With climate change high on this year’s G20 agenda, along with green finance, the report “Brown to Green: Assessing the G20 transition to a low-carbon economy” looks at a range of indicators on climate action, including investment attractiveness, investment in renewable energy, climate policy, the carbon intensity of both the energy and electricity sectors of the G20 economies, of their fossil fuel subsidies and their contributions to climate finance.
The G20 needs to make more effort to move to a green, low-carbon economy, especially in the areas of coal power expansion and climate policy, but is beginning to head in the right direction.
The “Brown to Green” Report draws on publicly available information and makes use of the assessment work of the Climate Action Tracker (CAT) (operated by NewClimate Institute, Climate Analytics, Ecofys and the Potsdam Institute for Climate Impact Research), Germanwatch’s Climate Change Performance Index (CCPI) and the Overseas Development Institute (ODI). It summarises and compares the findings presented in each G20 country profile.