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G-20 go big on climate vows but policies at home lack punch - study
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The Policy Scoreboard examines six major areas policymakers can address when seeking to limit GHG emissions.
No G-20 government has implemented sufficient and concrete policies to match the promises to tackle climate change made at COP26 in Glasgow last year, according to a new report from research group BloombergNEF (BNEF).
The second edition of BNEF’s G-20 Zero-Carbon Policy Scoreboard report examines how climate rhetoric on the international stage is matching actions on the home front by the governments of the world’s 19 largest nations, responsible for nearly 80% of global GHG emissions (the EU is the 20th G-20 member). BNEF found that no G-20 country has implemented sufficient policies to plausibly achieve deep decarbonization, although 11 of the 19 nations did make progress in 2021.
The Policy Scoreboard examines six major areas policymakers can address when seeking to limit GHG emissions. The G-20 governments have made most progress in implementing programs to decarbonize the power and transport sectors. The other areas, needing more policy support, are the buildings and industrial sectors, low-carbon fuels and carbon capture, utilization and storage technologies, and the circular economy.
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