Technology & Data

New Dataset Tracks Sovereigns’ Paris Alignment

Fintech firm Iceberg Data Lab has launched a new dataset which monitors the performance of sovereign states against the goals of the Paris Agreement, ahead of the conclusion of the first Global Stocktake at COP28. The stocktake is a tool to evaluate the world’s response to the climate crisis and establish a sustainable path forward. The sovereign states dataset uses each country’s environmental data to project an intrinsic temperature rise and uses advanced modelling capabilities to examine the carbon intensity of each economy, including Scope 3 emissions, to compare nations’ emissions against the Paris Agreement trajectory. According to the dataset, the world’s top 10 biggest emitters – including the USA, China and India – as well as two-thirds of EU countries are not on track. It also projected an average emissions increase of 50% when countries’ Scope 3 emissions are considered. Matthieu Maurin, CEO at Iceberg Data Lab, said: “We’ve worked hard to create Iceberg Data Lab’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. We hope that this encourages governments to scale up their efforts immediately as climate policies are developed, debated, and implemented at this week’s event.” 

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