World Resources Institute (WRI)
Climate Impact & Sustainability Data (2010-2020)
Reporting Period: 2010-2020
Environmental Metrics
Renewable Energy Share:25.3% in 2018
ESG Focus Areas
- Climate Change
Environmental Achievements
- Increased share of renewables in electricity generation from 19.7% in 1990 to 25.3% in 2018; renewables accounted for 72% of new capacity additions in 2019.
- Significant growth in green bond issuance from less than $10 billion in 2012 to $258 billion in 2019.
Social Achievements
- Growing number of cities and regions committing to climate action (10,984 cities and regions by November 2020).
- Increased number of companies taking science-based climate action (989 companies by September 2020).
Governance Achievements
- 103 countries representing 38.4% of global GHG emissions committed to enhancing their NDCs in 2020.
- 19 Parties representing 26.5% of global GHG emissions submitted long-term strategies by November 2020.
- 20 countries and the European Union adopted net-zero targets by September 2020.
Climate Goals & Targets
Long-term Goals:
- Limit global warming to 1.5°C.
Medium-term Goals:
- Reach net-zero emissions by midcentury.
Short-term Goals:
- Halve global greenhouse gas emissions by 2030.
Environmental Challenges
- Rate of change in most sectors is too slow to meet 1.5°C warming goals.
- Global emissions showed no recent signs of peaking before the temporary decline caused by the COVID-19 pandemic.
- Climate finance flows fall short of what is needed to meet temperature goals.
- Fossil fuel subsidies are not being phased out fast enough.
- High levels of deforestation and insufficient reforestation.
- Growing demand for energy in buildings and transport.
Mitigation Strategies
- Countries are invited to update their NDCs and develop long-term strategies.
- Recovery packages from the COVID-19 pandemic could be used to accelerate the transition to a low-carbon economy.
- Increased investment in renewable energy, energy efficiency, and adaptation measures.
- Phasing out fossil fuel subsidies.
- Accelerating the deployment of low-carbon technologies and strategies.
Supply Chain Management
Climate-Related Risks & Opportunities
Physical Risks
- Extreme weather events
- Fires
- Droughts
- Heat waves
- Flooding
Transition Risks
- Stranded assets
- Regulatory changes
- Market shifts
Opportunities
- Development of low-carbon technologies
- Renewable energy
- Energy efficiency