Table 1 Institutional scenario characteristics—claims, time horizon and gas coverage.

From: Institutional decarbonization scenarios evaluated against the Paris Agreement 1.5 °C goal

Institution (Scenario)

Scenario claim

Scenario endpoint

Gas coverage

Equinor19 (Rebalance)

The stated cumulative emissions starting from 2018, through to 2050, are assumed to be 740 Gt CO2 in this scenario and this is claimed to be consistent with holding warming well below 2 °C.

2050

Energy CO2

Shell15 (Sky 1.5)

The carbon budget for this scenario is assessed to be relatively higher than IPCC estimates (747 Gt CO2), yet it is still claimed to be consistent with holding warming to 1.5 °C in 2100 with a high temporary overshoot.

2100

Energy CO2

Industrial Process CO2

AFOLU CO2

CH4

N2O

HFCs

PFCs

SF6

BP16 (Rapid)

This scenario is assessed to be consistent with scenarios that hold warming well below 2 °C in 2100. The assessment is performed by comparing the relative reduction in CO2 emissions from energy use.

2050

Energy CO2

BP16 (Net Zero)

This scenario is assessed to be consistent with scenarios that hold warming to 1.5 °C. The assessment is performed by comparing the relative reduction in CO2 emissions from energy use.

2050

Energy CO2

IEA17 (SDS)

The IEA presents a conditional assessment for the warming outcome of the scenario. If emissions stay at zero after 2070 the scenario is claimed to hold warming to 1.65 °C or less and this is assessed to be consistent with holding warming well below 2 °C. If net-negative emissions are deployed, warming under the SDS is assessed to be below 1.5 °C with a 50% chance in 2100.

2040

Energy and Industrial Process CO2

IEA18 (NZE)

The IEA presents a conditional assessment for the warming outcome of the scenario. Assuming a proportional reduction in non-CO2 emissions, the scenarios is assessed to be consistent with a 50% chance of holding warming below 1.5 °C without a temporary overshoot.

2050

Energy and Industrial Process CO2