Carbon Lock-In Curves And Southeast Asia: Implications For The Paris Agreement

Document summary

Carbon Lock-in Curves (CLICs) analysis can be used to assess current and planned assets globally, within regions, within countries, and within companies. Investor portfolios and bank loan books which contain these assets can be assessed, meaning that groups can no longer make unsubstantiated claims about how their assets or investments are aligned with climate change mitigation or the Paris Agreement. Using CLICs claims can be verified and evaluated objectively and transparently, and this is essential if we are to move the power other sectors, towards net zero carbon emissions. This report presents a case study which applies CLICs to analyse Southeast Asia's current and planned fossil fuel generation assets. It finds that around 84 percent of these assets are incompatible with a Paris Agreement aligned carbon budget.