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  •  Responsibility
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  •  Incremental costs of climate action
    • Assuming a total global mitigation cost of $1,100 billion (1.0% of GWP), this yields a global average incremental mitigation cost of $39 per tonne CO2e in 2030.

  •  Kyoto obligations
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Use the controls to the left to change the parameter values and see the implications for national fair shares.

Country/region report in 2030 for Peru

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Global mitigation pathway: 1.5℃ pathway Responsibility weight: 0.5 Development threshold: $7,500
Progressive between thresholds: yes Luxury threshold: $50,000 Mult. on incomes above lux. thresh.: 1.0
Include emiss. embodied in trade: no Include non-CO2 gases: yes Include land-use emissions: yes
Cumulative since: 1850 Mitigation cost as % GWP: 1.0% Adaptation cost as % GWP: 1.0%
Use mitigation smoothing: yes Kyoto adjustment: none Emissions elasticity: 1.0
\n 1990 2000 2010 2020 2030 0 50 100 150 200 MtCO2e

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Baseline Emissions
GHG emissions baselines (these are *not* business-as-usual pathways) are calculated as counter-factual non-policy baselines. The method applies recent improvements of carbon intensity to GDP forecast estimates. GDP estimates based on national data from the IMF's Worls Economic Outlook (WEO) for the next 5 years and then on regional data from IPCC (Fifth Assessment Report) through 2030. See Definition, sourcing, and updating of the emissions baselines for details.
"Fair share" allocation
National allocation trajectory, as calculated for Peru using the specified pathways and parameters. The mitigation implied by this allocation can be either domestic or international – The Climate Equity Reference Project effort-sharing framework says nothing about how or where it occurs.
Domestic emissions
An example domestic emissions pathway for Peru, one that’s consistent with the selected parameters. This pathway does not describe the national fair share. Rather it is shown as a guide to thought. In this example, domestic emissions (the dotted green line) decline (relative to national BAU) at the same rate that global emissions decline below the global BAU. In the real world, a national domestic emissions trajectory will depend on the cost of domestic mitigation relative to the cost of mitigation in other countries, and on its chosen participation in international mechanisms for providing or receiving financial and technological support for mitigation.
Domestically-funded mitigation
Mitigation funded by Peru and carried out within its own borders. The fraction of a country's mitigation fair share that is discharged domestically is not specified by the CERP effort-sharing framework, but is rather a result of the international cost and mitigation sharing arrangements that it chooses to participate in.
Mitigation funded by other countries
Mitigation funded other countries, but carried out within the borders of Peru. The CERP effort-sharing framework currently assigns the "credit" for this mitigation to the funder, but of course the terms of the mitigation would be as negotiated with the host country.

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Fair shares
Peru baseline emissions, projected to 2030 183 MtCO2e
Global mitigation requirement below global baseline, projected to 2030(A)27,821 MtCO2e
Peru share of global Responsibility Capacity Index in 2024 to 2030 period(B)0.11%
Peru mitigation fair share, projected to 2030(A × B) 
as tonnes below baseline 30 MtCO2e
as tonnes per capita below baseline 0.8 tCO2e/cap
as percent below baseline 16%
Averagge per capita fair share of global costs, expressed in financial terms 
Mitigation costs (assuming incremental global mitigation costs = 1.0% of GWP) $33
Adaptation cost (assuming global adaptation costs = 1.0% of GWP) $33
 
Peru 1990 emissions 169 MtCO2e
Peru emissions allocation, projected to 2030  
as tonnes 153 MtCO2e
as tonnes per capita 4.2 tCO2e
as percent of 1990 emissions 90%
as percent below 1990 emissions 9.8%
 

Data version: 7.3.3 (last change to database: 26 Mar 2024 12:51:44 PDT, fw-sql3--oJSiUr)
Calculator version: 3.0.1 (engine); 3.2.0 (cerc-web)