AIRLINK 81.10 Increased By ▲ 2.71 (3.46%)
BOP 5.31 Decreased By ▼ -0.03 (-0.56%)
CNERGY 4.41 Increased By ▲ 0.08 (1.85%)
DFML 33.19 Increased By ▲ 2.32 (7.52%)
DGKC 79.40 Increased By ▲ 0.89 (1.13%)
FCCL 20.70 Increased By ▲ 0.12 (0.58%)
FFBL 32.65 Increased By ▲ 0.35 (1.08%)
FFL 10.37 Increased By ▲ 0.15 (1.47%)
GGL 10.44 Increased By ▲ 0.15 (1.46%)
HBL 119.00 Increased By ▲ 0.50 (0.42%)
HUBC 135.80 Increased By ▲ 0.70 (0.52%)
HUMNL 6.80 Decreased By ▼ -0.07 (-1.02%)
KEL 4.63 Increased By ▲ 0.46 (11.03%)
KOSM 4.86 Increased By ▲ 0.13 (2.75%)
MLCF 38.60 Decreased By ▼ -0.07 (-0.18%)
OGDC 134.49 Decreased By ▼ -0.36 (-0.27%)
PAEL 23.93 Increased By ▲ 0.53 (2.26%)
PIAA 27.15 Increased By ▲ 0.51 (1.91%)
PIBTL 7.03 Increased By ▲ 0.01 (0.14%)
PPL 113.42 Decreased By ▼ -0.03 (-0.03%)
PRL 28.09 Increased By ▲ 0.36 (1.3%)
PTC 15.04 Increased By ▲ 0.44 (3.01%)
SEARL 58.30 Increased By ▲ 1.80 (3.19%)
SNGP 67.90 Increased By ▲ 1.60 (2.41%)
SSGC 11.15 Increased By ▲ 0.21 (1.92%)
TELE 9.44 Increased By ▲ 0.29 (3.17%)
TPLP 11.79 Increased By ▲ 0.12 (1.03%)
TRG 73.39 Increased By ▲ 1.96 (2.74%)
UNITY 25.10 Increased By ▲ 0.59 (2.41%)
WTL 1.41 Increased By ▲ 0.08 (6.02%)
BR100 7,550 Increased By 57.3 (0.76%)
BR30 24,838 Increased By 279.9 (1.14%)
KSE100 72,537 Increased By 485.6 (0.67%)
KSE30 23,890 Increased By 81.8 (0.34%)

PARIS: Renewed promises to slash greenhouse gas emissions from countries as part of the Paris climate deal are “very far” from what is required to avert catastrophic global warming, the United Nations said Friday. In its assessment of the pledges made in recent months by around 75 countries and the European Union, UN Climate Change said that only around 30 percent of global emissions were covered in the commitments.

“It’s incredible to think that just when nations are facing an emergency that could eventually end human life on this planet — despite every study, every report and clear warnings from scientists throughout the world — many nations are sticking to their business as usual approach,” said the UN’s climate chief Patricia Espinosa.

Under the landmark 2015 Paris deal, nations promised to work to limit global temperature rises to “well below” two degrees Celsius (3.6 Farenheit) above pre-industrial levels.

To achieve this, and to gun for a safer temperature cap of 1.5C, nations committed to slash emissions, as well as to provide assistance to the most climate-vulnerable countries. The deal included a “ratchet” mechanism in which signatories agreed to a rolling five-year review of their climate pledges — known as Nationally Determined Contributions, or NDCs — in which they are supposed to display ever greater ambition for action.

The first deadline for renewed NDCs passed last year.

The Intergovernmental Panel on Climate Change — the world’s pre-eminent body on global warming — says that emissions should be around 45 percent lower by 2030 compared with 2010 levels to meet the 1.5C goal.

The UN said on Friday that the combined impact of the renewed NDCs would constitute a less than one percent drop in emissions in the same timeframe. Espinosa urged major emitters, particularly G20 nations, to “lead the way” in showing greater ambition to cut emissions.

Comments

Comments are closed.