Scientists warn that time is fast running out to stop global warming from shooting past 1.5ºC
Locals use hosepipes as a wildfire approaches the village of Gouves on the island of Evia, Greece, August 8 2021. Picture: KONSTANTINOS TSAKALIDIS
Speaking after the launch of the report, incoming COP26 president Alok Sharma warned that even though the world’s desire to keep 1.5ºC within reach is clear, hope is “retreating fast”. Coal has been a sticking point in international negotiations that are meant to smooth the way to a deal in Glasgow in November. An all-night meeting of Group of 20 ministers last month in Naples, Italy, failed to produce an agreement on phasing out coal power. India was a key holdout. China, the world’s largest emitter, is also under pressure to announce a road map to making deep emissions cuts over the next decade.
“This is physics,” said Valerie Masson-Delmotte, co-chair of the report. “The only way to limit global warming is to reach net zero [carbon dioxide] emissions at the global scale. The climate we experience in the future depends on our decisions now.” Getting emerging economies on board will require rich countries to deliver on their decade-old pledge to mobilise $100bn a year in financing to help poor countries invest in green technologies and adapt to rising temperatures and sea levels. The latest data from the Organisation for Economic Cooperation and Development suggests that climate aid from developed countries amounted to $78.9bn in 2018, far short of the agreed target.
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