BloombergNEF, a research organization focused on the global energy transition, published its latest report examining the low-carbon policies of G20 countries and how they compare to what they were last year.
From the report:
“The world’s largest economies have made limited progress in boosting their decarbonization policies over the past year — a red flag for climate action as the urgency of the crisis ramps up.
In the fourth annual edition of BloombergNEF’s G-20 Zero-Carbon Policy Scoreboard, the members of this group scored, on average, just 49% – a paltry 1 percentage point rise from 2023.
The European Union, UK and US retained the top spots. But these high scorers failed to improve their performance from last year, in fact seeing an average decline of 1 percentage point. As developed economies responsible for 18% of global greenhouse gas emissions, they should lead by example, in particular to encourage emerging markets to follow suit.”
G-20 Zero-Carbon Policy Scoreboard, BloombergNEF
Read the full G-20 Zero-Carbon Policy Scoreboard from BloombergNEF originally published April 8, 2024.
