Modernising Agreements and Transition to Renewables
The world faces a major challenge
Annual global GHG emissions*
70
Gt CO₂e
60
**
NDCs
+1.3% p.a.
50
40
30
20
10
~7% p.a.
reduction
to achieve net zero
agreed under Paris
Agreement
Limited action so far. The world has more
than doubled cumulative GHG emissions
since the early '90's
Momentum changing. Countries
are setting ambitious targets
and enacting policies
China, the world's largest consumer
and a significant producer of
commodities, has set clear objectives
0
1990
2000
2010
2020
2030
2040
2050
*The source of the historic data is: Trends in global CO2 and total greenhouse gas emissions: 2020 report. Netherlands Environmental Assessment Agency.
The annual decline rate is an illustrative straight-line rate and not a forecast or scenario. | **Nationally Determined Contributions
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