Narrowing the gapSide event on the 2014 UNEP gap report

5 December 2014, Lima, Peru

Dr. Niklas Höhne

N.Hoehne@newclimate.org

www.newclimate.org

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Potential is larger than the gap

Mitigation potential (GtCO2e in 2030)

Energy supply: 10 Industry: 4.5 Buildings: 2Transport: 3Waste, agriculture, forestry: 9

Area Potential

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“Co-benefits” can become the main driver

Improved access to electricity and modern fuels

Increased number of jobs

Energy security

Reduction in local air pollution

Reduced congestion on roads

Area Potential Co-benefit

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Barriers remain

Prices do not factor in damage caused by climate change, air pollution or

Subsidies that encourage the use of fossil fuel, water and other scarce resources

Investments that are driven by short-term returns in traditional high-carbon sectors and practices

Area Potential Co-benefit Barriers

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National policies are significant

144 countries have renewable targets

100%: Denmark Cook Islands, Fiji, Niue, Tokelau, Tuvalu and Scotland

80%: Germany

Half of the countries have renewables policies

Half of the countries have policies on efficient heating and/or cooling in buildings

Half of the countries have policies on efficiency of appliances and lighting

Carbon neutrality targets: Bhutan, Costa Rica, Maldives, Norway and Sweden

Area Policies Initiatives Barriers

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International cooperative initiatives reduce emissions

More than 200 initiatives support reductions

Impact of their targets by 2020Renewables >0.5 GtCO2e

Buildings ≈1.6 GtCO2e

Appliances ≈1 GtCO2e

Transport efficiency >0.5 GtCO2e

Over 30 new initiatives in the Climate Leaders summit Sept 2014

Area Policies Initiatives

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The gap can be closed

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Backup

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New target of the USA

Source: Climateactiontracker.org

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New target of China

Source: Climateactiontracker.org