National economic development plans and their contributions to climate goals under the Paris Agreement

Countries often count greater growth, economic development and the fight against poverty and inequality among their priorities, but they also face global challenges related to climate action and the Paris Agreement. In this regard, economic development plans should be aligned with emissions reduction and climate resilience objectives. This report presents an analysis of the extent to which elements of Paris Agreement climate commitments (focusing on nationally determined contributions) are represented in selected national green economic development plans of Group of 20 economies. Ultimately, the analysis seeks to contribute to a better understanding of how national green economic development plans can help to mobilize investments to deliver on nationally determined contributions. The report highlights that improving the alignment of such plans with nationally determined contributions and climate goals is essential to provide investors and development partners with greater clarity and certainty on how national plans and strategies can help to fulfil climate commitments under the Paris Agreement.