World leaders, in particular G20, must make progress at COP26 before it’s too late - We are headed for terrible human suffering if governments do not stand up and limit global warming by 1.5 degrees Celsius
Their actions — or inactions — will show their seriousness about addressing this planetary emergency.
Recent new announcements for climate action are welcome and critical — but even so, our world is on track for calamitous global temperature rises well above two degrees Celsius. target to which the world agreed under the Paris Agreement — a target that science tells us is the only sustainable pathway for our world.If we can reduce global emissions by 45% compared to 2010 levels this decade.
And we need to phase out coal — by 2030 in OECD countries and 2040 in all others. Increasing numbers of governments have pledged to stop financing coal — and private finance needs to do the same, urgently. , and the UN’s pension fund, which met its 2021 carbon reduction investment objectives ahead of time and above its target, with a 32% reduction this year.
Throughout, we need global solidarity to help all countries make this shift. Developing countries are grappling with debt and liquidity crises. They need support.
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