Iceberg Data Lab has announced the launch of a new dataset which looks at the performance of sovereign states against the Paris Agreement commitments.
The Sovereign States dataset uses each country’s environmental data to project an intrinsic temperature rise. Iceberg examines the carbon intensity of each economy, including Scope 3 emissions, to create an accurate picture of how world nations fare against the Paris trajectory.
The firm’s findings include:
The world’s top 10 biggest emitters, including the USA, China and India are not on track with the Paris trajectory, and nor are two-thirds of EU countries.
When Scope 3 emissions are considered, a country’s average emissions increase by an average of 50%.
The results were calculated by examining each country’s:
• National GHG emissions / GDP (tCO2e/m EUR)
• National GHG Emissions + fossil fuels imports / GDP (tCO2e/m EUR)
• National GHG emissions (k tCO2e); National GHG emissions + fossil fuel importation (k tCO2e)
• Share of low carbon energy in primary energy consumption (inc Nucl)
• Share of low carbon energy in primary energy consumption (excl Nucl).
Matthieu Maurin, Founder & CEO of Iceberg Data Lab, says, “The conclusion of the ‘global stocktake’ is at the top of the COP28 agenda this year, a key part of holding every country accountable in their progress towards the Paris Agreement targets. As environmental data providers, we believe at Iceberg Data Lab that we also have a responsibility to provide quality, accurate, reliable, and transparent data that tracks the performance of our collective and individual climate ambitions. This is why we’ve worked hard to create IDL’s new Sovereign States dataset in time for COP28, which clearly demonstrates that nations are not cutting emissions fast enough, and that it is crucial for Scope 3 to be more widely considered. We hope that this encourages governments to scale up their efforts immediately as climate policies are developed, debated, and implemented at this week’s event.”
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