Berliner Boersenzeitung - Earth to warm up to 2.9C even with current climate pledges: UN

EUR -
AED 4.112593
AFN 71.669138
ALL 90.788645
AMD 403.584889
ANG 2.004261
AOA 1026.886761
ARS 1730.125816
AUD 1.626967
AWG 2.018499
AZN 1.898968
BAM 1.953851
BBD 2.257938
BDT 139.630746
BGN 1.957279
BHD 0.423174
BIF 3350.228885
BMD 1.119833
BND 1.431154
BOB 13.536379
BRL 6.164349
BSD 1.121082
BTN 105.855122
BWP 15.358546
BYN 3.34486
BYR 21948.730437
BZD 2.254631
CAD 1.572884
CDF 2592.413635
CHF 0.91398
CLF 0.027825
CLP 1095.106913
CNY 7.489999
CNH 7.464897
COP 3625.58312
CRC 508.388442
CUC 1.119833
CUP 26.904807
CVE 110.151702
CZK 24.350217
DJF 199.630907
DKK 7.474383
DOP 67.322258
DZD 152.570958
EGP 60.270991
ERN 16.797498
ETB 183.994359
FJD 2.531983
FKP 0.830529
GBP 0.834091
GEL 2.917144
GGP 0.830529
GHS 13.076842
GIP 0.830529
GMD 83.428936
GNF 9929.875211
GTQ 8.567188
GYD 234.883652
HKD 8.775069
HNL 30.130681
HRK 7.580162
HTG 146.922162
HUF 364.716191
IDR 20314.89382
ILS 3.59355
IMP 0.830529
INR 105.468691
IQD 1699.489915
IRR 2117999.855204
ISK 136.799392
JEP 0.830529
JMD 177.81108
JOD 0.793902
JPY 176.727036
KES 145.477209
KGS 97.928631
KHR 4561.450846
KMF 493.84599
KPW 1007.849824
KRW 1523.141376
KWD 0.347775
KYD 0.934256
KZT 504.060546
LAK 25230.499556
LBP 100678.36257
LKR 372.693319
LRD 190.577384
LSL 18.370876
LTL 3.306576
LVL 0.677376
LYD 7.176843
MAD 10.925007
MDL 20.043027
MGA 5082.885427
MKD 61.549404
MMK 2351.596988
MNT 4033.608062
MOP 9.058585
MRU 45.290427
MUR 52.665738
MVR 17.307015
MWK 1943.943937
MXN 21.013656
MYR 4.54596
MZN 71.568673
NAD 18.371532
NGN 1505.481108
NIO 41.257932
NOK 10.448884
NPR 169.371573
NZD 2.013701
OMR 0.430574
PAB 1.121072
PEN 3.861449
PGK 5.106861
PHP 70.608858
PKR 310.053613
PLN 4.40375
PYG 6907.111508
QAR 4.097785
RON 5.336121
RSD 117.64746
RUB 91.267205
RWF 1651.338367
SAR 4.203464
SBD 9.016581
SCR 15.530541
SDG 673.57461
SEK 11.01693
SGD 1.433806
SHP 0.834886
SLE 25.654803
SLL 23482.34691
SOS 640.655351
SRD 42.057597
STD 23178.286007
STN 24.475372
SVC 9.809086
SYP 14560.070726
SZL 18.364521
THB 37.54073
TJS 10.341648
TMT 3.930614
TND 3.340464
TOP 2.696289
TRY 56.152239
TTD 7.592326
TWD 36.884021
TZS 2966.696034
UAH 50.924158
UGX 4534.437294
USD 1.119833
UYU 45.154765
UZS 13377.539063
VES 1000.872181
VND 28676.1283
VUV 133.835028
WST 3.111473
XAF 655.957
XAG 0.021762
XAU 0.000276719297
XCD 3.026405
XCG 2.020367
XDR 0.79178
XOF 655.957
XPF 119.331742
YER 264.476607
ZAR 18.50484
ZMK 10079.847437
ZMW 22.729129
ZWL 360.585829
SSP 6433.66131
MXV 2.364121
  • CMSD

    -0.1200

    19.81

    -0.61%

  • JRI

    0.0000

    10.77

    0%

  • BCC

    -1.8200

    74.15

    -2.45%

  • CMSC

    -0.2228

    19.53

    -1.14%

  • BCE

    0.2000

    20.34

    +0.98%

  • RIO

    0.0100

    94.17

    +0.01%

  • AZN

    -2.7400

    161.47

    -1.7%

  • GSK

    -1.1800

    48.17

    -2.45%

  • RBGPF

    0.0000

    65

    0%

  • NGG

    0.8800

    75.82

    +1.16%

  • RYCEF

    -0.7300

    19.08

    -3.83%

  • BTI

    -0.4500

    54.4

    -0.83%

  • BP

    0.4700

    43.99

    +1.07%

  • RELX

    -0.0600

    33.18

    -0.18%

  • VOD

    -0.1800

    16.15

    -1.11%

Earth to warm up to 2.9C even with current climate pledges: UN
Earth to warm up to 2.9C even with current climate pledges: UN / Photo: Spyros BAKALIS - AFP/File

Earth to warm up to 2.9C even with current climate pledges: UN

Countries' greenhouse gas-cutting pledges put Earth on track for warming far beyond key limits, potentially up to a catastrophic 2.9 degrees Celsius this century, the UN said Monday, warning "we are out of road".

Text size:

The UN Environment Programme's annual Emissions Gap report is released just ahead of crucial COP28 climate talks in Dubai and will feed into the global response to a sobering official "stocktake" of the failure to curb warming so far.

With this year expected to be the hottest in human history, UNEP said "the world is witnessing a disturbing acceleration in the number, speed and scale of broken climate records".

Taking into account countries' carbon-cutting plans, UNEP warned that the planet is on a path for disastrous heating of between 2.5C and 2.9C by 2100. Based just on existing policies and emissions-cutting efforts, global warming would reach 3C.

But the world continues to pump record levels of greenhouse gases into the atmosphere, with emissions up 1.2 percent from 2021 to 2022, UNEP said, adding that the increase was largely driven by the burning of fossil fuels and industrial processes.

UN Secretary-General Antonio Guterres called for the COP28 talks, which begin on November 30, to outline "dramatic climate action".

"Leaders can't kick the can any further. We're out of road," he said, denouncing a "failure of leadership, a betrayal of the vulnerable, and a massive missed opportunity".

He said the world "must reverse course" and called for a clear signal at the COP28 meeting that the world was preparing for a decisive move away from polluting coal, oil and gas.

- 'Snooze mode' -

The 2015 Paris Agreement saw countries agree to cap global warming at "well below" 2C above preindustrial times -- with a safer limit of 1.5C if possible.

Nearly 1.2C of global heating so far has already unleashed an escalating barrage of deadly impacts across the planet.

UNEP said temperatures have gone above 1.5C for more than 80 days already this year, although the Paris warming thresholds will be measured as an average over several decades.

The Emissions Gap report looks at the difference between the planet-heating pollution that will still be released under countries' decarbonisation plans and what science says is needed to keep to the goals of the Paris Agreement.

By 2030, UNEP said, global emissions will have to be 28 percent lower than current policies would suggest in order to stay below 2C, and 42 percent lower for the more ambitious limit of 1.5C.

UNEP chief Inger Andersen said it was crucial that G20 nations -- the world's wealthiest economies responsible for around 80 percent of emissions -- "step up" and lead on reductions, but noted some were in "snooze mode".

- 'Climate won't wait' -

Under the Paris deal, countries are required to submit ever deeper emission cutting plans, known as Nationally Determined Contributions (NDCs).

UNEP found that fully implementing "unconditional" NDCs for 2030 -- which countries plan regardless of external support -- would give a 66 percent likelihood of Earth's average temperature rising by 2.9C by 2100.

Scientists warn that warming of these levels could render vast swathes of the planet essentially uninhabitable for humans and risk irreversible tipping points on land and in the oceans.

Conditional NDCs -- which rely on international funding to achieve -- would probably lower this to a still catastrophic 2.5C temperature rise this century, it said.

UNEP said that if all conditional NDCs and longer-term net zero pledges were met in their entirety it would be possible to limit temperature rise to 2C.

But it cautioned that currently these net zero pledges were not considered credible, with none of the G20 nations reducing emissions in line with their own targets.

Even in the most optimistic scenario, the chance of limiting temperature rise to 1.5C is just 14 percent, UNEP said.

Guterres called for "an explosion of ambition" regarding countries setting their NDCs -- which are due to be updated by 2025.

Andersen said she is optimistic that countries will be able to make progress at the November 30 to December 12 COP28, despite the fractures caused by Russia's invasion of Ukraine and the conflict between Israel and Hamas.

"Countries and delegations understand that, irrespective of these deep divisions that do exist and that are undeniable, the environment doesn't wait and climate most certainly will not," she said.

"You can't press the pause button."

(Y.Berger--BBZ)