AGL 40.21 Increased By ▲ 0.18 (0.45%)
AIRLINK 127.64 Decreased By ▼ -0.06 (-0.05%)
BOP 6.67 Increased By ▲ 0.06 (0.91%)
CNERGY 4.45 Decreased By ▼ -0.15 (-3.26%)
DCL 8.73 Decreased By ▼ -0.06 (-0.68%)
DFML 41.16 Decreased By ▼ -0.42 (-1.01%)
DGKC 86.11 Increased By ▲ 0.32 (0.37%)
FCCL 32.56 Increased By ▲ 0.07 (0.22%)
FFBL 64.38 Increased By ▲ 0.35 (0.55%)
FFL 11.61 Increased By ▲ 1.06 (10.05%)
HUBC 112.46 Increased By ▲ 1.69 (1.53%)
HUMNL 14.81 Decreased By ▼ -0.26 (-1.73%)
KEL 5.04 Increased By ▲ 0.16 (3.28%)
KOSM 7.36 Decreased By ▼ -0.09 (-1.21%)
MLCF 40.33 Decreased By ▼ -0.19 (-0.47%)
NBP 61.08 Increased By ▲ 0.03 (0.05%)
OGDC 194.18 Decreased By ▼ -0.69 (-0.35%)
PAEL 26.91 Decreased By ▼ -0.60 (-2.18%)
PIBTL 7.28 Decreased By ▼ -0.53 (-6.79%)
PPL 152.68 Increased By ▲ 0.15 (0.1%)
PRL 26.22 Decreased By ▼ -0.36 (-1.35%)
PTC 16.14 Decreased By ▼ -0.12 (-0.74%)
SEARL 85.70 Increased By ▲ 1.56 (1.85%)
TELE 7.67 Decreased By ▼ -0.29 (-3.64%)
TOMCL 36.47 Decreased By ▼ -0.13 (-0.36%)
TPLP 8.79 Increased By ▲ 0.13 (1.5%)
TREET 16.84 Decreased By ▼ -0.82 (-4.64%)
TRG 62.74 Increased By ▲ 4.12 (7.03%)
UNITY 28.20 Increased By ▲ 1.34 (4.99%)
WTL 1.34 Decreased By ▼ -0.04 (-2.9%)
BR100 10,086 Increased By 85.5 (0.85%)
BR30 31,170 Increased By 168.1 (0.54%)
KSE100 94,764 Increased By 571.8 (0.61%)
KSE30 29,410 Increased By 209 (0.72%)

PARIS: Renewed promises to slash greenhouse gas emissions from countries as part of the Paris climate deal are “very far” from what is required to avert catastrophic global warming, the United Nations said Friday. In its assessment of the pledges made in recent months by around 75 countries and the European Union, UN Climate Change said that only around 30 percent of global emissions were covered in the commitments.

“It’s incredible to think that just when nations are facing an emergency that could eventually end human life on this planet — despite every study, every report and clear warnings from scientists throughout the world — many nations are sticking to their business as usual approach,” said the UN’s climate chief Patricia Espinosa.

Under the landmark 2015 Paris deal, nations promised to work to limit global temperature rises to “well below” two degrees Celsius (3.6 Farenheit) above pre-industrial levels.

To achieve this, and to gun for a safer temperature cap of 1.5C, nations committed to slash emissions, as well as to provide assistance to the most climate-vulnerable countries. The deal included a “ratchet” mechanism in which signatories agreed to a rolling five-year review of their climate pledges — known as Nationally Determined Contributions, or NDCs — in which they are supposed to display ever greater ambition for action.

The first deadline for renewed NDCs passed last year.

The Intergovernmental Panel on Climate Change — the world’s pre-eminent body on global warming — says that emissions should be around 45 percent lower by 2030 compared with 2010 levels to meet the 1.5C goal.

The UN said on Friday that the combined impact of the renewed NDCs would constitute a less than one percent drop in emissions in the same timeframe. Espinosa urged major emitters, particularly G20 nations, to “lead the way” in showing greater ambition to cut emissions.

Comments

Comments are closed.