CCPI 2022ClimateChange PerformanceIndex JanBurck RESULTS TheaUhlich ChristophBalsMonitoringClimateMitigationEfforts NiklasHohneLeonardoNascimento of60CountriesplustheEU-covering92% JamieWongoftheGlobalGreenhouseGasEmissions GERMANWATCH MSTTTUT CCPI+Res±hx2022CCPI Imprint GermanwatchBonnOfficeKalserstr.201 Authors: JanBurck,TheaUhllch,ChristophBals, D-53113Bonn,GermanyNiklasHohne,LeonarcoNascimento, Ph.:+49(0)22860492-0JamieWong,AnaTamblyn,JonasReuther Fax;+49(0)22860492-19 GermanwatchBerlinOffice Withsupportof: PietervanBreevoort,BjorkLucas, Stresemannstr.72RitikcaTewari,JosephDutton D-10963Berin,Garmany Ph.:+49(0)302888356-0 Fax:+49(0)302888356-1 E-mail:info@germanwatch.orgwww.germanwatch.org Editing: AdamGoulston,TobiasRirn Maps: Ezkqopen Design: GERMANWATCH DietmarPutscher Coverphoto:Shutterstock/greenaperture Ncvember2021 NewClimateInstituteCologneOfficeYoucanfindthispublicationaswell Waidmarkt11a D-50676Cologne,GermanyPh.:+49(0)22199983300 www.ccpi.org NewClimateInstituteBerlinOffice SchonhauserAllee10-11 D-10119Berlin,Germany Ph.:+49(0)030203492742 CXATE INSTTTUTE CAN ClimateActionNetworkInternational Contents Kaiserstr.201 D-53113Bonn,Germany CAN Foreword3 1.HopeforChange4 2.OverallResultsCCPI20226 2.1CategoryResultsGHGEmissions8 2.2CategoryResultsRenewableEnergy10 2.3CategoryResultsEnergyUse12 2.4CategoryResultsClimatePolicy14 3.KeyCountryResults16 4.Netzerotargetsgainsubstantialglobalsupport23 5.AbouttheCCPI26 6.Endnotes28 Annex29 WiththesupportorSouthPolesouthpole wihfinascialsupportfromBarthel theBarthelFoundationStiftung 2 CCPI+Res±hx2022CCPI Foreword Informingtheprocessofraisingclimateambition Publishedannuallysince20-05,theClimateChangePerfor-Inthiscontext,theCCPIhasgainedfurtherrelevanceasa manceIndex(CCPiI)isanindependentmonitoringtoolforlong-standingandreliabletooltoidentifyleadersandlag- trackingtheclimateprotectionperformanceof60coun-gardsinclimateprotection.triesandtiheEU.Everyyear,theCCPIsetsoffimportant publicandpoliticaldebateswithinthecountriesassessed.TneimpactoftheCCPIasaclimateprotectionmonitor- TheCCPIaimstoenhancetransparencyininternationalinganclcommunicationtoolalsodependsonwhetheranc climatepoliticsandenablescomparisonofclimateprotec-howtheindexisusedbyclifferentactors.Wearegladto tioneffortsandprogressmacebyindiviciualcountries.TheseethattheCCPIisincreasinglyusedbyfinancialactors climateprotectionperformanceofthosecountries,whichtoratesovereignbonds.Giventhekeyroleofthefinancial togethieraccountfor92%ofglobalgreenhousegas(GHG)marketindeterminingwhetherinvestmentsaremadein emissions,isassessedinfourcategories:GHGEmissions,high-emissionorlow-emissioninfrastructuresandtech- RenewableEnergy,EnergyUseandClimatePolicy.nologydevelopmentsforshiftingthetrillions.Therefore,theCCPlisanimportanttooltopromotethereallocation Thecountries'commitmentsundertheParisAgreementofinvestmentsbyprovidingcrucialinformationonclimate arestillinsufficient:tolimitglobalwarmingtoamaximumofchangeforEnvironmental,SocialandGovernance(ESG) 1.5°Camoreambitiousclimateactionisurgentlyneeded.ratingsforfinanceactors. UBThesUhlichChristophBals (Germanwatch)(Germanwatch)(Germanwatch) NiklasHohneLeonardoNascimentoTasneemEssop (NewCimateInstitute)(NewClimateInstitute)(ClimateActionNetwork International) Authorsandacknowledgements TheIndexispublishedbyGermanwatch,NewClimatethroughthecontinuedsupportandcontributionsofaround InstituteandtheClimateActionNetwork.TheCCPI'sunique450climateandenergyexperts,Weexpressourgratitude climatepolicysection,evaluatingcountries'nationalandtotheseexpertsandgreatlyappreciatetheirtime,efforts internationalclimatepolicyperformance,isonlypossibleandknowledgeincontributingtothispublication.* 3 CCP·Resshx2022CCPI 1.HopeforChange Howcivilsociety,litigation,andnewbusinessmodels canacceleratethetransformation Theyear2021hasbeenabusyoneforclimatediplomacy.Worlcwide,statesarecommittingtoreachnetzeroby Severalhigh-levelinternationaleventshavetakenplace,mid-century.Ifthesetargetsarewelldesigned,backeclby enhancedNationallyDeterminedContributions(NDCs)subshort-termtargetsandtransparentmeasurements,they mitted,agreementsmade,newscientificreportsreleased.canserveasapowerfulmechanismtokeep1.5°Cinreach. WithnewlyelectedUSpresidentJoeBiden,theUSWithoutimplementationstrategies,however,thetargetsarenothingmorethangreenwashing(alsoseethenet steppedbackontotheclimatestageandre-joinedthe ParisAgreement.InApril,BidenhostedthevirtualLeadersSummitonClimate,inviting40worldleaderstodiscussIncreasingclimateambitionandfinance.Inthiscontext,theUS-governmentsubmittedanewNDCandannounced a5052%emlssionsreductionby2030(comparedwith 2005]andanincreaseinUS-cllmatefinanceto$5.7bilionperyearby2024(attheUNAssemblyInSeptember,Biclen doubledthisto$11.4billion).Thefinancegaptoreachthe promlised$10Obillionofintermationalclimatefinanceperyearfromtheindustrialisedstatestherebydecreased,but itisstillnotclosed. zeroarticleinthisbrochure).Consecquently,thismovement mustbemonitoredcritically,becauseevenifimplementa-tionoccur