Briefing and Factsheet

Short briefing which calculates, based on methodology developed by the London School of Economics, what the costs of action and inaction would be for several EU scenarios. The briefing finds that current policies would lead to a GDP loss of 7.11%/year by 2100, while implementing the Fit for 55 proposals would lead to an annual loss of 2.58%. Opting for a real 1.5°C compatible pathway on the other hand would lead to an increase of GDP of 0.84%. The benefits of increasing ambition are thus also important in economic terms. In particular for future generations as they will foot the bill of our inaction.

Defining 1.5°C compatible CO₂ targets and climate finance responsibilities for a range of European countries
This briefing aims to contribute to the discussion on the potential application of carbon budgets in the policy debate by identifying both emission reduction targets and climate finance responsibilities for 42 European countries based on a 1.5°C compatible global carbon budget.

The aim of the 1.5°C Pathways for Europe Project is to derive Paris Agreement compatible emissions and energy mix pathways for key European countries. The project seeks to highlight existing scenarios that demonstrate that a very high level of ambition on climate and energy policy is possible for the European Union. Here are presented such possible pathways for Sweden.