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Iceberg Data Lab launches dataset on national climate commitments

by Funds Europe
4 December 2023
Iceberg Data Lab launches dataset on national climate commitments
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Iceberg Data Lab, a provider of environmental data solutions, has launched a new dataset assessing the performance of sovereign states against their Paris Agreement commitments.

The dataset arrives as the COP28 Global Stocktake concludes.

This Sovereign States dataset evaluates each country’s environmental data to project potential temperature increases, focusing on the carbon intensity of economies and including Scope 3 emissions.

Scope 3 emissions are often omitted from standard assessments but are crucial for an accurate environmental impact analysis.

Cop28: All eyes on finance and climate action

Key findings from the dataset include:

  • Major global emitters like the USA, China, and India are not meeting the Paris Agreement’s targets.
  • Approximately two-thirds of EU countries are also not aligned with their Paris commitments.
  • When considering Scope 3 emissions, average national emissions typically increase by around 50%.

This dataset aims to provide a comprehensive view of national efforts in relation to climate goals, highlighting the disparity between current national actions and the objectives of the Paris Agreement.

Matthieu Maurin, founder & CEO of Iceberg Data Lab, said, “The conclusion of the ‘global stocktake’ is at the top of the COP28 agenda this year, a key part of holding every country accountable in their progress towards the Paris Agreement targets.

Ireland’s ESG investment market grows to €1.2tn in assets

“As environmental data providers, we believe at Iceberg Data Lab that we also have a responsibility to provide quality, accurate, reliable and transparent data that tracks the performance of our collective and individual climate ambitions. This is why we’ve worked hard to create IDL’s new Sovereign States dataset in time for COP28, which clearly demonstrates that nations are not cutting emissions fast enough and that it is crucial for Scope 3 to be more widely considered.”

© 2023 funds europe

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