The Annual Climate Action Monitor - Helping Countries Advance Towards Net Zero was published in early November 2021 by the Organisation for Economic Co-operation and Development (OECD). The Climate Action Monitor is part of the International Programme for Action on Climate (IPAC), that was established in May 2021 to assess and support progress towards net-zero greenhouse gas (GHG) emissions and a more resilient economy by mid-century.
Alongside the IPAC Dashboard, featuring key indicators that provide an at-a-glance view of country actions and progress towards climate objectives and net-zero trajectories, the Annual Climate Action Monitor complements and supports the UNFCCC and Paris Agreement monitoring frameworks. It provides a digest of country progress towards their own climate objectives and their alignment with Paris Agreement goals. It also highlights examples of good practices and results.
The Monitor is structured around three monitoring areas: (1) emissions, (2) impacts and risks and (3) actions and opportunities, supported by the corresponding indicators.
According to the Climate Action Monitor an increasing number of countries have announced their commitments to net zero but the pledges and results to date do not match the level of ambition of the Paris Agreement.
Significant efforts will need to be made at the national level to achieve intermediary targets by 2030, the authors write. Countries will have to reduce emissions or limit their increase to a much larger extent in the next 10 years than they have done over the past 30 years to achieve intermediate targets, they say.
Some large emitters such as Japan, the United States and the EU are still far from their 2030 objectives and in emerging economies such as Brazil, China, Russia, and Mexico, emissions are still rising.
Read more and download the Annual Climate Action Monitor - Helping Countries Advance Towards Net Zero at OECD website