Deliverable 2.5
Filed in Deliverables
Conclusions of the WP2 team on the adequacy of pledges and pathways to 2°C/1.5°C
We are not on track to meet the Paris Agreement (PA) mitigation goals: the challenge is to better understand the nature of this gap and to feed political discussions at all relevant levels and across these different levels on how to address it. Studies on general abatement potentials or theoretical economic assessments have played a role but have limited capacity in moving us further. The successful implementation of the PA inevitably requires addressing different inter-connected dimensions: governance; economical, social, political, sectoral and physical transformations, and GHG emissions.
COP21 RIPPLES aims to contribute to the understanding of the significance of these dimensions, as well as establishing practice and developing methods for these analyses. An array of research papers covering all these dimensions provide insights for policy discussions in specific geographies. For each of the areas of study, EU-specific recommendations have been derived. The overarching takeaways that are relevant to current EU policymaking -and which should be regarded as complementary to specific findings- are as follows:
- Take a sectoral approach
- Benefit from early action and investments
- Tackle the financial system to support its transformation
- Make industrial & innovation policy central to the challenge
- Adopt a country-driven approach to EU 2030 climate commitment enhancement
- Use adequacy assessments to inform policy debates and track progress
- Strengthen ‘guidance and signal’ function of international governance to accelerate ambition in emerging economies