Our planet is dangerously close to crossing the 1.5˚C temperature guardrail, and current actions are not far or fast enough to prevent the worst impacts of climate change. Countries remain reluctant to scale up their climate actions and ambitions, fearing harm to their economies. This jeopardises the future of both our planet and its people.
As nations prepare their next round of climate commitments with their Nationally Determined Contributions (NDCs), now is the opportunity to change this trajectory. With support from the German Federal Foreign Office, the OECD and UNDP have joined forces under an initiative to demonstrate that investing in robust climate action fosters better growth for all.
Strong national climate commitments, supported by solid implementation and investment plans, are key to mobilising the finance needed for a low-carbon, resilient economy, especially in emerging and developing countries. The initiative will produce a report for release in mid-2025 that will help countries design and implement NDCs that attract investment and place people at the heart of climate action.
