Production Gap Report 2023

Recently, the 4^th edition of the Production Gap Report was issued (1^st in 2019).

Prepared by – Stockholm Environment Institute (SEI), Climate Analytics, E3G, and the International Institute for Sustainable Development (IISD) and the UN Environment Programme (UNEP).
It is externally peer-reviewed, with additional guidance from UNEP and review by the UNFCCC’s government focal points.
Objective – To assess?the production gap (discrepancy between governments’ planned/projected fossil fuel production and global production levels consistent with limiting warming to 1.5°C or 2°C)
2023 report – It provides newly expanded country profiles for 20 major fossil-fuel-producing countries, including India.
It provided for new mitigation scenarios database and changes in government plans and projections since August 2021.
Tagline for 2023 – ‘Phasing down or phasing up? Top fossil fuel producers plan even more extraction despite climate promises’.

Soon after the release of the 2021 Production Gap Report, governments agreed to accelerate efforts towards “the phasedown of unabated coal power” at the 26th COPto the UNFCCC in Glasgow.

Findings of the report

Almost 90% of global carbon dioxide emissions come from fossil fuels, rising to record high in 2021–2022.
There will be increased global coal production until 2030, and increased global oil and gas production until at least 2050.
The global production gap has remained largely unchanged since 2019.
While 17 of the 20 countries profiled have pledged to achieve net-zero emissions, none have committed to reduce coal, oil, and gas production in line with limiting warming to 1.5°C.

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