The China Mail - Paris climate targets feasible if nations keep vows

USD -
AED 3.672502
AFN 69.456103
ALL 84.764831
AMD 381.290295
ANG 1.789623
AOA 915.999566
ARS 1179.376574
AUD 1.53996
AWG 1.8025
AZN 1.699646
BAM 1.692527
BBD 2.010212
BDT 121.665008
BGN 1.696633
BHD 0.375579
BIF 2964.389252
BMD 1
BND 1.278698
BOB 6.879841
BRL 5.544402
BSD 0.99563
BTN 85.673489
BWP 13.382372
BYN 3.258189
BYR 19600
BZD 1.999913
CAD 1.358365
CDF 2877.000007
CHF 0.811665
CLF 0.024433
CLP 926.026567
CNY 7.181602
CNH 7.188085
COP 4135.519882
CRC 501.838951
CUC 1
CUP 26.5
CVE 95.422093
CZK 21.495979
DJF 177.292199
DKK 6.46287
DOP 58.803167
DZD 130.034183
EGP 49.771893
ERN 15
ETB 134.317771
EUR 0.86646
FJD 2.24825
FKP 0.736781
GBP 0.738145
GEL 2.740151
GGP 0.736781
GHS 10.254857
GIP 0.736781
GMD 70.499395
GNF 8627.060707
GTQ 7.650902
GYD 208.299078
HKD 7.849445
HNL 25.985029
HRK 6.530698
HTG 130.569859
HUF 348.923504
IDR 16299.3
ILS 3.600215
IMP 0.736781
INR 86.184499
IQD 1304.227424
IRR 42099.99976
ISK 124.769816
JEP 0.736781
JMD 159.404613
JOD 0.709009
JPY 144.480967
KES 128.631388
KGS 87.449956
KHR 3992.038423
KMF 426.500902
KPW 899.999993
KRW 1367.78944
KWD 0.30622
KYD 0.829648
KZT 510.665917
LAK 21481.545584
LBP 89206.525031
LKR 298.109126
LRD 199.125957
LSL 17.917528
LTL 2.95274
LVL 0.60489
LYD 5.439834
MAD 9.103111
MDL 17.04989
MGA 4495.694691
MKD 53.251698
MMK 2099.702644
MNT 3581.705956
MOP 8.049154
MRU 39.525767
MUR 45.510171
MVR 15.404988
MWK 1726.364069
MXN 18.948498
MYR 4.250453
MZN 63.949697
NAD 17.917528
NGN 1542.439982
NIO 36.640561
NOK 9.91288
NPR 137.077582
NZD 1.660755
OMR 0.384259
PAB 0.99563
PEN 3.593613
PGK 4.159058
PHP 56.089616
PKR 282.254944
PLN 3.69964
PYG 7944.268963
QAR 3.631864
RON 4.349496
RSD 101.423565
RUB 79.582377
RWF 1437.670373
SAR 3.753593
SBD 8.347391
SCR 14.20991
SDG 600.501128
SEK 9.505555
SGD 1.282625
SHP 0.785843
SLE 22.050414
SLL 20969.503664
SOS 568.99312
SRD 37.527978
STD 20697.981008
SVC 8.711869
SYP 13001.852669
SZL 17.905759
THB 32.482496
TJS 10.055644
TMT 3.5
TND 2.945956
TOP 2.342102
TRY 39.369857
TTD 6.751763
TWD 29.519789
TZS 2573.66622
UAH 41.29791
UGX 3587.901865
UYU 40.932889
UZS 12650.253126
VES 102.166951
VND 26075
VUV 119.102168
WST 2.619186
XAF 567.657825
XAG 0.02756
XAU 0.00029
XCD 2.70255
XDR 0.705984
XOF 567.657825
XPF 103.206265
YER 243.350286
ZAR 17.96034
ZMK 9001.199631
ZMW 24.069058
ZWL 321.999592
  • CMSC

    0.0900

    22.314

    +0.4%

  • CMSD

    0.0250

    22.285

    +0.11%

  • RBGPF

    0.0000

    69.04

    0%

  • SCS

    0.0400

    10.74

    +0.37%

  • RELX

    0.0300

    53

    +0.06%

  • RIO

    -0.1400

    59.33

    -0.24%

  • GSK

    0.1300

    41.45

    +0.31%

  • NGG

    0.2700

    71.48

    +0.38%

  • BP

    0.1750

    30.4

    +0.58%

  • BTI

    0.7150

    48.215

    +1.48%

  • BCC

    0.7900

    91.02

    +0.87%

  • JRI

    0.0200

    13.13

    +0.15%

  • VOD

    0.0100

    9.85

    +0.1%

  • BCE

    -0.0600

    22.445

    -0.27%

  • RYCEF

    0.1000

    12

    +0.83%

  • AZN

    -0.1200

    73.71

    -0.16%

Paris climate targets feasible if nations keep vows
Paris climate targets feasible if nations keep vows / Photo: © AFP/File

Paris climate targets feasible if nations keep vows

If all nations honour promises to reduce greenhouse gas emissions, there is a chance of capping the rise in global temperatures to under two degrees Celsius, the cornerstone target of the Paris Agreement, researchers said Wednesday.

Text size:

But that is a very big "if", they acknowledge in a peer-reviewed study, published in Nature.

The calculus includes not only carbon-cutting commitments officially registered under the 2015 treaty, but a raft of pledges made on the sidelines of last years COP26 UN climate summit in Glasgow -- to curb deforestation and methane leaks, for example -- that lack means for monitoring or verification.

They also include actions to lower emissions in developing countries that are contingent on financing, something wealthy nations have so far failed to deliver at agreed-upon levels.

The new estimates likewise fold in pledges to become carbon neutral by mid-century that do not detail how that will be achieved.

"Long-term targets should be treated with scepticism if they are not supported by short-term commitments to put countries on a pathway in the next decade to meet those targets," Zeke Hausfather, a researcher at Berkeley Earth, said, commenting on the study.

Most rich countries have announced they will be "net zero" by 2050, while China and India have vowed to reach that point by 2060 and 2070, respectively.

"Is our study a good news story?" lead author Malte Meinshausen, a professor at the University of Melbourne, asked in a briefing with journalists.

"Yes, because for the first time we can possibly keep warming below the symbolic 2C mark with promises on the table," he continued.

- Curb your optimism -

"And no, because we show clearly that increased action this decade is necessary for us to have a chance of not shooting past 1.5C by a large margin."

As deadly and costly climate impacts have increased, most nations have embraced the Paris deal's more ambitious "aspirational" target of holding the rise in global temperatures to 1.5C above preindustrial levels.

The UN's Intergovernmental Panel on Climate Change (IPCC) said in a landmark report earlier this month that carbon pollution must peak before 2025 and be cut in half by 2030 to have even a chance of reaching that goal.

Recent trends do not suggest the world is headed in the right direction: greenhouse gas emissions last year regained the record levels of 2019 after Covid lockdowns lowered them in 2020.

"Some government and business leaders are saying one thing –- but doing another," UN chief Antonio Guterres said last week when the IPCC report was launched. "Simply put, they are lying."

The new research analyses data from 196 countries from 2015 until the end of the COP26 meeting in mid-November 2021.

It concludes that if all pledges are implemented in full and on time, warming can be limited to 1.9C to 2.0C.

Unless immediate steps are taken to drive down emissions even further, 1.5C will almost certainly remain out of reach, the authors said.

If no additional efforts are made beyond pledges -- know as nationally determined contributions -- submitted under the Paris Agreement, Earth's surface will warm to a catastrophic 2.8C, the IPCC has said.

"Optimism should be curbed until promises to reduce emissions in the future are backed up with stronger short-term action," Hausfather and Frances Moore, a scientist at the University of California, Davis said in a comment, also in Nature.

M.Chau--ThChM