Outlook 2025: NDCs – critical roadmaps for climate investment
If they are ambitious enough, NDCs can provide investable pathways to deliver each country’s energy transition and keep the world on track to limit global warming
Nationally Determined Contributions (NDCs) are powerful tools in the global effort to combat climate change. NDCs are the crucial mechanism, established by the Paris Conference, through which countries commit to voluntary national actions to reduce emissions in line with the global objective of limiting global warming to well below 2C and as close as possible to 1.5C. Countries are required to submit ratcheted NDCs every five years, and the next submissions are due in early 2025. These new NDCs must do more to unlock large-scale investments in the clean technologies needed for the future. In 2024, the IEA estimates that approximately $2t will be spent on the clean energy transition. However,
Also in this section
28 November 2025
The launch of the bloc’s emissions trading system in 2005 was a pioneering step, but as the scheme hits 21 its impact as a driver of decarbonisation is still open to debate
18 November 2025
Vicki Hollub, president and CEO of Occidental, has been selected as the 2026 recipient of the Dewhurst Award, the highest honour bestowed by WPC Energy. The Dewhurst Award celebrates exceptional leadership, groundbreaking innovation and a lifetime of significant achievements in sup-port of the development and advancement of the energy industry.
11 November 2025
Transition policies must recognise that significant industrial demand for carbon will continue even as economies hit net zero
6 November 2025
After years of pursuing ideologically driven climate leadership, Western powers are now stepping back under mounting political pressure and rising populist opposition—prompting concern essential climate action could be sidelined
