The scenarios developed by the IEA were used as the frame of reference: • Above 3,2ºC > current-policies scenario. This scenario is a baseline picture of how global energy markets would evolve if governments make no changes to their existing policies and measures. • 2,7ºC to 3,2ºC > stated-policies scenario. This scenario reflects the impact of existing policy frameworks and today’s announced policy intentions. • 1,75ºC to 2ºC > Sustainable- Development Scenario. This IEA scenario is most aligned with the Paris Agreement, as it holds the temperature rise to below 1,8°C with a 66% probability without reliance on global net-negative CO2 emissions; this is equivalent to limiting the temperature rise to 1,65°C with a 50% probability.