Latest News
G-20 go big on climate vows but policies at home lack punch - study
News Highlight
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.
Related News
Latest Blogs
- Redefining wealth beyond numbers
- Nigeria’s WCO chairmanship as opportunity for trade facilitation
- Lessons of Lekki massacre for Nigerian business leaders
- AI solutions for improved poultry and fish production
- Between strong labour union and weak industry
Most Popular News
- NDIC pledges support towards financial system stability
- Artificial intelligence can help to reduce youth unemployment in Africa – ...
- Africa-focused Madica expands portfolio with two new AI startups
- West African Development Bank raises EUR 1 billion
- Swedfund invests $10 million in Moniepoint to boost MSME growth
- UNCTAD16 opens in Geneva to chart way for resilient supply chains, others



