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2023 Production Gap Report

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Santhosh Kumar 10/11/2023
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2023 Production Gap Report mind map Source United Nations Environment Programme Context Discrepancy in fossil fuel production Versus global warming limits Report Authors Stockholm Environment Institute Climate Analytics E3G International Institute for Sustainable Development UNEP Launch Year 2019 What is the Production gap? Definition Difference in projected vs. required fossil fuel extraction Relation to Climate Goals Paris Agreement targets 1.5°C warming limit 2°C warming limit Production gap vs. emissions gap Emission Gap Discrepancy in GHG emissions Based on Nationally Determined Contributions Accepted levels for 2030 Report Findings Increased production projections By 2030 Coal in major countries Until at least 2050 Oil and gas Countries listed Australia Brazil Canada China India United Arab Emirates Recommendations Reduction targets For fossil fuel production Equitable transition Considering different countries Phase-out timeline Coal by 2040 Oil and gas by 2050 75% reduction from 2020 levels

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