Current Nationally Determined Contributions (NDC) to the Paris Agreement, when added up, are a long way off from getting even close to meeting the agreed target of holding global temperatures well below 2°C above pre-industrial levels. The Paris Agreement has created a unique platform to build political commitment but it falls short on mobilizing social and economic opportunities (co-benefits) of ambitious and timely climate action. The COP24 decisions related to the Paris Rulebook will determine to what extent social and economic co-benefits can be mobilized to effectively implement the Paris Agreement and to facilitate a just transition.
This briefing contains key recommendations to activate the co-benefits in the COP24 decisions on the Paris rulebook.
Authors: Sebastian Helgenberger, Konrad Gürtler (IASS Potsdam)