PARIS: The International Transport Forum (ITF) at the OECD has launched a weekly tracker to monitor whether countries are updating their Nationally Determined Contributions (NDCs) under the Paris Agreement.
Based on September 27, 2021 data, 94 percent of countries refer to transport in some way in their NDCs; 77 percent have included transport measures; and 14 percent have set concrete targets for the reduction of transport CO2 emissions.
Transport is reliant on fossil fuels for over 90 percent of energy use and is responsible for around a quarter of global energy-related CO2 emissions. In contrast to other sectors, transport CO2 emissions continue to rise, not fall, says the ITF.
According to a new report by the Energy Transitions Commission (ETC), current NDCs fall far short of keeping global warming below 1.5°C. It says an additional reduction of 17-20 Gigatons of CO2 and a 40 percent cut in methane emissions is needed.
The report concludes remedial action is technically feasible, entails minimal cost and doesn’t need a comprehensive international agreement to realise a 60 percent cut in fossil fuel emissions and a 30 percent reduction from agriculture and waste management by 2030:
Halting deforestation, beginning reforestation and improving other land use practices could cut emissions by 6.5 Gigatons per year; an immediate ban on new coal-fired power plants, and the phaseout of existing coal plants, could add a further 3.5 Gt.; a ban on selling internal combustion engine light duty vehicles by 2035 and commitments by major fleet operators to fully electrify their vehicle fleets even earlier would see a further 2.3 Gt. annual reduction.
Commitments by companies and countries could deliver an additional one Gt. per year of cuts in steel, cement, shipping and aviation emissions, with another one Gt. through accelerated electrification of electric heat, the report concludes.
“Current national commitments to reduce greenhouse gas emissions are a useful step forward but far from sufficient to limit global warming to an acceptable level,” commented Adair Turner, ETC chair. “But we have the technologies to achieve far faster reductions, often at nil or low cost, and this report shows how.
“And much of what needs to be done does not require comprehensive international agreements, but can be driven forward by coalitions of leading countries and companies. COP26 must be the catalyst to seizing this opportunity,” he added.
Story Type: News