Fair Share
Fair Share
Argentina's unconditional commitment falls into the very lower end of the “Critically insufficient” category, close to the border with the "Highly insufficient" category, and without qualifying factors would result in such a rating. In this case, Argentina has an additional conditional target of limiting emissions to no more than 369 MtCO2e including LULUCF by 2030 (or to 310 MtCO2e excluding LULUCF) which is the upper end of the CAT’s “Insufficient” range. Based on the CAT's assessment of the present positive direction of the political and policy discussion in Argentina leads us to rate Argentina in the lower emissions category of “Highly insufficient”, rather than “Critically insufficient”.
A second argument for giving Argentina this higher rating could be the revision of the NDC, in which Argentina transparently shared the details of their mitigation target in the updated version of their NDC, putting forward an absolute target (i.e. an absolute limit to their emissions growth as opposed to reductions below business-as-usual, or an intensity target). The updated NDC increased the mitigation target both in absolute and relative terms, compared to the first NDC submitted. We consider these actions as good practices that increase the robustness of the commitment.
The “Highly insufficient” rating indicates that Argentina’s climate commitment in 2030 is not consistent with holding warming to below 2°C, let alone limiting it to 1.5°C as required under the Paris Agreement, and is instead consistent with warming between 3°C and 4°C: if all countries were to follow Argentina’s approach, warming could reach over 3°C and up to 4°C. This means Argentina’s climate commitment is not in line with any interpretation of a “fair” approach to the former 2°C goal, let alone the Paris Agreement’s 1.5°C limit.
If Argentina decided to increase its ambition by turning its conditional target into an unconditional one, the country would move to the “Insufficient” rating under the CAT assessment. Commitments with this rating are in the least stringent part of their fair share range and not consistent with holding warming below 2°C let alone with the Paris Agreement’s stronger 1.5°C limit. If all government targets were in this range, warming would reach over2°C and up to 3°C.
The CAT ratings are based on climate commitments in (I)NDCs. If the CAT were to rate Argentina’s projected emissions levels in 2030 under current policies, we would rate Argentina “Critically insufficient”.
For further information about the risks and impacts associated with the temperature levels of each of the categories click here.
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