Commonwealth Business Communications
  • HOME
  • ABOUT
  • COUNTRIES
    • AFRICA
      • BOTSWANA
      • CAMEROON
      • GAMBIA
      • GHANA
      • KENYA
      • KINGDOM OF eSWATINI
      • LESOTHO
      • MALAWI
      • MAURITIUS
      • MOZAMBIQUE
      • NAMIBIA
      • NIGERIA
      • RWANDA
      • SEYCHELLES
      • SIERRA LEONE
      • SOUTH AFRICA
      • TANZANIA
      • UGANDA
      • ZAMBIA
    • ASIA
      • BANGLADESH
      • BRUNEI DARUSSALAM
      • INDIA
      • MALAYSIA
      • MALDIVES
      • PAKISTAN
      • SINGAPORE
      • SRI LANKA
    • CARIBBEAN AND AMERICAS
      • ANTIGUA AND BARBUDA
      • BAHAMAS
      • BARBADOS
      • BELIZE
      • CANADA
      • DOMINICA
      • GRENADA
      • GUYANA
      • JAMAICA
      • SAINT LUCIA
      • ST KITTS AND NEVIS
      • ST VINCENT AND THE GRENADINES
      • TRINIDAD AND TOBAGO
    • EUROPE
      • CYPRUS
      • MALTA
      • UNITED KINGDOM
    • PACIFIC
      • AUSTRALIA
      • FIJI
      • KIRIBATI
      • NAURU
      • NEW ZEALAND
      • PAPUA NEW GUINEA
      • SAMOA
      • SOLOMON ISLANDS
      • TONGA
      • TUVALU
      • VANUATU
  • AREAS OF WORK
    • GOVERNMENT
    • EDUCATION
    • HEALTH
    • ICT
    • INFRASTRUCTURE DEVELOPMENT
    • NATURAL RESOURCES
    • SUSTAINABLE DEVELOPMENT GOALS
    • TRADE AND INVESTMENT
  • OUR PUBLICATIONS
    • CHOGM
      • COMMONWEALTH HEADS OF GOVERNMENT INTERIM REPORT 2020
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2018 REPORT
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2015 REPORT
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2011 REPORT
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2009 REPORT
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2007 REPORT
    • HEALTH
      • COMMONWEALTH HEALTH REPORT 2022
      • COMMONWEALTH HEALTH REPORT 2020
    • EDUCATION
      • COMMONWEALTH EDUCATION REPORT 2021
      • COMMONWEALTH EDUCATION REPORT 2019
    • MINISTERS
      • MINISTERS REFERENCE BOOK COMMONWEALTH 2017
      • MINISTERS REFERENCE BOOK COMMONWEALTH 2015
      • MINISTERS REFERENCE BOOK COMMONWEALTH 2014
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2011
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2010
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2009
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2008
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2007
    • FINANCE
      • COMMONWEALTH FINANCE MINISTERS REPORT 2012
      • COMMONWEALTH FINANCE MINISTERS REFERENCE REPORT 2010
      • COMMONWEALTH FINANCE MINISTERS REFERENCE REPORT 2009
      • COMMONWEALTH FINANCE MINISTERS REFERENCE REPORT 2008
      • COMMONWEALTH FINANCE MINISTERS REFERENCE REPORT 2007
    • TRADE AND INVESTMENT
      • AFRICA INFRASTRUCTURE INVESTMENT REPORT 2013
    • QUEEN AND COMMONWEALTH
      • QUEEN & COMMONWEALTH: CELEBRATING HER MAJESTY’S PLATINUM JUBILEE
      • QUEEN & COMMONWEALTH: 90 GLORIOUS YEARS
      • QUEEN & COMMONWEALTH: CELEBRATING HER MAJESTY’S DIAMOND JUBILEE
  • CONTRIBUTORS
  • CONTACT US
Commonwealth Business Communications
Commonwealth Business Communications
  • HOME
  • ABOUT
  • COUNTRIES
    • AFRICA
      • BOTSWANA
      • CAMEROON
      • GAMBIA
      • GHANA
      • KENYA
      • KINGDOM OF eSWATINI
      • LESOTHO
      • MALAWI
      • MAURITIUS
      • MOZAMBIQUE
      • NAMIBIA
      • NIGERIA
      • RWANDA
      • SEYCHELLES
      • SIERRA LEONE
      • SOUTH AFRICA
      • TANZANIA
      • UGANDA
      • ZAMBIA
    • ASIA
      • BANGLADESH
      • BRUNEI DARUSSALAM
      • INDIA
      • MALAYSIA
      • MALDIVES
      • PAKISTAN
      • SINGAPORE
      • SRI LANKA
    • CARIBBEAN AND AMERICAS
      • ANTIGUA AND BARBUDA
      • BAHAMAS
      • BARBADOS
      • BELIZE
      • CANADA
      • DOMINICA
      • GRENADA
      • GUYANA
      • JAMAICA
      • SAINT LUCIA
      • ST KITTS AND NEVIS
      • ST VINCENT AND THE GRENADINES
      • TRINIDAD AND TOBAGO
    • EUROPE
      • CYPRUS
      • MALTA
      • UNITED KINGDOM
    • PACIFIC
      • AUSTRALIA
      • FIJI
      • KIRIBATI
      • NAURU
      • NEW ZEALAND
      • PAPUA NEW GUINEA
      • SAMOA
      • SOLOMON ISLANDS
      • TONGA
      • TUVALU
      • VANUATU
  • AREAS OF WORK
    • GOVERNMENT
    • EDUCATION
    • HEALTH
    • ICT
    • INFRASTRUCTURE DEVELOPMENT
    • NATURAL RESOURCES
    • SUSTAINABLE DEVELOPMENT GOALS
    • TRADE AND INVESTMENT
  • OUR PUBLICATIONS
    • CHOGM
      • COMMONWEALTH HEADS OF GOVERNMENT INTERIM REPORT 2020
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2018 REPORT
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2015 REPORT
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2011 REPORT
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2009 REPORT
      • THE COMMONWEALTH HEADS OF GOVERNMENT MEETING 2007 REPORT
    • HEALTH
      • COMMONWEALTH HEALTH REPORT 2022
      • COMMONWEALTH HEALTH REPORT 2020
    • EDUCATION
      • COMMONWEALTH EDUCATION REPORT 2021
      • COMMONWEALTH EDUCATION REPORT 2019
    • MINISTERS
      • MINISTERS REFERENCE BOOK COMMONWEALTH 2017
      • MINISTERS REFERENCE BOOK COMMONWEALTH 2015
      • MINISTERS REFERENCE BOOK COMMONWEALTH 2014
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2011
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2010
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2009
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2008
      • COMMONWEALTH MINISTERS REFERENCE BOOK 2007
    • FINANCE
      • COMMONWEALTH FINANCE MINISTERS REPORT 2012
      • COMMONWEALTH FINANCE MINISTERS REFERENCE REPORT 2010
      • COMMONWEALTH FINANCE MINISTERS REFERENCE REPORT 2009
      • COMMONWEALTH FINANCE MINISTERS REFERENCE REPORT 2008
      • COMMONWEALTH FINANCE MINISTERS REFERENCE REPORT 2007
    • TRADE AND INVESTMENT
      • AFRICA INFRASTRUCTURE INVESTMENT REPORT 2013
    • QUEEN AND COMMONWEALTH
      • QUEEN & COMMONWEALTH: CELEBRATING HER MAJESTY’S PLATINUM JUBILEE
      • QUEEN & COMMONWEALTH: 90 GLORIOUS YEARS
      • QUEEN & COMMONWEALTH: CELEBRATING HER MAJESTY’S DIAMOND JUBILEE
  • CONTRIBUTORS
  • CONTACT US

COP26 commitments far short, but net-zero pledges provide hope

  • CBC News Team
Total
0
Shares
0
0
0

New and updated climate commitments fall far short of what is needed to meet the goals of the Paris Agreement, leaving the world on track for a global temperature rise of at least 2.7°C this century, according to the UN Environment Programme’s (UNEP) latest Emissions Gap Report 2021: The Heat Is On.

The report, now in its 12th year, finds that countries’ updated Nationally Determined Contributions – and other commitments made for 2030 but not yet submitted in an updated NDC – only take an additional 7.5 per cent off predicted annual greenhouse gas emissions in 2030, compared to the previous round of commitments. Reductions of 30 per cent are needed to stay on the least-cost pathway for 2°C and 55 per cent for 1.5°C.

Released ahead of the UN Climate Change Conference (COP26), the latest round of climate talks taking place in Glasgow, the report finds that net-zero pledges could make a big difference. If fully implemented, these pledges could bring the predicted global temperature rise to 2.2°C, providing hope that further action could still head off the most-catastrophic impacts of climate change. However, net-zero pledges are still vague, incomplete in many cases, and inconsistent with most 2030 NDCs.

“Climate change is no longer a future problem. It is a now problem,” said Inger Andersen, Executive Director of UNEP.

“To stand a chance of limiting global warming to 1.5°C, we have eight years to almost halve greenhouse gas emissions: eight years to make the plans, put in place the policies, implement them and ultimately deliver the cuts. The clock is ticking loudly.”

As of 30th September 2021, 120 countries, representing just over half of global greenhouse gas emissions, had communicated new or updated NDCs. In addition, three G20 members have announced other new mitigation pledges for 2030.

To have any chance of limiting global warming to 1.5°C, the world has eight years to take an additional 28 gigatonnes of CO2 equivalent (GtCO2e) off annual emissions, over and above what is promised in the updated NDCs and other 2030 commitments. To put this number into perspective, carbon dioxide emissions alone are expected to reach 33 gigatonnes in 2021. When all other greenhouse gases are taken into account, annual emissions are close to 60 GtCO2e. So, to have a chance of reaching the 1.5°C target, we need to almost halve greenhouse gas emissions. For the 2°C target, the additional need is lower: a drop in annual emissions of 13 GtCO2e by 2030.

Alok Sharma, incoming COP26 President, said the report underlined why countries need to show ambitious climate action at COP26:

“As this report makes clear, if countries deliver on their 2030 NDCs and net zero commitments which have been announced by the end of September, we will be heading towards average global temperature rises of just above 2C. Complementary analyses suggest that the commitments made in Paris would have capped the rise in temperature to below 4°C.”

“So there has been progress, but not enough,” he added.

”That is why we especially need the biggest emitters, the G20 nations, to come forward with stronger commitments to 2030 if we are to keep 1.5c in reach over this critical decade.”

Zeroing in on net-zero

Net-zero pledges – and their effective execution – could make a big difference, the authors find, but current plans are vague and not reflected in NDCs. A total of 49 countries plus the EU have pledged a net-zero target. This covers over half of global domestic greenhouse gas emissions, over half of GDP and a third of the global population. Eleven targets are enshrined in law, covering 12 per cent of global emissions.

If made robust and implemented fully, net-zero targets could shave an extra 0.5°C off global warming, bringing the predicted temperature rise down to 2.2°C. However, many of the national climate plans delay action until after 2030, raising doubts over whether net-zero pledges can be delivered. Twelve G20 members have pledged a net-zero target, but they are still highly ambiguous. Action also needs to be frontloaded to make it in line with 2030 goals.

“The world has to wake up to the imminent peril we face as a species,” Andersen added.

“Nations need to put in place the policies to meet their new commitments and start implementing them within months. They need to make their net-zero pledges more concrete, ensuring these commitments are included in NDCs, and action brought forward. They then need to get the policies in place to back this raised ambition and, again, start implementing them urgently.”

“It is also essential to deliver financial and technological support to developing nations – so that they can both adapt to the impacts of climate change already here and set out on a low-emissions growth path.”

The potential of methane and market mechanisms

Every year, the Emissions Gap Report looks at the potential of specific sectors. This year, it focuses on methane and market mechanisms. Reduction of methane emissions from the fossil fuel, waste and agriculture sectors can contribute to closing the emissions gap and reduce warming in the short term.

Methane emissions are the second largest contributor to global warming. The gas has a global warming potential over 80 times that of carbon dioxide over a 20-year horizon; it also has a shorter lifetime in the atmosphere than carbon dioxide – only twelve years, compared to up to hundreds for CO2 – so cuts to methane will limit temperature increase faster than cuts to carbon dioxide.

Available no- or low-cost technical measures alone could reduce anthropogenic methane emissions by around 20 per cent per year. Implementation of all measures, along with broader structural and behavioural measures, could reduce anthropogenic methane emissions by approximately 45 per cent.

Carbon markets, meanwhile, have the potential to reduce costs and thereby encourage more ambitious reduction pledges, but only if rules are clearly defined, are designed to ensure that transactions reflect actual reductions in emissions, and are supported by arrangements to track progress and provide transparency.

Revenues earned through these markets could fund mitigation and adaptation solutions domestically and in vulnerable nations where the burdens of climate change are greatest.

COVID-19 recovery opportunity largely missed

Finally, the report finds that the opportunity to use COVID-19 fiscal rescue and recovery spending to stimulate the economy while backing climate action has been missed in most countries.

The COVID-19 pandemic led to a drop in global CO2 emissions of 5.4 per cent in 2020. However, CO2 and non-CO2 emissions in 2021 are expected to rise again to a level only slightly lower than the record high in 2019.

Only around 20 per cent of total recovery investments up to May 2021 are likely to reduce greenhouse gas emissions. Of this spending, almost 90 per cent is accounted for by six G20 members and one permanent guest.

COVID-19 spending has been far lower in low-income economies (USD 60 per person) than advanced economies (USD 11,800 per person). Gaps in finance are likely to exacerbate gaps in vulnerable nations on climate resilience

About the UN Environment Programme (UNEP)

UNEP is the leading global voice on the environment. It provides leadership and encourages partnership in caring for the environment by inspiring, informing and enabling nations and peoples to improve their quality of life without compromising that of future generations.

Share this:

  • Click to share on Twitter (Opens in new window)
  • Click to share on Facebook (Opens in new window)
Related Topics
  • ENVIRONMENT
CBC News Team

Previous Article

CALL FOR BETTER PROTECTION OF HEALTHCARE WORKERS

  • CBC News Team
Read More
Next Article

G20 DELIVERING 15 TIMES MORE VACCINE DOSES THAN SUB-SAHARAN AFRICA

  • CBC News Team
Read More
You May Also Like
Australian flag. Waving australian flag 3d illustration.
Read More
  • AUSTRALIA

Celebrating Australia Day

  • CBC News Team
  • 26 January 2023
Diphtheria outbreak in Nigeria, 38 dead
Read More
  • Health
  • AFRICA
  • NIGERIA

Diphtheria outbreak in Nigeria, 38 dead

  • CBC News Team
  • 26 January 2023
Australia signs UNESCO education treaty
Read More
  • Education & Youth
  • AUSTRALIA

Australia signs UNESCO education treaty

  • CBC News Team
  • 25 January 2023
Namibia COVID
Read More
  • Education & Youth
  • Health
  • AFRICA
  • HEALTH
  • NAMIBIA

Namibia blames COVID for poor academic results

  • CBC News Team
  • 25 January 2023
Ghana makes progress in malaria elimination
Read More
  • Health
  • GHANA
  • HEALTH

Ghana makes progress in malaria elimination

  • CBC News Team
  • 24 January 2023
Gabon foreign minister
Read More
  • Heads of Government
  • GABON
  • AFRICA

Gabon Foreign Minister dies of cardiac arrest

  • CBC News Team
  • 23 January 2023
Antigua and Barbuda election reflects voters' will
Read More
  • Other
  • ANTIGUA AND BARBUDA
  • CARIBBEAN AND AMERICAS

Antigua and Barbuda election reflects voters’ will

  • CBC News Team
  • 23 January 2023
New Zealand PM Jacinda Ardern announces resignation
Read More
  • Heads of Government
  • NEW ZEALAND

New Zealand PM Jacinda Ardern announces resignation

  • CBC News Team
  • 19 January 2023
OUR LATEST PUBLICATION

Subscribe to our Newsletter

PARTNER FOCUS
Recent Posts
  • Australian flag. Waving australian flag 3d illustration.
    Celebrating Australia Day
  • Diphtheria outbreak in Nigeria, 38 dead
    Diphtheria outbreak in Nigeria, 38 dead
  • Australia signs UNESCO education treaty
    Australia signs UNESCO education treaty
  • Namibia COVID
    Namibia blames COVID for poor academic results

Subscribe

Subscribe now to our newsletter

Commonwealth Business Communications
  • HOME
  • About
  • Contact
  • Terms of Use
  • Privacy Policy
  • Cookie Policy
© 2022 Commonwealth Business Communications Limited. All Rights Reserved.

Input your search keywords and press Enter.