The last gasoline-powered car will have to be sold by about 2035 to put the world on track to limit global warming to the most stringent goal set by world leaders last year, a study said on Thursday.

The report, by a Climate Action Tracker (CAT) backed by three European research groups, said a drastic shift was needed toward clean electric cars and fuel efficiency since transport emits about 14 percent of world greenhouse gas emissions.

Last December, world leaders at a Paris summit set a goal of limiting a rise in temperatures to "well below" 2 degrees Celsius above pre-industrial times while "pursuing efforts" for a much tougher 1.5 C ceiling.