The Carnegie Endowment for Peace has launched a new report on the G7 and climate. The G7 Climate Mandate and Tragedy of Horizons argues that the G7 commitment to decarbonize their economies by 2100 must be accompanied by work to align with the Paris negotiation outcomes and a push for an equal commitments from the G20. The report states that “the announcement’s credibility and durability will depend upon its institutionalization via shorter-term initiatives and benchmarks that shape the future of energy and investment choices in the years ahead.”
The author of the paper, David Livingston, Associate Energy and Climate Program at Carnegie, suggests recommendations including: creating a decarbonization taskforce; bring the global investment architecture in line with this aim; strengthen and streamline transport and petroleum regulations.
The report is published as the G7 negotiators are preparing the for the next Summit in May in Japan. The report recommendations may help influence their thinking.
Carnegie Endowment for Peace: The G7 Climate Mandate and Tragedy of Horizons
[Photo: Greenpeace Cancun COP | Elisabeth Ruiz]