High-income nations of G20 fall drastically short on climate action

Even if the high-income G20 countries, including the US, the UK, Australia and Germany, were to reduce their domestic emissions to zero by 2030, they would still fall significantly short of their fair-share benchmarks for emissions reduction, according to a new paper published by Oxfam International.

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The paper by the global non-governmental organisation evaluates the fairness and ambition of national greenhouse gas reduction targets, known as Nationally Determined Contributions (NDCs), of the G20 countries, using three distinct approaches. These approaches were employed to gauge the strength of the conclusions drawn. If all approaches arrived at similar results, it would suggest that the conclusions were robust.

The findings reveal that the G20, collectively as well as the most high-income countries of the bloc individually, are failing to meet the necessary levels of ambition required to limit the global temperature rise to 1.5 degrees Celsius.