The Climate Transparency Report 2021
The Climate Transparency Report 2021 was published on October 14, 2021. It is the world’s most comprehensive annual review of G20 countries’ climate action towards net zero based on 100 indicators for adaptation, mitigation and finance presented in a comparable yet concise and visually attractive way. The report consists of two parts: The Highlights Report and the 20 Country Profiles.
The Highlights Report 2021 provides a comprehensive overview of all G20 countries, whether – and how well – they are doing on the journey to transition towards a net-zero emissions economy. Together with the 20 country profiles, the report draws on the latest emissions data and covers 100 indicators on decarbonisation, climate policies, finance and vulnerability to the impacts of climate change. Providing country ratings, it identifies leaders and laggards in the G20.
Developed by experts from 16 partner organisations from the majority of the G20 countries, the report informs policy makers and stimulates national debates. Thanks to comparable and concise information presented in a visually attractive form, the Climate Transparency Report serves as a useful reference for decision makers and actors, and also for those central for climate for whom climate is not central.
Main findings of the report include:
- Emissions rebound by 4% across the G20 in 2021 again (in 2020 they declined by 6%) with Argentina, China, India and Indonesia projected to exceed their 2019 emissions.
- Renewables increase – the power sector renewables increased by 20% between 2015 and 2020 and are projected to become nearly 30% of the G20’s power mix in 2021. The share of renewables in energy supply is projected to grow from 10% in 2020 to 12% in 2021.
- Coal consumption increases – it is projected to rise by almost 5% in 2021, with this growth driven by China (accounting for 61% of the growth), the USA (18%) and India (17%).
- From 2015 to 2020, the carbon intensity of the energy sector (amount of carbon released by unit of energy production) has decreased by 4% across the G20.
- Between 2018 and 2019, G20 members provided USD 50.7 billion/year of public finance for fossil fuels. The highest providers of public finance were Japan (USD 10.3 billion/year), China (just over USD 8 billion/year), and South Korea (just under USD 8 billion/year).
- Only USD 300 billion of the total USD 1.8 trillion in recovery spending went to the much-heralded “green” recovery whilst fossil fuels continue to be subsidised.
Do get in touch with us, if you have comments or questions. We also offer online briefings for your organization, which will only take 30 minutes and provide you with relevant information in a condensed form. Feel free to contact us under: info∂climate-transparency.org
To watch the recording of the international online launch event of the Climate Transparency Report 2021 which took place on 14 October 2021, click here: