Climate crunch time is here
Kathmandu– In short, countries must start curbing emissions immediately, according to the UN Emissions Gap Report 2024. “Climate crunch time is here,” said UNEP Executive Director Inger Andersen.
“We need global mobilization on a scale and pace never seen before, starting right now before the next round of climate pledges.”
If not, she warned, the 1.5°C goal to cap rising temperatures set in the Paris Agreement on climate change “will soon be dead, and well below two degrees Celsius will take its place in the intensive care unit”.
Launched at the COP16 global biodiversity conference in Cali, Colombia, the report tracks the gap between where global emissions are heading with current country commitments and where they ought to be to limit warming to well below 2°C and pursuing 1.5°C in line with the temperature goals set out in the 2015 Paris Agreement on climate change.
According to the report, the 1.5°C goal will be gone within a few years unless nations collectively commit to cut 42 per cent of annual greenhouse gas emissions by 2030 and 57 per cent by 2035 in the next round of nationally determined contributions and back this up with rapid action.
These self-defined contributions outline steps to reduce emissions and adapt to climate impacts – from drought, flooding and extreme weather events – securing necessary funds and updating plans every five years, the next time being in early 2025 ahead of the COP30 climate talks in Brazil.