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World Racing Past Warming Limits as Carbon Emissions Rise: UN

· 21.11.2023 · 03:00:23 ··· ··· Tuesday ·· 2 (2) Bloomberg Quicktake: Now
The world only has a tiny chance of keeping global warming below a key threshold that could cause several climate tipping points to be reached, drastically exacerbating the likelihood of extreme weather, according to a new report from the United Nations.

Countries have a 14% chance of keeping global warming below 1.5C even in the most optimistic scenario where all net-zero pledges are met, according to an analysis by the UN’s environment program. Current emissions-cutting plans put the world on course for up-to 2.9C of global warming and that’s assuming nations fulfill their unconditional commitments.

The findings come less than two weeks before the COP28 climate summit in Dubai, which has the key aim of laying out what countries need to do to meet the goals set by the Paris Agreement in 2015, chiefly keeping warming below 2C, and ideally 1.5C. To do so, emissions need to fall by 28% to 42% by the end of the decade, compared with current policy scenarios, according to the UN’s report.

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