1、Net Zero Economy Index 2024Incremental progress made,exponential change requiredContents132 Executive summary 2024 analysis Metrics and methodologyContentsPrevious pageExecutive summaryReduction in carbon intensity stalls to lowest level in over a decadeA global decarbonisation rate of just 1.02%in

2、2023 refmects a troubling stall in the progress we have made in decoupling economic growth from emissions.This latest fjnding from our Net Zero Economy Index shows the smallest decrease in carbon intensity since 2011.Sluggish progress comes as global temperatures edge dangerously close to the 1.5C t

3、hreshold,with temperatures in 2023 averaging 1.43C above pre-industrial levels.The fjndings suggest the decarbonisation rate required to keep global warming within 1.5C has surged to 20.4%per year.For context,the largest annual rate of decarbonisation achieved by any G20 country in the history of ou

4、r analysis is 11.08%,by France in 2014.Theres a growing consensus:overshooting 1.5C is a likely reality1.Limiting warming to 2C-the lowest end of the Paris Agreements ambition-would also require a step change from the incremental annual progress we are seeing,with an annual decarbonisation rate of 6

5、.9%needed.1 IEA(2023),Credible pathways to 1.5C;UNEP(2022),Emissions Gap Report 2022;IPCC(2021),Sixth Assessment Report;WBCSD insights(2023),Carbon removals:why a portfolio approach is key to achieving climate goals.2 Eurostat(2022),Climate related economic losses-EU Losses from climate change betwe

6、en 2013-2017 were$95 billion(Conversion 1=$1.11);UNEP(2023),About Loss and damage3 IPCC(2019),Global warming of 1.5C-Avoided damages includes costs related to both direct economic impacts and the need for adaptation4 Science(2022),Exceeding 1.5C global warming could trigger multiple climate tipping