World is faulting on satisfying Paris Agreement except one: With COP26 coming up very soon, it appears the only country globally to be on the right path to meet the Paris Agreement targets is The Gambia.
This is the conclusion of a current report by Climate Action Tracker, it believes that all nations, along with those that comprise the G20 are not even close to targets set to reduce global temperatures.
Global emissions need to be cut in half by 2030 to be on right track for the Paris goals, however, the report cautions that at current rates, the world would be emitting double the amount as is needed for this.
The study shows that out of the 36 countries in the company of the EU that were rated, only The Gambia had made satisfactory pledges in line with this goal. With countries united, the ranking accounted for 80% of global emissions.
The only country that satisfies the top ranking is The Gambia, with Climate Action Tracker describing that its enthusiastic climate goals will be achieved if financial help is made accessible – however it has not explained the amount of support it will need.
With less than 2 months away from COP26, the study believes that particular governments containing those of Australia, Switzerland, New Zealand & Russia, have not raised their aspirations at all – either presenting the same or less ambitious 2030 goals than they had indicated in 2015.
The even worse discovery is that there are over 70 countries that have not even submitted a revised target.
The Paris Agreement contained countries unifying to end global average temperatures rising 1.5C higher than pre-industrial eras to prevent the devastating effects of climate change.
Even though many countries have set domestic aims, the report describes that these become irrelevant when none of these governments have contributed the necessary amount of international climate finance – impeding developing countries from even starting on their paths.
The UK, Costa Rica, Nigeria & Kenya include a few of the countries that the paper claims to be ‘almost sufficient’ along with the ‘critically insufficient’ countries that include Iran, Russia, Saudi Arabia, Singapore & Thailand.
The report urges governments to make use of reducing renewable energy and storage costs by increasing installations as well as stopping all coal construction plans.
It points out that net-zero targets are pointless if the 2030 declining aims are not adequate and that this is the solution to change.
Niklas Höhne, a scientist at NewClimate Institute, a associate group in the Climate Action Tracker study, stated: “Nothing is moving. Governments have now closed the gap by up to 15%, a minimal improvement since May. Anyone would think they have all the time in the world, when in fact the opposite is the case.”
Even though the Intergovernmental Panel on Climate Change’s (IPCC) report was seen as “a code red for humanity” by UN Secretary General Antonio Guterres, this report has showed there has not been an immediate reaction from the world’s biggest emitters which contain China, India & the US.
World is faulting on satisfying Paris Agreement except one