study on the future of mobile work—including working from home, business trips, and co-working spaces—and investigates how these shifts affect traditional office spaces, private living spaces, settlement patterns, and consumer services to identify opportunities for climate protection policy.
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Document type: Guide
Senegal as an LNG exporter: stranded asset risks in the transition
The report argues that Senegal's strategy to fund its 2035 emerging economy goals through fossil fuel exports faces significant stranded asset risks due to declining global LNG demand and the competitiveness of renewable energy.
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Document type: Report
COP28 initiatives will only reduce emissions
The NewClimate Institute finds that most COP28 sectoral initiatives are insufficient to close the emissions gap, with approximately half of estimated savings unlikely to be achieved without further action. While the Renewable Energy and Energy Efficiency Pledge shows potential to close a third of the gap to 1.5ºC by 2030, the Oil and Gas Decarbonisation Accelerator is characterised as greenwashing because it focuses only on upstream emissions rather than a full fossil fuel phase-out.
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Document type: Briefing
Climate Action Tracker briefing: No change to warming as fossil fuel endgame
The Climate Action Tracker finds that warming projections have not improved since 2021, with current government 2030 targets leading to 2.5°C of warming. The briefing argues that 'abated' fossil fuel strategies and techno-fixes like CCS are insufficient, calling instead for a full fossil fuel phase-out and specific 'must haves' for 2035 NDCs, including tripling renewables and cutting fossil fuel production by 40% by 2030.
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Document type: Briefing
Warming Projections Global Update
The December 2023 update finds that global warming projections have stalled, with current policies leading to 2.7°C of warming by 2100. Even the most optimistic scenario, including all announced targets, results in 1.8°C, exceeding the 1.5°C Paris Agreement goal. The report highlights a growing implementation gap and warns that reliance on carbon capture and storage (CCS), e-fuels, and carbon offsets are 'false solutions' that delay necessary deep emission cuts. It urges governments to submit 1.5°C-aligned 2035 targets by February 2025 and to commit to a complete phase-out of fossil fuels.
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Document type: Report
Five major shifts since the Paris Agreement that give hope in a just Paris
The document identifies positive progress in international climate policy across awareness, governance, business, energy, and industry, arguing that these shifts—driven by new actors and strategies—show that rapid change is possible to maintain the 1.5°C target.
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Document type: Report
Emissions Scenarios for Major Economies 2023 Update
The 2023 update finds that while current policies for 25 major economies may result in 2030 emissions between -6% and +8% compared to 2019 levels, this falls short of the 43% reduction aligned with the Paris Agreement. While 13 countries are now on track to meet their NDC targets, 12 countries still face an implementation gap.
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Document type: Report
State of Climate Action 2023
The State of Climate Action 2023 finds that global efforts to limit warming to 1.5°C are failing, with 41 of 42 assessed indicators not on track for 2030 targets. While electric passenger car sales show exponential growth and are on track, other areas such as fossil fuel financing and deforestation have seen significant setbacks. The report argues that efforts in most sectors must accelerate at least twofold this decade, including a seven-fold increase in the pace of coal phase-out and an eight-fold increase in the shift toward sustainable diets in high-consuming regions.
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Document type: Report
Sequencing climate change mitigation targets and policies
The analysis of 25 countries reveals a gap between international climate targets and national policy implementation, noting that many countries increase their NDC ambition without adopting the necessary policies to achieve them. This disconnect is particularly evident in oil- and gas-producing states and countries reliant on fossil fuels for economic growth, which undermines the Paris Agreement's goal of bridging current efforts with long-term climate targets.
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Document type: Research paper
The Role of Green Hydrogen in a Just Paris-Compatible Transition
The report examines the role of green hydrogen in a just energy transition, arguing that its deployment must prioritize sustainable development and decarbonisation over simple profit. It recommends that development finance institutions support the build-up of local renewable energy supply chains, integrate electrolysers into national grids to enhance electrification, and prioritise domestic industrial use of green hydrogen in the Global South over exports. Case studies of Namibia, India, and Colombia reveal inconsistent definitions of 'green' hydrogen, a tendency to target inefficient applications like road transport, and significant environmental risks such as water scarcity.
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Document type: Report
The corporate climate accountability loop
The paper proposes a 'corporate climate accountability loop' to identify gaps in current corporate climate governance and suggests a transition from voluntary, conflicted systems toward mandatory, independent, and legally enforceable regulatory frameworks.
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Document type: Research paper