Bathinda: With locking and restrictions gradually fell, greenhouse gas emissions rebounded to the pre-pandemic level in all G20 countries, with India, Argentina, China and Indonesia projected to exceed the emissions of 2019 this year.
According to the climate transparency report, which was released on Thursday, CO2 emissions related to energy fell 6% throughout the G20 country last year.
But in 2021, they were projected to rebound by 4%.
“Emissions rebound throughout the G20, the group responsible for 75% of global greenhouse gas emissions, indicated that deep and fast emissions cuts are now very much needed to achieve null zero announcements,” said the Gahee Han from the South Korean organization solution for our climate ‘ , who is one of the main writers of the report.
The report recorded several positive developments such as solar and wind growth, with new records in installed capacities achieved by 2020.
The renewable energy section in the supply of energy is projected to grow from 10% in 2021.
In the power of the sector (energy used to make electricity and heat), renewable energy increases by 20% between 2015 and 2020, and is projected to rise to almost 30% in the G20 this year.
However, at the same time, experts noted that in addition to England, G20 members did not have a short or long-term strategy to reach 100% renewable energy in the electricity sector in 2050.
Coal in demand for fossil fuels, however it will not happen down.
In fact, coal consumption is projected to rise by almost 5% this year, while gas consumption has increased 12% from 2015-2020.
The increase in coal consumption will be driven mainly by China (Accounting 61% of growth), US (18%) and India (17%), the report said.
China is currently the largest global producer and coal consumer.
The latest announcement, however, indicates that most G20 members realize the need for transition to a low-carbon economy and reaches zero zero targets in 2050 to limit global warming.
In August this year, 14 G20 members have committed to the nallest zero target – accounting for nearly 61% of global greenhouse gas emissions.
Under the Paris agreement, each state member is expected to submit a nationally determined contribution (NDC) – a climate plan that describes the target, policy and action.
On September 2021, 13 G20 members had sent NDC updates, with six more ambitious 2030 target settings.
However, even if fully implemented, the current target is assessed in April 2021 will still lead to the heating of 2.4 ° C at the end of this century, experts are careful.
“The G20 government needs to come to the table with a more ambitious national emission reduction target.
The numbers in this report confirm we cannot move calls without them – they know it, we know it.
The ball was strong in their court in front of COP26,” Kim Coetzee said from climate analytic, which coordinated the overall analysis.
India shows that Wayabhishek Kaushik from the Energy and Resources Institute (Teri) said, “India is the only developing country among G20 countries and adequate policies and actions to achieve NDC’s goals in 2030.
The country makes significant progress in terms of voluntary target of mitigation.
It aims to provide 450 gw renewable capacity installed and recently launched a national hydrogen mission to promote clean energy transition.
However, there is a strong need to mobilize international support (including climate financing) for strong and inclusive growth In this country.
“throughout the G20, the current average market share of electric vehicles in the sale of new cars remains low only at 3.2% (not including the European Union).
Sanjay Vashist, Director of Can South Asia, said: “Asia can and must do better in launching renewable energy and change the climate crisis into an opportunity for green and inclusive development.
The announcement to reduce coal finance is a good first step.
But they need to be followed By the plan to fully the coal phase, ensure a fair transition.
“Climate transparency is a global partnership of 16 Think Tanks and NGOs.
This report was developed by 16 research organizations and NGOs from 14 G20 members.
This compares the efforts of adaptation, mitigation, and finance related to the G20; analyze the development of recent policies; and identify climate opportunities that can be confiscated by the G20 government.