Click:cement block machine

Up to 96 percent of the emissions reductions needed by 2030 to keep global warming below a critical threshold of two degrees C could be achieved through a series of 10 steps, says a new report released by the Global Commission on the Economy and the Climate.

Click Here: New Zealand rugby store

“The low carbon economy is already emerging,” said former President of Mexico Felipe Calderón, Chair of the Commission.

“Africa can ‘leapfrog’ the fossil-fuel based growth strategies of developed countries and become a leader in low-carbon development.”
—Former Finance Minister Trevor Manuel

“But governments, cities, businesses and investors need to work much more closely together and take advantage of recent developments if the opportunities are to be seized. We cannot let these opportunities slip through our fingers.”

Scheduled for Nov. 30 to Dec. 11, the upcoming Paris Climate Conference (known as COP21) will, for the first time in over 20 years of U.N. negotiations, aim to achieve a legally binding and universal agreement on climate, with the goal of keeping global warming below two degrees C.

It is expected to attract close to 50,000 participants, including 25,000 official delegates from government, intergovernmental organisations, U.N. agencies, NGOs and civil society.

Ahead of the meeting, governments have been submitting their Intended Nationally Determined Contributions (INDCs) to the U.N. which lay out how they plan to cut emissions and transition to a greener economy.

Last week, China – both the world’s largest emitter and biggest investor in clean energy – vowed to peak its emissions around the year 2030, reduce carbon intensity 60 to 65 percent from 2005 levels, and increase the share of non-fossil fuels in its energy mix by about 20 percent by 2030.

But other industrialised countries and/or major emitters are lagging behind in their pledges.

“We know that the current INDC pledges are not likely to get us to the two degree C world we need. But this report shows there is significant room for stronger action that is in countries’ economic self-interest,” said Michael Jacobs, Report Director, New Climate Economy.

Jacobs told IPS that the best case scenario at COP21 would be “an agreement with universal participation – all countries- which includes a long-term goal to reduce GHG [greenhouse gas] emissions to zero or near-zero in the second half of the century.”

He also hoped to see “a regular five-yearly cycle of commitments in which countries strengthen their mitigation and adaptation targets, with this year’s INDCs being seen as ‘floors not ceilings’ to national ambition, able to be raised later.”

In addition, a successful agreement would include a strong package of financial and technology support for developing countries, for both adaptation and mitigation, a requirement on all countries to produce national adaptation plans, and a robust system of measurement, reporting and verification (MRV).

“A worst-case scenario?” Jacobs said. “No agreement. This could still happen.”

SCROLL TO CONTINUE WITH CONTENT