Nowcasting CO2 Emissions: early estimates or “nowcasts” for monitoring changes in greenhouse gas emissions (GHGs)

Anthesis AB, Real-Zero Consulting HB, PlanMiljø Aps and Kausal Ltd have conducted a survey on the use and the possible uses of early estimates or “nowcasts” for monitoring changes in greenhouse gas emissions (GHGs) with a focus on fossil CO2. Nordic countries report emission statistics to the UNFCCC as well as EU. Due to more ambitious national mitigation targets, there is need for more timely emission statistics. The project suggests a development of early estimates through:- further analysis of the need and possibilities for nowcasting, focusing on a clear understanding of what timely emission estimates will be used for.- instigate a climate policy lab, given the complexity to overview and communicate the need and possibilities for nowcasting data.- create a portal collecting available emission statistics, as currently it is a complex task to overview available emission statistics.