Governments falling woefully short of Paris climate pledges, study finds
GuardianJUL 2021
Two weeks before world leaders meet in Baku, the capital of Azerbaijan, for the COP29 global climate negotiations, new data indicates that the world is far from meeting the goals outlined in the 2015 Paris Agreement. These goals aim to reduce greenhouse gases to a level necessary by 2030 to prevent the worst impacts of global warming. This new information should prompt world leaders to reconsider and revise their pledges ahead of COP29.
The success of next month's COP29 climate negotiations in Baku depends on the West's commitment to funding poorer countries' climate change efforts. Low- or zero-carbon technology, adapting to rising sea levels and shifting weather patterns, and resilient infrastructure cost trillions. Clean energy programs in emerging markets and developing countries will require $80 - 100B by the early 2030s to keep global temperature rise under 1.5 degrees Celsius.
There is a 50% chance that 44.2% of countries that pledge carbon neutrality by 2050 will keep their pledge, according to the Metaculus prediction community.