ACT 2015

The Agreement for Climate Transformation 2015 (ACT 2015) has been launched by the World Resources Institute and partner organisations to foster the preparations for an ambitious climate deal in 2015. It is a global consortium of top experts from institutions from developing and developed countries, including Ecofys, E3G, Tsinghua University, the Philippines’ Ateneo School of Government, and more.

The project team identified options for the 2015 international climate agreement and provided three overall propositions for such an agreement. We consult on these options with stakeholders and governments to ultimately put forward a proposal of what an effective, global climate agreement would look like. The goal is for this proposal to inform and support countries’ engagement in the international climate negotiations, and ultimately, help the world rise to the climate change challenge before it.

One focus of the activities of Ecofys is to analyse (together with PBL) the implications of the proposals for greenhouse gas emissions, the economy and the climate. We find that staying on the world’s current emissions trajectory will cost 3.5-4 percent of global GDP by 2100 and then continue to rise, thanks to damages incurred by unmitigated sea level rise, extreme weather, and other impacts. On the other hand, a draft paper from ACT 2015 lays out three ways countries can forge an international climate action plan that limits global temperature rise to 2°C. These strategies would only cost about 1.5-2 percent of global GDP by 2100 - factoring in mitigation and adaptation costs, damage caused by climate impacts and some co-benefits - and would yield further economic benefits over the long term.  

Find more information on the analysis in this blog and on the initiative at: wri.org