Last week the United Nations secretariat issued a “Synthesis Report” summarizing the current status of the attempts by the signatories to the Paris Climate Agreement in addressing climate change. The Report provides sobering revelations concerning the speed by which irreversible climate change is occurring and how little time the world has to take action. The Report is stated to be a synthesis of information provided, as of December 31, 2020, by 48 of the Nationally Determined Contributors (“NDCs”), with respect to their goals for periods ranging between 2025 and 2050. It is anticipated that the information will be updated as the time for the next conference on climate change approaches.
The report summarizes the present goals for reduction in Green House Gases (“GHGs”) but notes: “…to be consistent with global emission pathways with no or limited overshoot of the 1.5°C goal, global net anthropogenic CO2 emissions need to decline by about 45 per cent from the 2010 level by 2030,reaching net zero around2050. For limiting global warming to below 2°C, CO2 emissions need to decrease by about 25 per cent from the 2010 level by 2030 and reach net zero around 2070. Deep reductions are required for non-CO2 emissions as well. Thus, the estimated reductions referred to … above fall far short of what is required, demonstrating the need for Parties to further strengthen their mitigation commitments under the Paris Agreement.”
The Report summarizes various actions and goals proposed by the Participants noting: