Khushi Doshi
Published on: April 5, 2022 at 16:26 IST
Implementing immediate action on, the Intergovernmental Panel on Climate Change stated that Global Greenhouse Emissions must peak by 2025 ‘at the latest’ if the world is to limit Temperature rise to 1.5 degrees Celsius above pre-industrial levels.
Furthermore, Global Emissions would have to be reduced by 43% from current levels by 2030 to meet the 1.5-degree Celsius target, according to the report.
The Intergovernmental Panel on Climate Change’s latest Assessment Report, released on Monday, provides an Assessment of current actions and where they will lead us in the fight against Climate Change.
It has also assessed the various options available to achieve the Global goal of keeping temperature rises within agreed-upon levels. The Intergovernmental Panel on Climate Change stated that many effective methods for scaling up climate actions were not only available, but also “feasible” and affordable, despite differences between sectors and regions.
For example, nearly half of Current Emissions could be reduced by options or tools that cost less than $100 per tonne of Carbon Dioxide Reduction. It stated that options costing less than $20 per tonne of Carbon Dioxide Reduction could cut about half of this potential, or one-fourth of the total.
According to the Intergovernmental Panel on Climate Change Report, Digitalization could hasten climate action, but there was a risk of negative side effects if proper Governance Mechanisms were not put in place.
According to the report, there is a ‘strong link’ between Sustainable Development, Vulnerability, and Climate Risks. ‘Limited economic, social, and institutional resources frequently result in High Vulnerability and Low Adaptive Capacity, particularly in Developing Countries,’ the report stated.
One of the Report’s Lead Authors, Navroz Dubash of the Centre for Policy Research, told that this was one of the report’s most important takeaways.
The third and final part of the Intergovernmental Panel on Climate Change ‘s Sixth Assessment Report was released. The first part, which was released in August of last year, described the reasons and processes that were driving Global Warming. The second instalment, which discusses the Impact, Vulnerabilities, and Adaptation Options, was released in the last week of February of this year.