Global GHG emissions would have needed to decline by 4.65%/year from an estimated 54.82 GT CO2e in 2019 (https://ourworldindata.org/greenhouse-gas-emissions#annual-greenhouse-gas-emissions-how-much-do-we-emit-each-year) to achieve a 35 GT CO2e level in 2030 and a 66% chance of limiting average global temperature increase to below 1.8 C (file:///C:/Users/rbaiman/Downloads/EGR2022-3.pdf , Table ES.2). However, global GHG emissions declined by an average of only 0.3% a year from 2019 to an estimated 54.49 GT CO2e in 2021 (https://ourworldindata.org/greenhouse-gas-emissions#annual-greenhouse-gas-emissions-how-much-do-we-emit-each-year ). As a consequence , we must now reduce global GHG emission by 4.7% per year to reach 35 GT by 2030.
There is no real-world scenario under a system of voluntary NDCs that will produce a 4.7%/year reduction in CO2e. Indeed, the 0.3% yearly GHG reduction from 2019 to 2021 is less than 1/15th of the 4.7% yearly reduction needed, and that reduction was largely attributed to the Covid-10 Pandemic. In 2022, global GHG emissions increased and, depending on the state of the economy, could potentially plateau in 2023 or increase, not decline (https://www.scientificamerican.com/article/will-global-emissions-plateau-in-2023-four-trends-to-watch/)
Best,
Ron