Why do INDCs matter?
Over the coming months, countries from around the world will submit their intended plans for addressing climate change past 2020. These so-called Intended Nationally Determined Contributions, or INDCs, will provide an early indication of what a climate deal could look like at the COP21 global climate talks in Paris this December.
But importantly, INDCs also highlight which countries are embracing the economic opportunity that comes from bold climate action. Because of this, INDCs should be seen as strategic investment plans for low carbon growth.
On the eve of the G7 meeting in Germany, our CEO Mark Kenber explains why these world leaders should encourage ambitious INDCs from all nations in his latest blog. Please share this message far and wide - or click the retweet button on the tweet below - so we can reach the G7, with six months to go before Paris.
LATEST INDCs NEWS
- Experts confident that COP21 will lead to global deal, predict business key to implementation post-2015
- UNEP hails INDCs a "breakthrough" to 2C target, but ambitious Paris deal still "essential"
- Jennifer Morgan says India renewables target is "stunning" and hopes Saudi Arabia "diversifies its energy mix" in upcoming INDC
- Country climate plans will slow global temperature rise: UN releases INDC synthesis report
- ADP kicks off with clear possibility of "tremendous progress" towards COP21 in Paris: Mark Kenber
- India submits INDC, pledging to reduce emissions intensity up to 35% by 2030
- Japan’s strategy on climate change, part of global deal, set at 26% GHG reduction by 2030
- China to cut emissions by 60-65% from 2005 level by 2030: INDC
- Mark Kenber: Paris - The great business opportunity of this century?
- What’s happening in Bonn and why it matters for the global climate challenge
- EU Commission proposes INDC month early, calls for US and China to follow lead
- US submits INDCs ahead of Paris climate talks
- Switzerland first to submit INDC, aims to halve emissions by 2030
- Mark Kenber: A global climate deal is not only the right choice; it is the smart one.
- Work begins in Geneva on first draft of new global climate agreement
- Lima outcome shows urgent need for confidence-building measures to secure global deal at Paris
INDCs: The basicsCountries will submit INDCs to the UN to be displayed online from now until October, although most INDCs from the world’s major emitters were expected before June.
- INDCs will form a central part of the new global climate deal to be agreed in Paris, by setting the total emission reduction ambition of the agreement.
- As ‘bottom-up’ based commitments, INDCs are not expected to collectively deliver the full scale of emission reductions required to address climate change. But early submission of INDCs does provide the opportunity for review and – in theory – the ability to increase ambition and close the emission gap before or at Paris.
- As well as pushing for greater ambition to close the emission gap, in the lead up to Paris, businesses and sub-national governments must communicate INDCs as investment plans for low carbon growth; or what we call, a clean revolution.
To learn more, read our Insight Briefing, which takes an in-depth look at the critical economic opportunity of INDCs, examining what an INDC actually is and the impact they are likely to have on the road to Paris and beyond.
Map courtesy of the World Resources Institute