The low-hanging fruit waiting in Paris

Increasing climate ambition is cheaper than not

Key recommendations made in this paper:

  • Developed nations to use UN-approved carbon certificates – based on systems available today – to
    increase climate ambition by 28% from existing pledges
  • Focus efforts onto the delivery of solar and wind energy in developing countries, currently unfunded
    under national climate plans (INDCs)

Key outcomes as a result:

  • Developing countries receive $400 billion in additional investment in energy infrastructure between now
    and 2025, resulting in over millions of new jobs and enhanced energy security and independence
  • Developed nations to save more than $160 billion (present value) 2016-2040 due to early climate action
  • Investors the world over in new fossil fuel plants to be saved billions in asset write-downs after 2030