The United Nations has published its 2024 Nationally Determined Contributions (NDC) Synthesis Report. The report paints a dire picture of the world's ability to meet its climate goals, as it evaluates the combined impact of nations' current national climate plans (NDCs) on expected global emissions in 2030.
According to the UN, the aggregated effect of these NDCs falls woefully short of the required reductions needed to limit global warming to 1.5°C above pre-industrial levels, as enshrined in the Paris Agreement. The report's findings have sparked alarm and prompted renewed calls for urgent action from world leaders, policymakers, and climate activists.
Document suggests that detailed sectoral breakdowns of emissions reductions and credible implementation plans with substantive regulations, laws, and funding are needed. Adaptation priorities and investments to protect critical sectors and infrastructure from climate impacts should also be considered.
The report emphasizes the need for countries to take a "bold new step" in their climate action, with concrete outcomes expected at COP29. Governments must translate pledges into real-world results. This includes scaling up renewable energy, strengthening adaptation efforts, accelerating the transition to low-carbon economies everywhere.
The report calls on governments to come to COP29 ready to deliver on these commitments, particularly in terms of climate finance that takes account of developing country needs. The success of COP29 will depend on countries' ability to translate ambition into action and implementation.
Azerbaijan will unveil a new set of sustainable investment standards at the COP29 U.N. climate talks, with support from over 100 countries. The Central Bank aims to simplify green finance and announce funding commitments for green projects by 2030.
A new global report highlights the urgent need to reduce nitrous oxide emissions, as failing to do so threatens the Paris climate agreement's goal of limiting global warming to 1.5 degrees Celsius.
The UN warns that national pledges to cut greenhouse gas emissions fall far short of what's needed to combat climate change. As countries prepare for COP29 in Baku, stronger commitments are essential to limit global warming to 1.5°C.
A new report highlights escalating health risks from climate change, with more dangerous temperatures and worsening conditions, while calling for greater recognition of health in climate negotiations.
United Nations warned that the world is on course for a 3.1°C temperature increase by the end of the century
U.S. stocks dip as election nears, with Trump and Harris in a tight race and investors bracing for Fed policy news.
Democratic presidential candidate Kamala Harris campaigns in Michigan on Sunday while her Republican rival Donald Trump stops in three eastern battleground states just two days before elections
Democratic candidate Kamala Harris and Republican Donald Trump remain in a tight race in the country's seven battleground states
Ryanair has trimmed its passenger growth target for the year ending March 2026 from 215 million to 210 million due to Boeing delivery delays. Despite a reported after-tax profit of 1.79 billion euros, average fares dropped by 10% this year.
Retailers like Walmart are using advanced weather data to shape local promotions and inventory, adjusting prices on seasonal items like sunscreen and winter gear. New tools help companies plan amid unpredictable weather patterns driven by climate change.
To combat the decline in air quality during the past three weeks, authorities in the capital and surrounding cities of India fined thousands of car owners and construction sites for violating pollution regulations.
Unprecedented air pollution levels in Pakistan's second-largest city of Lahore prompted authorities to take emergency measures
In response to devastating floods that have claimed over 150 lives in Spain, the UN is emphasizing the need for immediate global action to reduce greenhouse gas emissions
Azerbaijan will unveil a new set of sustainable investment standards at the COP29 U.N. climate talks, with support from over 100 countries. The Central Bank aims to simplify green finance and announce funding commitments for green projects by 2030.
U.S. stocks dip as election nears, with Trump and Harris in a tight race and investors bracing for Fed policy news.
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