Ten days before the major climate summit Cop26, the UN’s Environment Programme announced that fossil fuel production plans of many nations are “dangerously out of sync” with the emissions cuts needed to achieve the Paris Agreement temperature goals.
The UN says emissions must be reduced by nearly 50 percent by 2030 to limit warming to 1.5C above preindustrial levels.
But a Production Gap report found that total fossil fuel production would likely increase till 2040. In fact, 110 percent more fossil fuels will be produced in this decade.
Under the Paris Agreement, every signatory must submit plans to reduce emissions, known as National Determined Contributions (NDCs), every five years.
But after assessing latest NDCs, the UN declared that they will put Earth on course to reach a “catastrophic” 2.7 C of warming by 2100.
Michael Lazarus, a co-author of Wednesday’s report, said the difference between countries’ NDCs and production plans was “the major mismatch” in climate diplomacy right now. “Even in the face of inevitable decarbonisation away from fossil fuels, some countries are speeding up their investments in activities to promote fossil fuel production, vowing to remain the last ones standing,” he said as reported by AFP.
From : pk.mashable.com