UN Environment Programme's emissions gap report series
This benchmark report, produced by the United Nations Environment Programme, assesses the discrepancy between projected and necessary global greenhouse gas emissions to meet the Paris Agreement targets. It highlights the urgent need for enhanced mitigation actions and tracks progress on national commitments and policy implementations.
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OVERVIEW
The Emissions Gap Report series, initiated in 2010, is produced annually by the United Nations Environment Programme (UNEP). The benchmark reports are co-produced by UNEP, the UNEP Copenhagen Climate Centre (UNEP-CCC) and partners. This benchmark report assesses the difference between projected global greenhouse gas emissions and the levels required to meet the long-term temperature goals of the Paris Agreement.
The methodology involves a comprehensive analysis of national pledges, policies, and global emissions data. It evaluates the effectiveness of current mitigation efforts and identifies opportunities to bridge the emissions gap.
The purpose of this series is to inform policymakers, stakeholders, and the public about progress and shortfalls in achieving climate targets. It aims to provide a clear picture of where the world stands in terms of emissions and what actions are needed to stay on track.
Finance professionals can use this report to understand the implications of climate policies on investments and risk management. It serves as a critical resource for making informed decisions related to sustainable finance, climate risk assessment, and strategic planning for low-carbon transitions.