The Compact of States and Regions reveals, in its annual report, 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 degrees Celsius 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.
The Compact of State and Regions urges governments to step up their long-term ambition to match the required rate of decarbonization and complement their goals with deep de-carbonization pathways.
At the same time, the report also highlights that governments of six major states and regions have already met or exceeded their 2020 targets, four years ahead of schedule.