We have a plan
Renewables outcompete fossil fuels as new electricity sources worldwide
Outcomes
- Renewables make up at least 30 percent of the world’s electricity
supply [DEMONSTRATED PROGRESS] - No new coal-fired power plants being built [INSUFFICIENT PROGRESS]
- All existing coal-fired power plants are in the process of being retired
[OFF TRACK]
Strategies
- Ramp up renewable energy financing to $700 billion.
- Storage solutions become readily available as backup for 100% renewable energy supply
- All countries have adopted a plan for achieving 100% renewable energy production
- Markets are designed to enable renewable energy expansion
Cities and states are implementing politices and regulations with the aim to fully decarbonise buildings and infrastructure by 2050
Outcomes
- At least USD $300 billion is invested annually to support infrastructure
decarbonization, in addition to the necessary $6 trillion in annual
business-as-usual infrastructure [INSUFFICIENT DATA] - New buildings are built to zero or near-zero energy standards
[INSUFFICIENT PROGRESS] - At least 3 percent of the world’s existing building stock, on average,
is upgraded to zero or near-zero emissions structures annually
[INSUFFICIENT DATA]
Strategies
- Sub-national governments have direct access to international finance and are able to fund climate-investments at a competitive cost of capital
- Policies and investment in public, non-motorised and zero emissions transport, efficiency, renewable energy and efficient waste management are prioritised in all cities
- All cities are retrofitting existing building stock as well as establishing building energy codes and encouraging data reporting across new and existing estates
Zero emission transport is the preferred form of all new mobility in the world's major cities and transport routes
Outcomes
- Electric vehicles account for 15–20% of new car sales globally
[INSUFFICIENT PROGRESS] - Heavy-duty vehicle efficiency standards are 20% higher across all
major economies; transport routes in major cities are operated with
zero-emissions modes [INSUFFICIENT PROGRESS] - Public transport doubles its market share [INSUFFICIENT PROGRESS]
- The aviation sector reduces total emissions per kilometer traveled by
20% below 2013 levels [INSUFFICIENT PROGRESS] - The shipping sector announces plans for market measures or other
instruments to eliminate emissions from their sector [ON TRACK]
Strategies
- Commitments from national & local governments and businesses that accelerate the exponential growth of EVs to reach 100% of vehicles sales in the 2030s and phasing out the internal combustion engine by 2040 at the latest
- The world’s major cities commit to zero-emissions zones, including for the use of urban heavy-duty vehicles, public transport, as well as encouraging a shift toward walking, cycling, and electric vehicles for other personal transportation
- IMO regulates operational efficiencies and fuel switching to low carbon synthetic fuels for shipping; and the Arctic Council addresses black carbon
- National and sub-national governments adopt decarbonisation transport policies and commitments from C40’s Deadline 2020, Transport Decarbonization Alliance, Global Covenant of Mayors, and like-minded organisations
- ICAO and airlines accelerate timelines on operational efficiencies and increased availability / use of bio/synthetic fuels; rail advances and cost effective alternatives to short distance trips
Large-scale deforestation is replaced with large-scale land restoration and agriculture shifts to earth friendly practices
Outcomes
- The world’s nations, civil society institutions, and corporations act to end
net deforestation by the 2020s, putting us on a path to reducing emissions
from forestry and other land use 95% below 2010 levels by 2030:
Net natural forest loss [INSUFFICIENT PROGRESS] - Gross tree cover loss [OFF TRACK]
- Restore and conserve at least 150 million hectares of degraded
land, enhancing biodiversity and building ecosystem resilience
[INSUFFICIENT DATA] - Ramp up the implementation of sustainable agricultural practices that
reduce CO2 emissions, increase CO2 removals, and halt the growth in
non-CO2 emissions:
Practices to reduce CO2 and non-CO2 emissions [OFF TRACK] - Practices to increase CO2 removals [INSUFFICIENT DATA]
Strategies
- Coalitions and alliances between governments and the private sector remove commodity-driven deforestation from all supply chains by 2020
- Coalitions and alliances establish an increased membership base with stronger criteria for sustainable agriculture tied with responsible land investment and earth friendly agriculture, such as 4 per 1000 initiative
- Developed economies and forested developing countries enter into partnerships that scale up international flows for REDD+, focus increases on mechanisms that generate verified emissions reductions, an additional reduction of 1GtCO2e is financed per year from 2020 and beyond
- Raise visibility of land restoration in both forests (forest management) and agriculture (soil management), creating a new norm on land use
- Voluntary markets or other mechanisms for earth friendly agriculture become a viable incentive based solution
Heavy industry – including iron & steel, cement, chemicals and oil & gas commits to being Paris compliant
Outcomes
- Heavy industry firms have developed, published, and begun
implementing roadmaps for their transition to a decarbonized economy
in 2050:
Heavy industry firms have developed and published roadmaps
[INSUFFICIENT PROGRESS] - Heavy industry firms have begun implementing roadmaps
[INSUFFICIENT DATA] - Heavy industries are increasing their energy, emission, and material
efficiencies and are on a trajectory to halve emissions by 2050 using
science-based targets [INSUFFICIENT PROGRESS]
Strategies
- Energy efficiency is doubled in heavy industry operations
- Governments where industry is a significant emitter of GHGs set a carbon price
- All industries have full metering and monitoring of energy consumption
- Heavy industries have an Energy Management System and a strategy for decarbonisation by 2020
- Energy intensive industries incorporate reuse and recycling in their path to a circular economy business plan
- Research and development incentives are created to facilitate the production of solutions to power energy intensive machinery with renewable energy
Investment in climate action is beyond USD $1 trillion per year and all financial institutions have a disclosed transition strategy
Outcomes
- At least USD $300 billion is invested annually to support infrastructure
decarbonization, in addition to the necessary $6 trillion in annual
business-as-usual infrastructure [INSUFFICIENT DATA] - New buildings are built to zero or near-zero energy standards
[INSUFFICIENT PROGRESS] - At least 3 percent of the world’s existing building stock, on average,
is upgraded to zero or near-zero emissions structures annually
[INSUFFICIENT DATA]
Strategies
- Sub-national governments have direct access to international finance and are able to fund climate-investments
- Development banks (national, bilateral and multilateral) have mainstreamed climate finance in their core-strategies and all of their new and existing investments are compatible with a 1.5ºC scenario
- Risk-reduction mechanisms for zero-emission investments are significantly scaled up, and consequently the cost of capital for investment in climate action in emerging economies is lowered
- Impact investors prove instrumental to anchor higher-yielding zero emissions projects
- Institutional investors understand the urgency of climate action and embrace their role in transitioning to a Paris-compliant financial system by aligning their investment portfolios
For more information
…on the development of the Mission 2020 milestones, please read the 2020 Climate Turning Point report jointly produced in April 2017 by Carbon Tracker, Climate Action Tracker (Ecofys, Climate Analytics, New Climate Institute) the Potsdam Institute for Climate Impact Research and Yale Data Driven, with support from Conservation International, The New Climate Economy, Partnership on Sustainable Low Carbon Transport, Systemiq and We Mean Business.