This article presents a set of multi-gas emission pathways for different CO2-equivalent concentration stabilization levels, i.e. 400, 450, 500 and 550 ppm CO2-equivalent, along with an analysis of their global and regional reduction implications and implied probability of achieving the EU climate target of 2°C. For achieving the 2°C target with a probability of more than 60%, greenhouse gas concentrations need to be stabilized at 450 ppm CO2-equivalent or below, if the 90% uncertainty range for climate sensitivity is believed to be 1.5-4.5°C. A stabilization at 450 ppm CO2-equivalent or below (400 ppm) requires global emissions to peak around 2015, followed by substantial overall reductions of as much as 25% (45% for 400 ppm) compared to 1990 levels in 2050. In 2020, Annex I emissions need to be approximately 15% (30%) below 1990 levels, and non-Annex I emissions also need to be reduced by 15-20% compared to their baseline emissions. A further delay in peaking of global emissions by 10 years doubles maximum reduction rates to about 5% per year, and very probably leads to high costs. In order to keep the option open of stabilizing at 400 and 450 ppm CO2-equivalent, the USA and major advanced non-Annex I countries will have to participate in the reductions within the next 10-15 years.