PARLIAMENTARY OVERSIGHT OF EXTRACTIVES RESOURCES AND CLIMATE CHANGE POLICIES
CAPACITY GAP ASSESSMENT STUDY
In a bid to align with the obligation of the 2015 Paris Agreement to limit global warming to well
below 2 Degrees Celsius, ideally 1.5 Degrees compared to pre-industrialised levels, more and
more countries are introducing strategies to reduce their national emissions of greenhouse
gases (GHGs) over the coming decades. Several countries have enacted laws and policies that evidence
their commitment to reduce greenhouse gases or have announced dates until which they aim
to become carbon neutral.
Interestingly, this also includes more and more low and middle-income countries that still
have trajectories of significant industrial and economic growth ahead of them. Therefore, the
energy transition shift is not only a shift to decarbonise existing economies but also to enable
industrialization and economic growth based on low-carbon technologies.