About
Based on quantified assessment by the JRC's internal energy-economics teams, GECO provides a global picture of energy markets as they transform over the next decades, under the simultaneous interactions of economic development, technological innovation and climate policies.
To be informed on GECO-related updates, please contact us at JRC-GECO@ec.europa.eu
At a glance: GECO 2024 facts and figures
1.8°C
End-of-century warming under current pledges
Ambitious NDC targets needed for 2035
Emissions drop to 2000s levels by mid-century
Global emissions peak and decrease under current policies
Progress seen through policy and tech innovation, but ambition gap to 1.5°C remains
Limited economic impact
Achieving 1.5°C has limited global GDP impacts
Mitigation costs are more pronounced in some sectors
