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Energy system developments and investments in the decisive decade for the Paris Agreement goals
(2021)
The Paris Agreement does not only stipulate to limit the global average temperature increase to well below 2 °C, it also calls for 'making finance flows consistent with a pathway towards low greenhouse gas emissions'. Consequently, there is an urgent need to understand the implications of climate targets for energy systems and quantify the associated investment requirements in the coming decade. A meaningful analysis must however consider the near-term mitigation requirements to avoid the overshoot of a temperature goal. It must also include the recently observed fast technological progress in key mitigation options. Here, we use a new and unique scenario ensemble that limit peak warming by construction and that stems from seven up-to-date integrated assessment models. This allows us to study the near-term implications of different limits to peak temperature increase under a consistent and up-to-date set of assumptions. We find that ambitious immediate action allows for limiting median warming outcomes to well below 2 °C in all models. By contrast, current nationally determined contributions for 2030 would add around 0.2 °C of peak warming, leading to an unavoidable transgression of 1.5 °C in all models, and 2 °C in some. In contrast to the incremental changes as foreseen by current plans, ambitious peak warming targets require decisive emission cuts until 2030, with the most substantial contribution to decarbonization coming from the power sector. Therefore, investments into low-carbon power generation need to increase beyond current levels to meet the Paris goals, especially for solar and wind technologies and related system enhancements for electricity transmission, distribution and storage. Estimates on absolute investment levels, up-scaling of other low-carbon power generation technologies and investment shares in less ambitious scenarios vary considerably across models. In scenarios limiting peak warming to below 2 °C, while coal is phased out quickly, oil and gas are still being used significantly until 2030, albeit at lower than current levels. This requires continued investments into existing oil and gas infrastructure, but investments into new fields in such scenarios might not be needed. The results show that credible and effective policy action is essential for ensuring efficient allocation of investments aligned with medium-term climate targets.
Der Autor diskutiert die Chancen und Risiken bei der Einbindung
des Südens in die internationale Klimapolitik. Lange Zeit hatten die
Entwicklungsländer am wenigsten zum Klimawandel beigetragen,
wären aber am stärksten von ihm betroffen. Mittlerweile jedoch tragen
diese Länder in erheblichem Maße selbst zum Klimawandel bei. Allerdings
setzen deren Regierungen auf Zeit. Sie erwarten Ressourcentransfers.
Dies verstärkt auch alte Probleme des ‚Rent-Seeking‘.
Integrated assessment models (IAMs) form a prime tool in informing about climate mitigation strategies. Diagnostic indicators that allow comparison across these models can help describe and explain differences in model projections. This increases transparency and comparability. Earlier, the IAM community has developed an approach to diagnose models (Kriegler (2015 Technol. Forecast. Soc. Change 90 45–61)). Here we build on this, by proposing a selected set of well-defined indicators as a community standard, to systematically and routinely assess IAM behaviour, similar to metrics used for other modeling communities such as climate models. These indicators are the relative abatement index, emission reduction type index, inertia timescale, fossil fuel reduction, transformation index and cost per abatement value. We apply the approach to 17 IAMs, assessing both older as well as their latest versions, as applied in the IPCC 6th Assessment Report. The study shows that the approach can be easily applied and used to indentify key differences between models and model versions. Moreover, we demonstrate that this comparison helps to link model behavior to model characteristics and assumptions. We show that together, the set of six indicators can provide useful indication of the main traits of the model and can roughly indicate the general model behavior. The results also show that there is often a considerable spread across the models. Interestingly, the diagnostic values often change for different model versions, but there does not seem to be a distinct trend.
Wie Klimaschutz finanzieren?
(2012)
Zur Finanzierung von Klimaschutz müssen öffentliche Mittel gezielt
eingesetzt werden. Dies beinhaltet auch die Rahmenbedingungen für
private Finanzströme signifikant zu verbessern. Anhand einer Problemanalyse
bestimmen die Autoren Eckdaten für diese Hebelwirkung.
Öffentliche Anschubfinanzierung kann somit die Grundlage für private
Investitionen sein. Dies wird exemplarisch an der Internationalen
Klimaschutzinitiative des Bundesumweltministeriums diskutiert.
Abschied von KyotoPlus?
(2012)
Die Ergebnisse des Klimagipfels von Kopenhagen sind eine bittere
Enttäuschung für die EU. Ihr ist es nicht gelungen, ihren Führungsambitionen
beim globalen Klimaschutz gerecht zu werden und die
Konferenz zur Weichenstellung für ein rechtsverbindliches Klimaabkommen
nach 2012 zu nutzen. Damit steht die Union vor grundlegenden
strategischen Fragen zum Kurs ihrer Klimapolitik.
Klimapolitik am Ende?
(2012)
The Clean Development Mechanism (CDM) is a prominent example of the mix of public and private authority in global climate policy-making. While national governments hold the supreme authority in the CDM, the oversight and daily supervision of the project-based mechanism have been delegated via an intergovernmental body to private corporations that evaluate the environmental performance of individual CDM projects. By focusing on the CDM as a particular instance of private authority in global climate governance, this article analyses the consequences associated with the delegation of authority to private actors. The article critically assesses the role of private auditing corporations, labelled Designated Operational Entities, in the regulatory framework of the CDM and points to serious trade-offs which accompany the privatisation of authority. The article's findings suggest that the promise of innovative modes of governance to increase the effectiveness of international regulation is seriously compromised by the profit-seeking behaviour of private actors. Hence, the article underscores the need to reconsider the balance between public and private authority in global (climate) governance.
Einleitung
(2012)
In diesem einleitenden Beitrag des Themenschwerpunktes wird der
Hintergrund der internationalen Klimaverhandlungen erläutert und
die Ergebnisse des Kopenhagen-Akkords vorgestellt. Angesichts des
Scheiterns der Kopenhagener Konferenz muss die zeitnahe Schließung
eines rechtlich bindenden, globalen Klimaabkommens als unwahrscheinlich
gelten. Die Klimapolitik wird zukünftig verstärkt auf nationalstaatlicher
und transnationaler Ebene erfolgen.