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Your Climate Action Diary - 48

Year 2023 • Week 38 • Anushthatri Sharma
Hi ,

Hope you are well !

Things are beginning to heat up as we edge closer to COP28, the next major global climate negotiations to be held this November.

Among these in preparation for COP28, the UN has released a report on the progress toward the long-term goals of the Paris Agreement, concluding that global efforts to combat climate change are not on track to achieve net-zero emissions by 2050.

Critics also calls for increased climate financing, adaptation planning, and international cooperation at the local level. The report underscores the urgency of aligning efforts with the 1.5-degree Celsius target and building capacity to address climate change effectively.

Stay Critical. 

Regards, 
Harish
Team - OnePointFive Tribe

Global Climate Action Not on Track: Says UN Ahead of COP28

In preparation for COP28, the UN has released a report on the progress toward the long-term goals of the Paris Agreement, concluding that global efforts to combat climate change are not on track to achieve net-zero emissions by 2050. The report, which outlines 17 key findings, emphasizes the need for more rapid and equitable action, including policies supporting emissions reduction, renewable energy expansion, and just transition principles.

EPA Report: Inflation Reduction Act to Drastically Cut Carbon Emissions

The Inflation Reduction Act (IRA) is expected to substantially reduce carbon emissions in the U.S., cutting economy-wide emissions by 35-43% below 2005 levels by 2030, according to the Environmental Protection Agency (EPA). In the electric power sector, it may lead to emission reductions of 49-83% from 2005 levels by 2030. The biggest emission reductions are anticipated in building electricity use and the transportation sector (respectively 49-63% & 11-25% by 2030).

UN Report Urges Synergy Between Climate Action & SDGs

A UN report highlights the need to maximize synergies between climate action and the Sustainable Development Goals. The report emphasizes that addressing climate change and pursuing the SDGs go hand-in-hand, with co-benefits often outweighing trade-offs. It calls for better coordination, policy coherence, and changes to governance frameworks at the national and international levels.

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