Commitments already made by world governments to cut carbon emissions aren’t enough to keep global warming below the crucial 2C target – but a strong deal is still possible in Paris, says economist.
The commitments made by world governments to reduce greenhouse gas emissions in the next 15 years are not sufficient to stave off the worst effects of climate change, a new analysis by Lord Stern has found.
The study by the author of an influential report on the economics of climate change found that countries’ pledges ahead of a crunch UN climate summit in Paris this December would not keep warming below 2C, the level that previous UN negotiations have agreed on.
But Stern said he was still optimistic that a good deal could be reached in Paris.
“There is strong action coming through in many parts of the world,” he said, pointing to the rising use of renewable energy and efforts to cut greenhouse gas emissions in countries from Latin America to Asia.
“It is very important to recognise that there is still time before Paris [to strengthen a potential agreement].”
The study looks at plans so far submitted to the UN , and the commitments published by other governments but not yet formally submitted.
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Even as the US officially pulled out of the Paris Agreement earlier this week, it might be too soon to lose hope on the country's long-term commitments to climate action. If a Democrat wins the upcoming presidential elections, which are set for November 2020, a reaccession process could begin shortly after the withdrawal is complete. In the meantime, however, the effect on trade policy could be significant.
European peatlands could turn from carbon sinks to sources as a quarter have reached levels of dryness unsurpassed in a record stretching back 2,000 years, according to a new study. This trend of “widespread” and “substantial” drying corresponds to recent climate change, both natural and human-caused, but may also be exacerbated by the peatlands being used for agriculture and fuel.
The Kingdom of the Netherlands has contributed $28 million to back FAO's work to boost the resilience of food systems in Somalia, Sudan, and South Sudan - part of a new initiative to scale-up resilience-based development work in countries affected by protracted crises.
A group of five small countries have announced that they will launch negotiations on a new Agreement on Climate Change, Trade and Sustainability, which, if successful, would constitute the first international trade agreement focused solely on climate change and sustainable development. The initiative also breaks new ground by aiming to simultaneously remove barriers for trade in environmental goods and services and crafting binding rules to eliminate fossil fuel subsidies. Small countries can pioneer the development of new trade rules that can help achieve climate goals, but making credible commitments, attracting additional participants, and ensuring transparency will be essential ingredients for long-term success.