The UN has called for massive efforts to cut the emissions that drive climate change after a warning that the world is on track for a “catastrophic” 3.1°C of global warming by the end of this century.
Its annual report highlights the gap between cuts to emissions needed to limit global warming to 1.5°C above pre-industrial levels and what countries are doing and have pledged to do, with the UN Environment Programme (Unep) saying the goal would “soon be dead” without a global mobilisation on a scale and at a pace not seen before.
Depending on the progress made in current climate action pledges, the UN warned the world was currently on track for temperature rises of between 2.6°C and 3.1°C before the next century.
The effects of climate change on the Middle East region - in pictures
The warning comes ahead of next month’s UN Cop29 talks in Baku, the capital of fossil fuel-rich Azerbaijan, where nations are facing calls to agree on bolder action to scale up finance for developing countries to tackle climate change, and to close the emissions gap.
At the Paris climate talks in 2015, countries agreed to limit temperature rises to “well below” 2°C and pursue efforts to curb them to 1.5°C above pre-industrial levels.
Scientists have warned there is no safe amount of climate change but 1.5°C has come to be seen as a threshold beyond which the worst effects of heatwaves, drought, flooding, the collapse of natural systems and rising sea levels will be felt.
Nations have set out country-level action plans, known as nationally determined contributions (NDCs), for meeting the Paris target, through cutting emissions from activities such as burning fossil fuels and creating or restoring habitats such as forests to capture carbon, up to 2030.
But as countries prepare to submit the next set of plans for action up to 2035 in the next few months, Unep is warning the goal of preventing dangerous warming is slipping out of reach.
The report said global greenhouse gases are still rising and were up 1.3 per cent in 2023 on the previous year's levels – a faster increase than the average of the past decade – with the G20 group of leading economies accounting for more than three quarters (77 per cent) of emissions.
Under current policies the world is facing long-term global warming of 3.1°C and even if countries deliver on their climate plans up to 2030, it will lead to temperature rises of 2.6°C to 2.8°C, it added. But countries are off-track even for those plans.
Responding to the report, UN Secretary General Antonio Guterres said the world was “teetering on a planetary tightrope”.
“Either leaders bridge the emissions gap, or we plunge headlong into climate disaster – with the poorest and most vulnerable suffering the most,” he said.
He said people were already suffering from monster hurricanes, biblical floods and record heat, which was turning forests into tinder boxes and cities into saunas, and warned “current policies are taking us towards a catastrophic 3.1°C temperature rise by the end of the century”.
He said governments must drive down all greenhouse gas emissions – weaning the world off fossil fuels, accelerating the introduction of renewables, and halting and reversing deforestation – and agree to a new finance goal at Cop29 to unlock the huge sums of money developing countries need to tackle climate change.
Inger Andersen, executive director of Unep, said: “Climate crunch time is here. We need global mobilisation on a scale and pace never seen before – starting right now, before the next round of climate pledges – or the 1.5°C goal will soon be dead and well below 2°C will take its place in the intensive care unit."
She urged nations meeting for Cop29 to increase action now, set the stage for stronger national plans, then “go all-out to get on a 1.5°C pathway”.
“Even if the world overshoots 1.5°C – and the chances of this happening are increasing every day – we must keep striving for a net-zero, sustainable and prosperous world," she added. “Every fraction of a degree avoided counts in terms of lives saved, economies protected, damages avoided, biodiversity conserved and the ability to rapidly bring down any temperature overshoot.”
Nations must collectively commit to cut 42 per cent of annual greenhouse gas emissions by 2030 and 57 per cent by 2035 in the next round of NDCs to achieve the 1.5°C goal, Unep warned.
It is technically feasible to deliver such a cut, by tripling renewable energy capacity by 2030, stepping up energy efficiency improvements, shifting away from fossil fuel use, and protecting and restoring natural habitats such as forests and mangroves.
But there must be a massive globalisation effort to cut the global greenhouse gases driving rising temperatures, starting today and led by the G20, Unep said.
MOUNTAINHEAD REVIEW
Starring: Ramy Youssef, Steve Carell, Jason Schwartzman
Director: Jesse Armstrong
Rating: 3.5/5
The five pillars of Islam
1. Fasting
2. Prayer
3. Hajj
4. Shahada
5. Zakat
Everton%20Fixtures
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Biog
Mr Kandhari is legally authorised to conduct marriages in the gurdwara
He has officiated weddings of Sikhs and people of different faiths from Malaysia, Sri Lanka, Russia, the US and Canada
Father of two sons, grandfather of six
Plays golf once a week
Enjoys trying new holiday destinations with his wife and family
Walks for an hour every morning
Completed a Bachelor of Commerce degree in Loyola College, Chennai, India
2019 is a milestone because he completes 50 years in business
In Praise of Zayed
A thousand grains of Sand whirl in the sky
To mark the journey of one passer-by
If then a Cavalcade disturbs the scene,
Shall such grains sing before they start to fly?
What man of Honour, and to Honour bred
Will fear to go wherever Truth has led?
For though a Thousand urge him to retreat
He'll laugh, until such counsellors have fled.
Stands always One, defiant and alone
Against the Many, when all Hope has flown.
Then comes the Test; and only then the time
Of reckoning what each can call his own.
History will not forget: that one small Seed
Sufficed to tip the Scales in time of need.
More than a debt, the Emirates owe to Zayed
Their very Souls, from outside influence freed.
No praise from Roderic can increase his Fame.
Steadfastness was the Essence of his name.
The changing years grow Gardens in the Sand
And build new Roads to Sand which stays the same.
But Hearts are not rebuilt, nor Seed resown.
What was, remains, essentially Alone.
Until the Golden Messenger, all-wise,
Calls out: "Come now, my Friend!" - and All is known
- Roderic Fenwick Owen
Alan%20Wake%20Remastered%20
%3Cp%3E%3Cstrong%3EDeveloper%3A%20%3C%2Fstrong%3ERemedy%20Entertainment%3Cbr%3E%3Cstrong%3EPublisher%3A%3C%2Fstrong%3E%20Microsoft%20Game%20Studios%3Cbr%3E%3Cstrong%3EConsoles%3A%3C%2Fstrong%3E%20PlayStation%204%20%26amp%3B%205%2C%20Xbox%3A%20360%20%26amp%3B%20One%20%26amp%3B%20Series%20X%2FS%20and%20Nintendo%20Switch%3Cbr%3E%3Cstrong%3ERating%3A%3C%2Fstrong%3E%204%2F5%3C%2Fp%3E%0A
UAE v IRELAND
All matches start at 10am, and will be played in Abu Dhabi
1st ODI, Friday, January 8
2nd ODI, Sunday, January 10
3rd ODI, Tuesday, January 12
4th ODI, Thursday, January 14
Company%20profile
%3Cp%3E%3Cstrong%3ECompany%3A%20%3C%2Fstrong%3EPOPC%3Cbr%3E%3Cstrong%3EStarted%3A%20%3C%2Fstrong%3E2022%3Cbr%3E%3Cstrong%3EFounders%3A%20%3C%2Fstrong%3EAmna%20Aijaz%2C%20Haroon%20Tahir%20and%20Arafat%20Ali%20Khan%3Cbr%3E%3Cstrong%3EBased%3A%3C%2Fstrong%3E%20Dubai%2C%20UAE%3Cbr%3E%3Cstrong%3EIndustry%3A%20%3C%2Fstrong%3Eart%20and%20e-commerce%3Cbr%3E%3Cstrong%3EFunds%20raised%3A%20u%3C%2Fstrong%3Endisclosed%20amount%20raised%20through%20Waverider%20Entertainment%3C%2Fp%3E%0A
From Zero
Artist: Linkin Park
Label: Warner Records
Number of tracks: 11
Rating: 4/5
Will the pound fall to parity with the dollar?
The idea of pound parity now seems less far-fetched as the risk grows that Britain may split away from the European Union without a deal.
Rupert Harrison, a fund manager at BlackRock, sees the risk of it falling to trade level with the dollar on a no-deal Brexit. The view echoes Morgan Stanley’s recent forecast that the currency can plunge toward $1 (Dh3.67) on such an outcome. That isn’t the majority view yet – a Bloomberg survey this month estimated the pound will slide to $1.10 should the UK exit the bloc without an agreement.
New Prime Minister Boris Johnson has repeatedly said that Britain will leave the EU on the October 31 deadline with or without an agreement, fuelling concern the nation is headed for a disorderly departure and fanning pessimism toward the pound. Sterling has fallen more than 7 per cent in the past three months, the worst performance among major developed-market currencies.
“The pound is at a much lower level now but I still think a no-deal exit would lead to significant volatility and we could be testing parity on a really bad outcome,” said Mr Harrison, who manages more than $10 billion in assets at BlackRock. “We will see this game of chicken continue through August and that’s likely negative for sterling,” he said about the deadlocked Brexit talks.
The pound fell 0.8 per cent to $1.2033 on Friday, its weakest closing level since the 1980s, after a report on the second quarter showed the UK economy shrank for the first time in six years. The data means it is likely the Bank of England will cut interest rates, according to Mizuho Bank.
The BOE said in November that the currency could fall even below $1 in an analysis on possible worst-case Brexit scenarios. Options-based calculations showed around a 6.4 per cent chance of pound-dollar parity in the next one year, markedly higher than 0.2 per cent in early March when prospects of a no-deal outcome were seemingly off the table.
Bloomberg
Credits
Produced by: Colour Yellow Productions and Eros Now
Director: Mudassar Aziz
Cast: Sonakshi Sinha, Jimmy Sheirgill, Jassi Gill, Piyush Mishra, Diana Penty, Aparshakti Khurrana
Star rating: 2.5/5
The studios taking part (so far)
- Punch
- Vogue Fitness
- Sweat
- Bodytree Studio
- The Hot House
- The Room
- Inspire Sports (Ladies Only)
- Cryo
The bio
Date of Birth: April 25, 1993
Place of Birth: Dubai, UAE
Marital Status: Single
School: Al Sufouh in Jumeirah, Dubai
University: Emirates Airline National Cadet Programme and Hamdan University
Job Title: Pilot, First Officer
Number of hours flying in a Boeing 777: 1,200
Number of flights: Approximately 300
Hobbies: Exercising
Nicest destination: Milan, New Zealand, Seattle for shopping
Least nice destination: Kabul, but someone has to do it. It’s not scary but at least you can tick the box that you’ve been
Favourite place to visit: Dubai, there’s no place like home
