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OECD
Digital Economy Outlook 2024
Strengthening connectivity, innovation and trust
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Volume 2 of the OECD Digital Economy Outlook 2024 explores emerging priorities, policies and governance practices across countries. It also examines trends in the foundations that enable digital transformation, drive digital innovation and foster trust in the digital age.
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Progress in national climate policy efforts remains insufficient to achieve 2030 targets
Nationally Determined Contributions (NDCs) currently commit to a collective reduction in greenhouse gas emissions of only 14% by 2030, compared to 2022 levels, in countries covered by IPAC which produce over 80% of global GHG emissions. This is well short of the estimated 43% global emission reduction needed to limit global warming to 1.5° Paris Agreement goal according to the Intergovernmental Panel on Climate Change (IPCC).
Net-zero targets may not be fulfilled, as most current commitments lack a legal basis on which to be enforced. As of August 2024, 110 countries have pledged a net-zero target for 2050 and beyond, covering about 88% of global GHG emissions. However, only 27 countries and the EU, representing 16% of global GHG emissions, have enshrined these targets into law.
