header logo
Asia asset finance
Latest
U.N. says world likely to miss climate targets despite COVID pause in emissions
Sep 16, 202107:35 PM
U.N. says world likely to miss climate targets despite COVID pause in emissions

The pace of climate change has not been slowed by the global COVID-19 pandemic and the world remains behind in its battle to cut carbon emissions, the United Nations said on Thursday.

 

The virus-related economic downturn caused only a temporary downturn in CO2 emissions last year and it was not enough to reverse rising levels of greenhouse gases in the atmosphere, the World Meteorological Organization (WMO) said.

 

“There was some thinking that the COVID lockdowns would have had a positive impact on the (…) atmosphere, which is not the case,” WMO Secretary-General Petteri Taalas said at a news briefing.

 

The world in 2021 was missing the mark of building back sustainably from the COVID-19 crisis and “not going in the right direction,” Taalas said.

 

Reduction targets for emissions are not being met and there is a rising likelihood the world will miss its Paris Agreement aim of reducing global warming to 1.5 degrees Celsius above pre-industrial levels, the WMO said in its United in Science 2021 Report.

 

“This is a critical year for climate action,” U.N. Secretary-General Antonio Guterres said in a statement, and the results were an “alarming appraisal of just how far off course we are.”

 

“This year has seen fossil fuel emissions bounce back, greenhouse gas concentrations continuing to rise and severe human-enhanced weather events that have affected health, lives and livelihoods on every continent,” he said.

 

Concentrations in the atmosphere of the major greenhouse gases - CO2, methane and nitrous oxide - continued to increase in 2020 and the first half of 2021, the U.N. said.

 

The average global temperature for the past five years was among the highest on record, estimated at 1.06C to 1.26C above pre-industrial levels.

 

There is now a 40% chance that the average global temperature in one of the next five years will be at least 1.5C warmer than pre-industrial levels, the report said.

 

“Unless there are immediate, rapid and large-scale reductions in greenhouse gas emissions, limiting warming to 1.5C will be impossible, with catastrophic consequences for people and the planet on which we depend,” Guterres said.

 

The United in Science 2021 report presents the latest scientific data and findings related to climate change.

 

WMO’s Taalas compared the dramatic upsets to daily life caused by the COVID-19 pandemic to the more moderate changes required to mitigate climate change and stave off much more dire consequences.

 

“If we fail at climate mitigation, we would have a permanent problem for at least hundreds or even thousands of years,” he said. “The...economic, human wellbeing effects would be much more dramatic than this COVID pandemic.”

 

Source: Reuters
-Agencies

 

 

 

MostRead
Mobitel 5g
VideoStories
Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka's dengue cases cross 35,000 with 19 deaths reported so far this year

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Sri Lanka marks World Environment Day 2026 under Presidential patronage

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

Govt is misusing PTA in an unprecedented manner, Dilith Jayaweera says

MP Upali Pannilage claims Anguruwatota elders’ home was not registered with any relevant authority

MP Upali Pannilage claims Anguruwatota elders’ home was not registered with any relevant authority

Private bus operators demand 5% fare revision following the fuel price hike

Private bus operators demand 5% fare revision following the fuel price hike

MP Ravi Karunanayake submits motion seeking parliamentary committee to probe CBSL independence

MP Ravi Karunanayake submits motion seeking parliamentary committee to probe CBSL independence

Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Sri Lanka likely to face drought in July-August as El Nino threat grows - Met Dept.

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Funds collected under ‘Rebuilding Sri Lanka’ initiative remain unused in Treasury DST account?

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Fuel import costs hit USD 522 million in May,highest monthly foreign reserve outflow

Cabinet approves allocation of over Rs. 500 million  for key development projects in 23 cities

Cabinet approves allocation of over Rs. 500 million for key development projects in 23 cities

“Govt. will fulfill public aspirations”  Past welfare programs fostered political dependency: PM

“Govt. will fulfill public aspirations” Past welfare programs fostered political dependency: PM

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

"CPC incurring massive losses on fuel sales" Cabinet Spokesman says fuel price revisions inevitable

“Preserving the Himalayas, a global responsibility”  Nepal Embassy celebrates Int'l Sagarmatha Day

“Preserving the Himalayas, a global responsibility” Nepal Embassy celebrates Int'l Sagarmatha Day

“Sri Lanka is facing a massive economic crisis” Sajith urges govt. to act decisively (English)

“Sri Lanka is facing a massive economic crisis” Sajith urges govt. to act decisively (English)

"Fuel price hike relatively minor" Consumption must be reduced to prevent further hikes – Minister

"Fuel price hike relatively minor" Consumption must be reduced to prevent further hikes – Minister

Lassana Flora