Global climate commitments fall short – Unep
Current pledges to Paris Agreement would lead to 2.7°C of global warming this century
The world is on track for a global temperature rise of 2.7°C this century under current global climate commitments, according to the UN Environment Programme (Unep). The Paris Agreement in 2015 saw 196 countries agree to keep global warming to well below 2°C, and preferably below 1.5°C, this century in order to avoid catastrophic climate change. But individual national emissions reductions—known as Nationally Determined Contributions (NDCs)—to the agreement were voluntary, as compulsory commitments would have meant a deal would have been unlikely. Because initial NDCs were insufficient to reach the goals of the Paris Agreement, a clause was included to allow countries to submit more ambitiou
Also in this section
22 November 2024
The Energy Transition Advancement Index highlights how the Kingdom can ease its oil dependency and catch up with peers Norway and UAE
21 November 2024
E&P company is charting its own course through the transition, with a highly focused natural gas portfolio, early action on its own emissions and the development of a major carbon storage project
21 November 2024
Maintaining a competitive edge means the transformation must maximise oil resources as well as make strategic moves with critical minerals
20 November 2024
Recent project approvals have yielded millions of carbon credits linked to the plugging of the US' abandoned wells