Global emissions: -5% per year now, or... impossible later?

Note d'analyseGiving ourselves a chance to limit global warming to +2°C implies that global greenhouse gas emissions must be reduced by a yearly 5% starting from 2018. Delaying action any further, means making this already significant challenge virtually impossible to meet. If we wait for 2025, for example, the pace of emissions reductions would have to reach no less than 10% per year. Unrealistic: this equates to halving global emissions over a period of 7 years, as is set out in a briefing paper published by think tank The Shift Project in the wake of COP22. Files:  …


The Shift Project is launching the OBSERVATORY 173 ON CLIMATE & LIFE INSURANCE, which will assess annually from the second quarter of 2017 how well climate risks are taken into account and managed by the life insurance sector in France.                     Files:  pr_observatory_173_on_climate__life_insurance_the_shift_project.pdf pm_observatorium_173_fur_klima_und_lebensversicherung_the_shift_project.pdf cp_observatoire_173_climat_-_assurance_vie_the_shift_project.pdf …

Matthieu Auzanneau appointed director of The Shift Project

Matthieu Auzanneau was appointed Director of the think tank The Shift Project on October 1st 2016. He replaces Cédric Ringenbach, who will now be dedicating his expertise on climate and energy transition issues to teaching.


Implementing a carbon price corridor in the European Union Emissions Trading System (EU ETS) in order to give a clear and predictable price-signal for investors: the main conclusion from the task force (the Canfin Grandjean-Mestrallet Commission) is in line with recommendations The Shift Project has been promoting for the past two years.

Business needs predictable carbon prices - a look back at exclusive session held at Business & Climate Summit

The Shift Project, in partnership with the World Bank, the Carbon Pricing Leadership Coalition, the World Economic Forum and CDP convened business and political leaders for an exclusive panel on carbon pricing at the Business & Climate Summit on June 29th. Bringing the perspective of various sectors and governing bodies to the debate, speakers highlighted the need to harmonize carbon pricing policies and making price signals more predictable.

Why a carbon price corridor is not a tax

The Shift Project publishes a study dismissing the legal risk that a carbon price corridor could lead to a requalification of the European Union's Emissions Trade System as a tax. The study concludes that there is no legal impediment or procedural risk in adopting a carbon price corridor.  

Making sure the ECB doesn't finance CO2 emissions

Michel Lepetit, Vice-President of the Shift Project, published a paper in the French daily Le Figaro, explaining the strong link between ECB's investments and CO2 emissions in the EU, and highlighting the risks posed by the "no limit" approach on currency interventions and by the roll-out of multiple economic instruments.

Achieving European climate goals via a carbon price corridor

The Shift Project recommends an auction reserve price on CO2 emission allowances: "a carbon price corridor" within the EU ETS to favour low-carbon investments.  

Carbon Pricing: The Shift Project welcomes Ségolène Royal’s support

The Shift Project was delighted to hear French Minister of Ecology Ségolène Royal call for the implementation of carbon pricing in terms similar to the Shift’s recommendations.

Well done for the Paris agreement: now let’s get to work!

The long awaited Paris Agreement can be considered a great historic victory. Despite the regrettable vagueness about emission reduction by 2100, the Agreement does give strong signals that encourage a move towards tomorrow's low-carbon society: reviewable national goals, a global goal to remain below the recommended 2 ° C, transparency, financing, adaptation, and assessing loss and damage due to climate change.