Governments’ planned fossil fuel production remains dangerously out of sync with Paris Agreement limits
On 20th October 2021 was published the third edition of “The Production Gap Report”.
The Report — first launched in 2019 — tracks the discrepancy between governments’ planned fossil fuel production and global production levels consistent with limiting warming to 1.5°C or 2°C. It represents a collaboration of several research and academic institutions, including input from more than 40 experts. UNEP staff provided guidance and insights from their experience leading other gap reports.
“Governments still plan to produce more than double the amount of fossil fuels in 2030 than what would be consistent with limiting global warming to 1.5°C, in stark contrast to increased climate ambitions and net-zero commitments.”
This year’s report presents the first comprehensive update of the production gap analysis since the 2019 assessment. The report also tracks how governments worldwide are supporting fossil fuel production through their policies, investments, and other measures, as well as how some are beginning to discuss and enact policies towards a managed and equitable transition away from fossil fuel production. This year’s report features individual country profiles for 15 major fossil fuel-producing countries, and a special chapter on the role of transparency in helping to address the production gap.