The Climate Group, Initiative for Sustainable Energy (ISEP) at the Johns Hopkins School of Advanced International Studies, and the Columbia Center on Global Energy Policy will host a presentation on long term deep decarbonization pathways during Climate Week NYC.
The event will feature the initial findings from ISEP’s recent study of national and subnational governments’ long-term climate action strategies, as well as highlight the work of the Under2Coalition towards assisting their members in developing these strategies. Jurisdictions that have successfully published 2050 Strategies will also be invited to share their experiences. This event will be especially helpful in informing civil society and philanthropic leaders on the best ways to support what is now widely seen as a critical component of implementing the Paris Agreement and meeting the challenge to significantly decarbonize the global economy by mid-century.
The Under2Coalition’s Pathways workstream supports subnational governments in publishing “2050 Strategies.” These strategies require jurisdictions to conduct rigorous analyses outlining the decarbonization pathways that would allow them to achieve their mid-century emissions goals. This exercise exposes jurisdictions to the economic and technological tradeoffs of their short to medium-term investment decisions. While a handful of national and subnational jurisdictions have published 2050 Strategies, there is much to learn on the effectiveness of these efforts.
ISEP’s study complements the work of the Under2Coalition. With a better understanding of the positive benefits of 2050 Strategies and the elements necessary to develop an effective Strategy, more jurisdictions can be compelled to take on this important effort while also ensuring that the effort itself is worthwhile.