UNEP Production Gap Report 2023

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The UN Environment Programme (UNEP) has published the Production Gap Report 2023.

Key Highlights:

• It was prepared by UNEP, Stockholm Environment Institute (SEI), Climate Analytics, E3G and International Institute for Sustainable Development.
• To track the discrepancy between governments’ planned fossil fuel production and global production levels consistent with limiting warming to 1.5°C or 2°C
• The report analyzes emissions trends for 20 major fossil-fuel-producing countries. One among them is India.
• Under the Paris Agreement, countries have committed to a long-term goal of limiting average global temperature to less than two degrees Celsius above pre-industrial levels and even try to limit them further to 1.5 degrees Celsius. However, the report analyzed the 20 major fossil fuel producing countries.
• It found that these countries plan to produce more than double the amount of fossil fuels in 2030 than would be consistent with limiting warming to 1.5°C and 69% more than that would be consistent with 2 degrees Celsius.
• Recommendations given by the Production Gap Report 2023 is to Increase transparency in the plans, projections and support for fossil fuel production and aim for a near total phase-out of coal production and use by 2040 and a combined reduction in oil and gas production and use by three-quarters by 2050 from 2020 levels.