World on catastrophic path to 2.7 degree heating: UN chief
“The commitment to mobilize $ 100 billion per year by 2020 was essential to strengthen climate action in developing countries. This commitment made as part of the UNFCCC process more than 10 years ago has yet to be fulfilled. Developing countries need this support to act in the most ambitious way possible, ”Espinosa urged.
The report also contains worrying conclusions.
The available NDCs from the 191 Parties taken together imply a significant increase in global GHG emissions in 2030 compared to 2010, of around 16%.
According to the latest IPCC findings, such an increase, unless action is taken immediately, could lead to a temperature rise of around 2.7 degrees Celsius by the end of the century.
“The 16% increase is a huge cause for concern. It contrasts sharply with science’s calls for rapid, sustained and large-scale emission reductions to prevent the most severe climate consequences and suffering, especially of the most vulnerable, across the world, ”he said. said Espinosa.
“The report clearly shows that the NDC framework helps Parties move forward towards meeting their commitments under the Paris Agreement,” she added.
Espinosa clarified that Parties can submit NDCs or update already submitted NDCs at any time, including in the run-up to COP26.
In this case and to ensure that the COP has the latest information, UN Climate Change will issue an update to cover all NDCs submitted by October 12. The update is expected to be released on October 25.
Alok Sharma, new COP26 president, said: “This report is clear: ambitious climate action can avert the most devastating effects of climate change, but only if all nations act together. Nations that have submitted ambitious new climate plans are already bending downward emissions curves by 2030. But without action by all countries, especially the largest economies, these efforts are likely to be in vain.