The Compact of States and Regions revealed in its annual report that the vision set out in the Paris Agreement is within reach. Delivering on all disclosed 2020 targets in time would result in savings that put these governments on track to stay below the critical warming threshold of 2˚C above pre-industrial levels.
The report provides valuable insights to support national governments heading into the “2018 facilitative dialogue,” aimed at raising ambition in the next round of Nationally Determined Contributions (NDCs) and shows how many disclosing states and regions are ahead of schedule.
Patricia Espinosa, executive secretary of the UN Framework Convention on Climate Change, said in the report’s foreword: “The report is powerful evidence how these governments continue to go the extra mile in bold climate policies and action. It is particularly heartening to see that some states and regions are already targeting net zero emissions. The [Paris] Agreement’s strength rests not just on central government action but the unprecedented support and growing enthusiasm of business, investors, citizens, cities, states, provinces, and regions.”
The report also highlights that states and regions are backing up their climate goals with a variety of specific climate actions. This year alone, 1,299 individual climate actions were disclosed across ten economic sectors.
Paul Simpson, CEO of CDP, said: “We have seen Compact governments double down on cutting their region-wide GHG emissions and setting more reduction targets. We call on more governments to join the Compact, reduce their emissions and commit to transparent annual disclosure. Our journey has only just begun.”