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Countries’ targets to cut greenhouse gas emissions insufficient: UNFCCC

  • Posted By
    10Pointer
  • Categories
    Environment
  • Published
    27th Oct, 2022


Context

The Nationally Determined Contributions (NDC) pledged by countries to arrest climate change are insufficient, noted a new report released by the United Nations Framework Convention on Climate Change (UNFCCC).

Key-highlights of Report

  • While nations have begun bending the curve of the warming trajectory, the planet was still on course for around 2.5°C rise in average temperatures by the end of the century.
  • Cumulative CO2 emissions in 2020-2030, based on the latest NDCs, would likely use up 86 per cent of the remaining carbon budget.
  • The countries are still nowhere near the scale and pace of emission reductions required to put us on track toward a 1.5°C world. 

The NDC Synthesis Report

  • The UNFCCC’s synthesis report is an annual summary of climate commitments made by countries and their impact on global greenhouse gas (GHG) emissions. 
  • These commitments — known as Nationally Determined Contributions  — were made by countries who signed on to the Paris Agreement to address climate change.

India’s NDC Goal

  • India’s new NDC has two broad quantifiable goals–
    • to reduce emissions intensity of its GDP by 45% by 2030, from 2005 level
    • to achieve about 50% cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030
  • The second quantifiable goal is conditional, to be implemented with the help of transfer of technology and low-cost international finance including from Green Climate Fund (GCF), India stated.

 

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