Comparing Transformation Pathways Across Major Economies
This paper aims at providing an overview of the transformation pathways for the seven largest greenhouse-gas (GHG) emitting regions and countries in the world, in line with their contributions to limiting global average temperature increase to well below 2oC as compared to pre-industrial levels. We introduce the methodology for developing these pathways by initially discussing the iterative process by which global integrated assessment models (IAMs) initiated discussions by suggesting boundary conditions in the form of carbon budgets for different regions and countries. The carbon budgets subsequently agreed upon were then used in eleven different regional and national energy-economy models and IAMs for deriving low-carbon pathways in line with a well-below-2oC world. We present a comparative assessment of the resulting regional and national pathways, and of the challenges and opportunities associated with them.