Table7.1Mitigationtargetsofmajoreconomies%Source:ClimateActionTracker,2022Note:NZTstandsfornet-zerotarget.Country/regionNDCtargetby2030AnnexIPartyUS11.8450-52%below2005levelsEU276.8155%below1990levelsRussia4.0730%below1990levelsJapan2.3646-50%below2013levelsNon-AnnexIPartyChina23.9265%below2005levels(GDPintensity)India6.8433-35%below2005levels(GDPintensity)Brazil2.9050%below2005levelsSouthAfrica1.06350-420MtCO2eqTotalsmaynotaddupduetorounding.©2022OrganizationofthePetroleumExportingCountriesShareofglobalGHGemissions(%)Disclaimer:Thedata,analysisandanyotherinformation(the“information”)containedintheWorldOilOutlookisforinformaprofessional;norismeanttobeabenchmarkorinputdatatoabenchmarkofanykind.Whilstreasonableeffortshavebeenmrepresentationsastoitsaccuracy,relevanceorcomprehensiveness,andassumesnoliabilityorresponsibilityforanyinaccuraofusingorrelyingontheinformationintheWorldOilOutlook.TheviewsexpressedintheWorldOilOutlookarethoseoftheOPECSecretariatanddonotnecessarilyreflecttheviewsofitstheuseandpresentationofdataandothermaterials,donotimplytheexpressionofanyopinionwhatsoeveronthepartofOexploration,exploitation,refining,marketingandutilizationofitspetroleumorotherenergyresources.NothingintheWorldOexpressinganylegalopinionsorhavingprobativelegalvalueinanyproceedings.LTS(orNZT)targetNZTby2050Climateneutralityby2050NZTby2060Carbonneutralityby2050Carbonneutralityby2060NZTby2070NZTby2050NZTby2050eWorldOilOutlookisforinformationalpurposesonlyandisneitherintendedasasubstituteforadvicefrombusiness,finance,investmenlstreasonableeffortshavebeenmadetoensuretheaccuracyoftheinformationcontainedintheWorldOilOutlook,theOPECSecretariatorresponsibilityforanyinaccuracy,errororomission,orforanylossordamagearisinginconnectionwithorattributabletoanyactiononecessarilyreflecttheviewsofitsgoverningbodiesand/orindividualOPECMemberCountries.ThedesignationofgeographicalentitiesininionwhatsoeveronthepartofOPECand/oritsMemberCountriesconcerningthelegalstatusofanycountry,territoryorarea,orofitsaresources.NothingintheWorldOilOutlookshallbeconstruedasinterpretingormodifyinganylegalobligationsunderanyagreement,trbusiness,finance,investmentconsultantorotherutlook,theOPECSecretariatmakesnowarrantiesorattributabletoanyactionordecisiontakenasaresultnofgeographicalentitiesintheWorldOilOutlook,and,territoryorarea,orofitsauthorities,orconcerningtheonsunderanyagreement,treaty,laworothertexts;or