Bonn Climate Talks & The CAT Guide To Climate Target

GlobalWarming & ClimateChange News Desk – Today at the Bonn climate talks, we released The CAT guide to a good 2035 (and 2030) climate target, which sets out four key areas that governments should focus on when developing their next set of targets. 

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Ace Press News From Cutting Room Floor: Published: Jun.12: 2024: CAT Climate Tracker News Report: 12: June 2024, 00:32 BST: TELEGRAM Ace Daily News Link https://t.me/YouMeUs2 

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BUT, if governments don’t strengthen their 2030 targets and fail to substantially increase pre-2030 climate action, limiting peak global warming to 1.5°C will very likely not be possible and would lead to a multi-decadal, high overshoot of this limit.  

These are the four key elements of a good climate target: 

We’ll unpack them a bit here, and you can find the full briefing on our website.  

Ambition
First, it’s absolutely critical for governments to take more action on their 2030 targets: emissions need to peak by 2025 and halve by 2030, and not only are the vast majority of government 2030 targets are not 1.5˚C-aligned, the governments don’t have policies to meet them. So we are still looking at 2.7˚C of warming. 

Finance and Fairness
Then we turn to finance and fairness. Climate finance is key to a good global climate outcome, and the developed world must step up considerably to meet the significant gap between what they’ve provided so far, and what they need to provide.  Equally, developing countries need to come up with 1.5˚C-aligned conditional targets, and communicate their needs. 

Credibility 
Governments should ground their NDCs in robust, sector-based detailed planning processes, with consultation and buy-in from across society. The real issue in terms of credibility, though, are the fossil fuels. A government with a good target but with plans to expand oil & gas production – like the UK – is not credible. We’ve listed out some examples of countries doing the right thing, and others going in the wrong direction. Fossil fuel production must phase out and new exploration and fossil fuel subsidies must stop. 

Transparency
Finally, governments need to set absolute, fixed value, economy-wide targets, spelling out their emissions reductions, covering all greenhouse gases, and preferably at the sectoral level. 

The CAT’s view is that NDCs should clearly deliniate what portion of their target will be met though land use & forestry sinks (LULUCF).  The days of creative accounting through LULUCF should be put behind us.  Equally, governments should state exactly how much international carbon accounting they intend to use to meet their target (this should be minimised), and how much engineered CDR.  

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