Pursuing the 1.5°C limit: benefits and opportunities - 2016 Low Carbon Monitor
The United Nations Development Programme issued a report commissioned by the Climate Vulnerable Forum, independently developed together with climate science and policy institute, Climate Analytics, entitled Low Carbon Monitor at the UN Climate Change Conference at Marrakech (UNFCCC COP 22) that examines benefits and opportunities of limiting warming to 1.5°C as enshrined in the goal of the Paris Agreement on climate change. The report’s key findings include the fact that economic growth as measured by GDP would be 10%, or US$12 trillion higher, if the 1.5°C threshold is held, compared to current policies which would see temperature rise to 3°C or more. The report shows that 1.5°C is feasible, requiring global zero CO2 emissions at mid-century and the investment share of renewable power reaching close to 100% of the energy mix.