What’s new in this year’s report?
2023 Production Gap Report: “Phase Down or Phase Up? Major Fossil Fuel Producers Plan More Extraction Despite the Potential of Climate Change.” We found that governments plan to produce around 110% more fossil fuels in 2030 than if they limit warming to 1.5°C and 69% more than if they limit warming to 2°C.
The report provides new and expanded country profiles for 20 major fossil fuel producing countries: Australia, Brazil, Canada, China, Colombia, Germany, India, Indonesia, Kazakhstan, Kuwait and Mexico. , Nigeria, Norway, Qatar, Russian Federation, Saudi Arabia, South Africa, United Arab Emirates, United Kingdom of Great Britain and Northern Ireland, and the United States of America. These profiles show that most of these governments continue to provide significant policy and financial support to fossil fuel production.
“We cannot address climate change unless we address its root cause: our dependence on fossil fuels. COP28 sends a clear signal that the fossil fuel era is running out of gas – its end is inevitable.” We need credible commitments to increase renewable energy, phase out fossil fuels and improve energy efficiency, while ensuring a just and equitable transition,” said UN Secretary-General António Guterres. Stated.