āG20 begins transition to low-carbon economy, but too slow for Paris Agreement goals ā reportā
G20 member states are beginning to decarbonise their economies, but the required investment in fossil fuels remains so high that the āwell below 2Ā°Celsiusā global warming reduction target will be āmissed by a wide marginā, according to the Brown to Green Report 2017 compiled by Climate Transparency, an international consortium of environmental organisations. The report evaluates the countriesā individual transition to a low-carbon economy, for example regarding emissions reductions, climate policy, finance, and decarbonisation. Coal has become a major issue in Germany, and while experts rate the countryās policy performance high, they point to the need for the country to improve its sectoral targets and to develop an adequate plan for the phase-out of coal.
Read the press release and download the report .
For background on the G20, read the Ā鶹ĪŽĀė°ę dossiers The energy transition and climate change and G20 2017 - Climate and energy at the Hamburg summit.