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Updated: May 20, 2025

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Using net-zero carbon debt to track climate overshoot responsibility.

Setu Pelz1, Gaurav Ganti1,2,3,4,5, Robin Lamboll6,7

  • 1International Institute for Applied Systems Analysis, Energy Climate and Environment Program, Laxenburg A-2361, Austria.

Proceedings of the National Academy of Sciences of the United States of America
|March 24, 2025
PubMed
Summary
This summary is machine-generated.

Current emissions trends will deplete the 1.5 °C carbon budget by 2030. This study introduces "net-zero carbon debt" to assess regional responsibilities for exceeding climate targets and managing future heatwave impacts.

Keywords:
carbon debtimpactsintergenerational equityinterregional equityovershoot

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Area of Science:

  • Climate Science
  • Environmental Policy
  • Climate Equity

Background:

  • Current emissions trajectories project the depletion of the 1.5 °C carbon budget around 2030, leading to a temporary overshoot.
  • Understanding regional responsibilities for exceeding this budget is crucial for effective climate action and equity.

Purpose of the Study:

  • To introduce and apply the concept of 'net-zero carbon debt' to quantify future responsibilities for carbon budget exceedance.
  • To inform the scale of carbon drawdown obligations and regional responsibilities for increased extreme heatwave exposure.

Main Methods:

  • Analysis of vetted mitigation scenarios from the IPCC Sixth Assessment Report and current policy/pledge scenarios.
  • Application of an equal per capita allocation of the remaining 1.5 °C carbon budget from 1990.
  • Calculation of regional 'net-zero carbon debt' based on projected budget breaches at net-zero emissions.

Main Results:

  • Quantification of regional carbon debt, indicating the extent to which each region is expected to exceed its fair share of the carbon budget.
  • Estimation of necessary carbon drawdown obligations for regions to address budget exceedance.
  • Assessment of relative regional responsibilities for increased lifetime exposure to extreme heatwaves due to budget overshoot.

Conclusions:

  • The 'net-zero carbon debt' metric provides a forward-looking approach to climate responsibility and effort-sharing.
  • Findings highlight the need for robust climate equity considerations and mechanisms that extend beyond the exhaustion of the carbon budget.
  • This research strengthens intergenerational equity in climate discourse and informs practical implementation of climate mitigation strategies.