2022
JanBurckRESULTS
TheaUhlich
ChristophBalsMonitoringClimateMitigationEfforts
NiklasH"ohne
LeonardoNascimentoof60CountriesplustheEU–covering92%
JamieWongoftheGlobalGreenhouseGasEmissionsCCPIoResults2022Germanwatch,NewClimateInstitute&ClimateActionNetwork
Imprint
Germanwatch–BonnOfficeAuthors:
Kaiserstr.201JanBurck,TheaUhlich,ChristophBals,
D-53113Bonn,GermanyNiklasH"ohne,LeonardoNascimento,
Ph.:+49(0)22860492-0JamieWong,AnaTamblyn,JonasReuther
Fax:+49(0)22860492-19
Withsupportof:
Germanwatch–BerlinOfficePietervanBreevoort,Bj"orkLucas,
Stresemannstr.72RitikaTewari,JosephDutton
D-10963Berlin,Germany
Editing:
Ph.:+49(0)302888356-0
AdamGoulston,TobiasRinn
Fax:+49(0)302888356-1
Maps:
E-mail:info@germanwatch
Madeby23°
germanwatch
Design:
DietmarPutscher
Coverphoto:Shutterstock/greenaperture
November2021
NewClimateInstitute–CologneOfficeYoucanfindthispublicationaswell
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D-50676Cologne,Germanyccpi
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CAN
ClimateActionNetworkInternationalContents
Kaiserstr.201
D-53113Bonn,GermanyForeword3
1.HopeforChange4
2.OverallResultsCCPI20226
2.1CategoryResults–GHGEmissions8
2.2CategoryResults–RenewableEnergy10
2.3CategoryResults–EnergyUse12
2.4CategoryResults–ClimatePolicy14
3.KeyCountryResults16
4zerotargetsgainsubstantialglobalsupport23
5.AbouttheCCPI26
6.Endnotes28
Annex29
WiththesupportofSouthPole
Withfinancialsupportfrom
theBarthelFoundation
2CCPIoResults2022Germanwatch,NewClimateInstitute&ClimateActionNetwork
Foreword
Informingtheprocessofraisingclimateambition
Publishedannuallysince2005,theClimateChangePerfor-Inthiscontext,theCCPIhasgainedfurtherrelevanceasa
manceIndex(CCPI)isanindependentmonitoringtoolforlong-standingandreliabletooltoidentifyleadersandlag-
trackingtheclimateprotectionperformanceof60coun-gardsinclimateprotection.
triesandtheEU.Everyyear,theCCPIsetsoffimportant
publicandpoliticaldebateswithinthecountriesassessed.TheimpactoftheCCPIasaclimateprotectionmonitor-
TheCCPIaimstoenhancetransparencyininternationalingandcommunicationtoolalsodependsonwhetherand
climatepoliticsandenablescomparisonofclimateprotec-howtheindexisusedbydifferentactors.Wearegladto
tioneffortsandprogressmadebyindividualcountries.TheseethattheCCPIisincreasinglyusedbyfinancialactors
climateprotectionperformanceofthosecountries,whichtoratesovereignbonds.Giventhekeyroleofthefinancial
togetheraccountfor92%ofglobalgreenhousegas(GHG)marketindeterminingwhetherinvestmentsaremadein
emissions,isassessedinfourcategories:GHGEmissions,high-emissionorlow-emissioninfrastructuresandtech-
RenewableEnergy,EnergyUseandClimatePolicy.nologydevelopmentsforshiftingthetrillions.Therefore,
theCCPIisanimportanttooltopromotethereallocation
Thecountries’commitmentsundertheParisAgreementofinvestmentsbyprovidingcrucialinformationonclimate
arestillinsufficient:tolimitglobalwarmingtoamaximumofchangeforEnvironmental,SocialandGovernance(ESG)
1.5°Camoreambitiousclimateactionisurgentlyneeded.ratingsforfinanceactors.
JanBurckTheaUhlichChristophBals
(Germanwatch)(Germanwatch)(Germanwatch)
NiklasH"ohneLeonardoNascimentoTasneemEssop
(NewClimateInstitute)(NewClimateInstitute)(ClimateActionNetwork
International)
Authorsandacknowledgements
TheIndexispublishedbyGermanwatch,NewClimatethroughthecontinuedsupportandcontributionsofaround
InstituteandtheClimateActionNetwork.TheCCPI’sunique450climateandenergyexperts.Weexpressourgratitude
climatepolicysection,evaluatingcountries’nationalandtotheseexpertsandgreatlyappreciatetheirtime,efforts
internationalclimatepolicyperformance,isonlypossibleandknowledgeincontributingtothispublication.*
*AfulllistofcontributorstotheclimatepolicyevaluationcanbefoundintheAnnexofthispublication.
3CCPIoResults2022Germanwatch,NewClimateInstitute&ClimateActionNetwork
1.HopeforChange
Howcivilsociety,litigation,andnewbusinessmodels
canacceleratethetransformation
Theyear2021hasbeenabusyoneforclimatediplomacy.Worldwide,statesarecommittingtoreachnetzeroby
Severalhigh-levelinternationaleventshavetakenplace,mid-century.Ifthesetargetsarewell-designed,backedby
enhancedNationallyDeterminedContributions(NDCs)sub-short-termtargetsandtransparentmeasurements,they
mit-ted,agreementsmade,newscientificreportsreleased.canserveasapowerfulmechanismtokeep1.5°Cinreach.
Withoutimplementationstrategies,however,thetargets
WithnewlyelectedUSpresidentJoeBiden,theUS
arenothingmorethangreenwashing(alsoseethenet
steppedbackontotheclimatestageandre-joinedthe
zeroarticleinthisbrochure).Consequently,thismovement
ParisAgreement.InApril,BidenhostedthevirtualLeaders
mustbemonitoredcritically,becauseevenifimplementa-
SummitonClimate,inviting40worldleaderstodiscuss
tionoccurs,thereareseveralloopholes.Particularly,the
increasingclimateambitionandfinance.Inthiscontext,
‘net’aspecthasascopeofinterpretation.Somecountries
theUS-governmentsubmittedanewNDCandannounced
activelyrefertotechnologiessuchasCarbonCaptureand
a50–52%emissionsreductionby2030(comparedwith
Storage(CCS)orothercarbonsequestrationstrategies
2005)andanincreaseinUS-climatefinanceto$5.7billion
thatwillplayacertainroleinfieldswherezeroemissions
peryearby2024(attheUNAssemblyinSeptember,Biden
areimpossible,andthismustbetreatedwithcaution.Even
doubledthisto$11.4billion).Thefinancegaptoreachthe
theemphasisonnaturalsinkssuchasforestsshouldnot
promised$100billionofinternationalclimatefinanceper
beoverstressed.Asimportantasforeststrategiesare,
yearfromtheindustrialisedstatestherebydecreased,but
therearespatiallimitations,humanrightsconcernsand
itisstillnotclosed.
increasinguncertaintyonwhichpartofforestscanserve
FurtherimportantclimateeventsincludethePetersbergascarbonsinksinaglobalwarmingworld.Thepriorityto
ClimateDialogueinMay(whereGermanyintroducedreachnetzeroshould,whereverpoliticallybetter,bethe
itsnewreductiontarget,forcedbyacourtruling),vir-actualreductionofemissions.
tualUNnegotiationsinJune,thefirstV20Climate
Thepoliticaldevelopmentsarealongsidetheincreasing-
VulnerablesFinanceSummit,theG20MinisterialMeeting
lydramaticclimatechangeimpactsvisiblegloballythis
onEnvironment,ClimateandEnergyinJuly(whereall
year.China,India,Russia,partsoftheUS,andCanada
G20membersagreedtokeep1.5°Cinreach),andtheUN
facedremarkableheatwavesanddrought,withforestfires
AssemblyinSeptember(whereTurkeyfinallyratifiedthe
inCaliforniaandGreeceaswellasadramaticfaminein
ParisAgreementandChinaannounceditsexitfromcoal
Madagascar.InGermany,heavyrainandfloodsledtoone
financingabroad).
ofthelargest-scalenaturaldisastersindecades.Thisyear
AspartoftheParisAgreement,statesareurgedtosub-sawthewarmestJulysinceweatherrecord-keepingbe-
mitnewupdatedtargetstoclosethegapbetweenNDCsganin1880.4Beforethisbackdrop,theIntergovernmental
agreedtoinParisandthe1.5°C,oratleastwell-below-PanelonClimateChange(IPCC)publishedthefirstpartof
2°C,limit,focusingonthe2030targets.AttheendofitsSixthAssessmentReportinAugust.Thereportstates
October2021,114countriesandtheEUhadsubmittedthatglobalemissionsmustbehalvedby2030(com-
1
theirnewNDCs,coveringnearly61%ofglobalemissions.paredwith2010)tokeepglobalwarmingwithinthe1.5°C
TheClimateActionTracker(CAT)analysedthenewtargetsreach.5BasedonanewscenariointroducedinMay,the
of36countriesandconcludedthat18countriesandtheEUInternationalEnergyAgency(IEA)releaseditsWorldEnergy
submittedstrongertargets(includingArgentina,Canada,OutlookinOctober,underscoringtheimportanceofrenew-
Japan,Morocco,Norway,andtheUnitedKingdom),whileableenergysourcesforglobalenergysupply,theneedfor
ni