Ratcheting of climate pledges needed to limit peak global warming.

Abstract

The new and updated emission reduction pledges submitted by countries ahead of COP26 represent a meaningful strengthening of global ambition compared to the 2015 Paris pledges1,2. Yet, limiting global warming below 1.5°C this century will require countries to ratchet ambition for 2030 and beyond2-6. We explore a suite of emissions pathways in which countries ratchet and achieve ambition through a combination of increasing near-term ambition through 2030, accelerating post-2030 decarbonization, and advancing the dates for national net-zero pledges. We show that ratcheting near-term ambition through 2030 will be crucial to limiting peak temperature changes. Delaying ratcheting ambition to beyond 2030 could still deliver end-of-century temperature change of less than 1.5°C, but that would result in higher temperature overshoot over many decades with the potential for adverse consequences. Ratcheting near-term ambition would also deliver benefits from enhanced non-CO2 mitigation and facilitate faster transitions to net-zero emissions systems in major economies.