This report is jointly prepared by the Stockholm Environment Institute (SEI), Climate Analytics, E3G, the International Institute for Sustainable Development (IISD), and the UN Environment Programme (UNEP).
The Planned fossil fuel production is expected to exceed the limits for a 1.5°C temperature rise by 110% and for a 2°C rise by 69%.
Major producer countries have not committed to reduce coal, oil, and gas production in line with limiting warming to 1.5°C.
20 major producer countries Altogether account for 82% of production and 73% of consumption of the world’s fossil fuel supply.
Many countries are promoting gas as a “bridge” or “transition” fuel, but with no apparent plans to transition away from it.