This report from Climate Transparency reviews climate actions by the Group of Twenty (G20) states, assessing their transition to low-carbon and climate-resilient economies. The report questions whether the G20 countries are on track to meet Paris Agreement goals, documenting leaders and laggards.
The report finds that current Nationally Determined Contributions (NDCs) would lead to a global temperature increase of around 3.2 degrees Celsius. The authors outline the progress made by G20 countries since the Paris Agreement based on several decarbonization indicators. They criticize nearly all G20 countries for not implementing climate mitigation policies more aggressively, calling on them to institute a 50% emissions cut by 2030 to reach Paris Agreement goals.
The report analyzes several just transition initiatives in G20 countries to identify lessons learned. In Canada, for example, a federal task force developed a just transition plan for coal workers and communities, and the Chinese government seeks to allocate $4.5 billion over the next three years to support the closure of small coal mines. Australia, on the other hand, negotiated a comprehensive agreement with the Victoria government and three privately owned power stations to reduce job losses rather than manage their effects.