The China Mail - Three positive climate developments

USD -
AED 3.672502
AFN 64.492811
ALL 79.750205
AMD 363.683912
ANG 1.790365
AOA 917.000227
ARS 1514.250803
AUD 1.405047
AWG 1.8025
AZN 1.680717
BAM 1.704921
BBD 2.015858
BDT 122.799983
BGN 1.683441
BHD 0.377309
BIF 3006.159305
BMD 1
BND 1.276497
BOB 9.827834
BRL 5.111603
BSD 1.000902
BTN 95.846319
BWP 13.583363
BYN 3.017728
BYR 19600
BZD 2.012981
CAD 1.402855
CDF 2309.99992
CHF 0.82117
CLF 0.023994
CLP 947.400406
CNY 6.695399
CNH 6.69679
COP 3203.92
CRC 447.749483
CUC 1
CUP 26.5
CVE 96.120821
CZK 21.215994
DJF 178.230338
DKK 6.520043
DOP 59.054809
DZD 133.647026
EGP 51.921047
ERN 15
ETB 163.444079
EUR 0.87221
FJD 2.23815
FKP 0.747949
GBP 0.74765
GEL 2.594994
GGP 0.747949
GHS 11.518982
GIP 0.747949
GMD 73.484438
GNF 8798.144822
GTQ 7.63806
GYD 209.344898
HKD 7.844202
HNL 26.92992
HRK 6.569202
HTG 130.812686
HUF 315.578979
IDR 17866
ILS 3.015955
IMP 0.747949
INR 95.79595
IQD 1310.5
IRR 1374850.000255
ISK 120.540294
JEP 0.747949
JMD 157.741027
JOD 0.708997
JPY 157.612501
KES 129.509619
KGS 87.449499
KHR 4055.603262
KMF 430.000492
KPW 900.000318
KRW 1357.990272
KWD 0.30868
KYD 0.834049
KZT 449.063035
LAK 22420.895249
LBP 89627.698759
LKR 330.838539
LRD 173.147757
LSL 16.260151
LTL 2.95274
LVL 0.60489
LYD 6.375457
MAD 9.537462
MDL 17.579802
MGA 4394.999802
MKD 53.632916
MMK 2099.019807
MNT 3596.806502
MOP 8.087347
MRU 40.225095
MUR 47.659768
MVR 15.460072
MWK 1735.442448
MXN 17.229705
MYR 4.076298
MZN 63.898585
NAD 16.285706
NGN 1324.402424
NIO 36.674989
NOK 9.434475
NPR 153.352455
NZD 1.74306
OMR 0.384507
PAB 1.000741
PEN 3.378372
PGK 4.447503
PHP 62.695504
PKR 277.363009
PLN 3.79073
PYG 5956.994216
QAR 3.658022
RON 4.590897
RSD 102.310972
RUB 83.747498
RWF 1472.253582
SAR 3.755168
SBD 8.026013
SCR 13.777917
SDG 601.498035
SEK 9.839565
SGD 1.27575
SHP 0.74758
SLE 24.650063
SLL 20969.491881
SOS 571.487652
SRD 37.710496
STD 20697.981008
STN 21.7
SVC 8.757209
SYP 13002.000254
SZL 16.249882
THB 33.266499
TJS 9.233036
TMT 3.5
TND 2.954011
TOP 2.40776
TRY 48.819901
TTD 6.800894
TWD 31.738499
TZS 2652.44987
UAH 44.807225
UGX 3933.225821
UYU 40.216031
UZS 11800.000084
VES 851.3413
VND 26014.5
VUV 118.301728
WST 2.751033
XAF 572.13219
XAG 0.015292
XAU 0.000232
XCD 2.70255
XCG 1.803837
XDR 0.707052
XOF 572.13219
XPF 104.499765
YER 236.550036
ZAR 16.26848
ZMK 9001.202326
ZMW 19.542219
ZWL 321.999592
SSP 5712.529845
MXV 1.952872
  • BCC

    -0.0300

    75.66

    -0.04%

  • CMSC

    -0.0400

    20.67

    -0.19%

  • BTI

    -0.0800

    55.75

    -0.14%

  • JRI

    -0.0300

    11.52

    -0.26%

  • GSK

    0.8600

    51.08

    +1.68%

  • BCE

    -0.0700

    21.99

    -0.32%

  • BP

    -1.4200

    43.16

    -3.29%

  • RIO

    -0.3300

    97.04

    -0.34%

  • CMSD

    0.0900

    20.54

    +0.44%

  • NGG

    -0.1200

    76.68

    -0.16%

  • RBGPF

    0.0000

    67.95

    0%

  • RELX

    0.0000

    33.41

    0%

  • RYCEF

    0.4600

    19.7

    +2.34%

  • AZN

    2.0200

    168.1

    +1.2%

  • VOD

    0.0700

    17.02

    +0.41%

Three positive climate developments
Three positive climate developments / Photo: © AFP

Three positive climate developments

While humanity's efforts to curb planet-warming emissions are nowhere near enough to avoid heating the world to catastrophic levels, tentative improvements show that progress is possible.

Text size:

The climate trajectory, while still poor, has improved since countries signed the Paris Agreement in 2015 and committed to limiting the global temperature rise to "well below" two degrees Celsius above pre-industrial levels, preferably a safer 1.5C.

And the uptake of renewable energy is providing a rare glimmer of hope.

- Heating -

When the Paris Agreement was adopted, the global reliance on fossil fuels -- oil, gas and coal -- placed the world on a path towards a 3.5C rise in temperature by 2100 compared to the pre-industrial era, the International Energy Agency (IEA) said at the time.

Warming of that scale would prompt catastrophic climate disasters worldwide, including the risk of mass extinctions, the melting of glaciers and permafrost that could eventually unleash metres of sea level rise and unliveable conditions across much of the planet.

Eight years on, country commitments to reduce their carbon footprints have pulled that down slightly, putting the world on a path for a still-disastrous 2.5C to 2.9C by the end of the century, according to the UN's Environment Programme this month.

Every tenth of a degree of warming compounds the negative impacts on the climate, but the modest temperature reduction "reflects progress made in the transition to a lower emissions energy system since 2015", said the IEA.

But it "still falls far short of what is needed", the agency added.

- Peak emissions -

Annual greenhouse gas emissions responsible for climate change have risen roughly nine percent since COP21, according to UN data.

That increase led to record-breaking concentrations of CO2, methane (CH4) and nitrous oxide (N2O) in the atmosphere in 2022, the World Meteorological Organization said last week.

But the rate of the increase has slowed significantly.

The climate experts of the UN Intergovernmental Panel on Climate Change (IPCC) have projected that to meet the Paris goals, emissions need to peak by 2025.

To limit temperature rise to 1.5C emissions need to be slashed almost in half by 2030.

Recent estimates by the Climate Analytics institute find global emissions could peak by 2024 or even as early as this year.

The IEA in its pre-Paris deal assessment predicted that carbon dioxide emissions tied to the energy sector -- responsible for more than 80 percent of CO2 emitted by human activity -- could reach 43 gigatonnes (Gt) in 2030.

But the agency now says that current efforts mean that figure will be 35Gt by 2030.

That difference was "equal to the current combined energy sector emissions of the United States and European Union", it said.

- Rising renewables -

Three technologies -- solar, wind and electric vehicles -- are largely behind the improved global warming estimates since 2015.

"Solar PV is projected to reduce emissions by around three Gt in 2030," the OCED now estimates, "roughly equivalent to the emissions from all the world's cars on the road today."

Wind power is expected to reduce emissions by two gigatonnes in 2030 and electric vehicles (EVs) by around one gigatonne, compared to pre-Paris Agreement scenarios.

Photovoltaics (PVs) and wind power are expected to represent around 15 percent of global electricity production in 2030 - seven times the wind power and three times the PVs that the IEA predicted in 2015.

At the time, fleets of electric vehicles seemed a pipedream. The IEA anticipated that EVs would account for less than two percent of car sales by 2030.

It now estimates that more than a third will be purchases of electric vehicles by the end of the decade.

And the numbers are accelerating. "Clean energy technology adoption surged at an unprecedented pace over the last two years," said the IEA, noting a 50-percent increase in solar PV capacity and a 240-percent rise in EV sales.

The IEA attributes the progress -- unthinkable before the Paris Agreement -- to declining costs and public policy initiatives from China, the United States and Europe among others.

Five-year plans in China have raised ambitions for solar power and driven down global costs.

Off-shore wind projects in Europe "kick-started a global industry" and electric two-wheelers and buses "have seen significant uptake in India and other emerging markets", said the agency.

N.Wan--ThChM