In the 2016 Paris Agreement, nations around the world committed to capping the increase in the average global temperature to 2ºC [3.6ºF] by 2050. Experts debate whether countries, individually or cooperatively, can meet this aggressive target. In this incisive overview for policy makers and business leaders, Boston Consulting Group professionals report on their examination of carbon reduction strategies for the seven heaviest-polluting countries. They find that nations acting alone can achieve substantial progress on environmental goals, with significant economic rewards in tow, and the sooner they take action, the greater their gains.
In this summary, you will learn
- What cuts to carbon emissions the 2016 Paris Agreement requires,
- How the major polluting countries acting separately can achieve much of that reduction and
- Why reaching the full 2050 target levels will be difficult without global collaboration.
About the Authors
Jens Burchardt et al. are professionals at the Boston Consulting Group.