Summary

The Paris Agreement and its accompanying decision call for Parties to strive to formulate mid-century communicate long-term low-greenhouse gas emission development strategies (LT-LEDS) by 2020. Moreover, the Paris decision requests Parties to communicate a new or updated Nationally Determined Contribution (NDC) by 2020. This paper finds that there is potential for these long-term strategies to guide short- and mid-term action and feed into future NDC submissions. This paper highlights that long-term strategies can substantially shape countries’ short- and mid-term priorities, policies and investment pipelines, leading to significant cost reductions in the long-term. Linking NDCs to long-term mitigation strategies will be key in ensuring efficient use of resources, particularly crucial for responding to climate change amidst and following the COVID-19 crisis.

77
number of views
20
number of downloads
Publishing year
2020
Publisher
OECD
Authors
Chiara Falduto
Marcia Rocha
Type
Discussion Paper
Areas
Climate policy
Long-term strategies
Update of NDCs
Sectors
Not specified
Language
English
Climate Tagger

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