Reduction targets and abatement costs of developing countries resulting from global and developed countries’ reduction targets by 2050: Fid-Bau Portal

Reduction targets and abatement costs of developing countries resulting from global and developed countries’ reduction targets by 2050

den Elzen, Michel G. J. / Beltran, Angelica Mendoza / Hof, Andries F. / van Ruijven, Bas / van Vliet, Jasper

Abstract

Abstract The European Union (EU) has advocated an emission reduction target for developed countries of 80% to 95% below the 1990 level by 2050, and a global reduction target of 50%. Developing countries have resisted the inclusion of these targets in both the UN Framework Convention on Climate Change Copenhagen Accord and Cancún Agreements. This paper analyses what these targets would imply for emission targets, abatement costs and energy consumption of developing countries, taking into account the conditional emission reduction pledges for 2020. An 80% reduction target for developed countries would imply more stringent per capita emission targets for developing countries than developed countries by 2050. Moreover, abatement costs of developing countries would be higher than those of developed countries. An 85% to 90% reduction target for developed countries would result in similar per capita emission targets and abatement costs for developed and developing countries by 2050. Total reduction targets for developing countries would range from 30% to 40% below 2005 levels by 2050 and from 30% to 35% above 2005 levels by 2030. The 2030 target for China would be 40% to 45% above 2005 levels, compared to a target for the EU of 45% to 50% below 1990 and for the United States of America (USA) 30% to 35% below 1990. Emission target trajectories for Brazil, South Africa and China would peak before 2025 and for India by around 2025. From the analysis, we may conclude that from the viewpoint of developing countries either developed countries increase their target above 85%, and/or make substantial side-payments.