A repository of sector-specific decarbonisation benchmarks informing 1.5°C-aligned corporate climate action

publication) with minimal role of CCS ▪ Share of fossil gas: 0-1% ▪ Share of fossil gas: 5-7% 2023 State of Climate Action for ▪ Carbon intensity: 48- ▪ Carbon intensity: 2- ▪ Carbon intensity: electricity generation 80 gCO2/kWh 6 gCO2/kWh <0 gCO2/kWh using BECCS 1.5°C compatible scenario, global scope ▪ Share of zero-carbon ▪ Share of zero-carbon ▪ Share of zero-carbon sources in electricity sour. [...] ▪ Developed countries need ▪ Developing countries need ▪ Carbon intensity: to phase out coal to phase out coal and <0 gCO2/kWh using BEECS unabated gas with minimal ▪ Carbon intensity: 50- ▪ Share of zero-carbon role of CCS 125 gCO2/kWh sources: 98-100% ▪ Carbon intensity: 5- ▪ Share of zero-carbon ▪ Share of unabated coal: 25 gCO /kWh using BEECS sources: 74-92% 2 0% ▪ Share of zero-carbon ▪ Shar. [...] iv–v) 2030 below 2020 by 2050 ▪ Production volume of gas: 30% reduction of gas production below 2020 by 2030 Scope 1 Net-Zero 1.5 Sectoral Pathways for global oil ▪ Oil & gas fields: No new ▪ Emission reductions ▪ Emission reductions ▪ Emission reductions and gas utilities oil and gas fields approved below 2019 levels for oil: below 2019 levels for oil: below 2019 levels for oil: for development b. [...] ▪ Emission reductions below 2019 levels for gas: 4% by 2025 Scope 2 Net-Zero 1.5 Sectoral Pathways for global oil ▪ Emission reductions ▪ Emission reductions ▪ Emission reductions ▪ Emission reductions and gas utilities below 2019 levels for oil: below 2019 levels for oil: below 2019 levels for oil: below 2019 levels for oil: 7% by 2025 26% by 2030 75% by 2040 81% by 2050 (Teske, 2022, p. [...] below 2019 levels for gas: below 2019 levels for gas: below 2019 levels for gas: below 2019 levels for gas: 4% by 2025 14% by 2030 52% by 2040 94% by 2050 Scope 3 Total Net-Zero 1.5 Sectoral Pathways for global oil ▪ Emission reductions ▪ Emission reductions ▪ Emission reductions ▪ Emission reductions and gas utilities below 2019 levels for oil: below 2019 levels for oil: below 2019 levels for oil.