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2023 Production Gap Report

2023 Production Gap Report:

The 2023 Production Gap Report, authored by SEI (Stockholm Environment Institute), Climate Analytics, E3G, IISD, and UNEP, reveals a concerning trend where governments intend to produce approximately 110% more fossil fuels by 2030 than is consistent with limiting global warming to 1.5°C.

  • Production Gap quantifies the difference between the projected extraction of coal, oil, and gas (fossil fuels) by governments and the global production levels required to meet climate goals, particularly those outlined in the Paris Agreement (warming to 1.5°C or 2°C)
  • Findings: Major countries, including Australia, Brazil, Canada, China, India, and the UAE, are projected to increase global coal production by 2030 and oil and gas production until at least 2050.