The report, “Brown to Green: Assessing the G20 transition to a low-carbon economy” has been produced by Climate Transparency, and written by a range of international experts and was launched at a press conference in Beijing.
With climate change high on this year’s G20 agenda, along with green finance, the assessment looks at a range of indicators on climate action, including investment attractiveness, investment in renewable energy, climate policy, the carbon intensity of both the energy and electricity sectors of the G20 economies, of their fossil fuel subsidies and their contributions to climate finance.
The G20 is responsible for 75% of global emissions, and its energy-related greenhouse gas emissions increased by 56% from 1990-2013. While the positive news is that this growth has now stalled, the negative is that there is still more brown than green on the Climate Transparency G20 scorecard.
About Climate Transparency:
Climate Transparency is an open global consortium with a shared mission to stimulate a ‘race to the top’ in climate action through enhanced transparency.
This report has been written with contributions from NewClimate Institute (Climate Action Tracker), Germanwatch (Climate Change Performance Index), the Overseas Development Institute and the Humboldt-Viadrina Governance Platform, and a range of other international experts.