At UN-led discussions on Wednesday, world leaders presented divergent ideas on how to address climate change, as a new report cautioned that the world needs to achieve carbon neutrality far sooner than anticipated.
Preliminary findings from a global network of scientists at the Global Carbon Project show that this year saw record-high emissions of carbon dioxide, which warms the planet, from coal, gas, and oil.
The research was released as world leaders convened in Azerbaijan for the COP29 climate talks, which intended to reach an agreement to increase assistance for developing countries to help them transition to cleaner energy and react to climate shocks.
According to the study, the world must now achieve net-zero CO2 emissions by the late 2030s rather than 2050 in order to accomplish the ambitious goal of keeping warming to 1.5 degrees Celsius set forth in the Paris Agreement.
Yalchin Rafiyev, Azerbaijan’s main negotiator for COP29, stated, “This is what the presidency has been promoting since the beginning of this year — the time window is narrowing, shrinking — and we need to act urgently.”
Reaching an agreement on climate finance “will pave the way for us to realize this opportunity,” and “there are still possibilities for keeping 1.5C within reach.
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