Assessment of the G20 members’ long-term strategies
Hindustan TimesUnder Article 4 paragraph 19 of the Paris Agreement, countries are encouraged to formulate and communicate long-term low greenhouse gas emission development strategies. Seventeen G20 members had submitted an LTS, outlining their long-term decarbonisation and development plans, by July 2023. While most G20 members acknowledge the role of climate finance, only six of the 17 we analysed include quantitative estimates in their LTS. Finally, whereas 11 of the 17 G20 members recognise the need for capacity building to achieve long-term transformation, they say little about their exact capacity needs or the potential for international cooperation in this area. All countries plan to use bioenergy as part of their decarbonisation efforts, and nine also mention Bioenergy with Carbon Capture and Storage as an emissions removal technology to achieve net zero targets.