In news
Greenhouse gas emissions reached a new high last year, putting the world on track for an average temperature rise of 3 degrees Celsius, according a report of U.N.
The report by the United Nations Environment Programme (UNEP)
Highlights
- The annual "emissions gap" report measures the gap between anticipated emissions and those consistent with limiting the global temperature rise this century as agreed in the 2015 Paris Agreement.
- Under the global climate pact, nations have committed to a long-term goal of limiting the average temperature rise to below 2 degrees Celsius above pre-industrial levels and to pursue efforts to limit it even further to 1.5C.
- Although this year, there has been a temporary emissions dip as economies slowed due to the coronavirus pandemic.
- The resulting drop in travel, industrial activity and electricity generation are likely to work out at a 7% reduction in emissions, the report said. That translates to only a 0.01C reduction in global warming by 2050.
Solutions for reducing emission
- Green investment under government stimulus packages to pull economies out of the pandemic-induced slump could cut up to 25% off emissions predicted in 2030.
- Such packages could put emissions in 2030 at 44 GtCO2e – within the range that gives a 66% chance of holding temperature rises to below 2C, but still insufficient to achieve the 1.5C goal.
Source : The Hindu