A new report from the United Nations Framework Convention on Climate Change (UNFCCC) suggests the world is now poised to begin reducing greenhouse gas emissions over the coming decade, a first under its records, yet warns that current efforts still fall well short of what’s needed to avoid catastrophic warming. Reuters +1

According to the analysis, if all existing national climate commitments are fully implemented, annual global emissions could shrink by about 10 percent by 2035 compared with 2019 levels. Reuters While that represents progress, it remains far behind the roughly 60 percent cut experts say is required to keep global temperature rises in check under the Paris Agreement. Reuters +1

The report highlights several key issues:

Why this matters

This development is important for several reasons:

Key takeaway

The world is moving in the right direction for the first time, but just barely. The gap between what is pledged and what is required remains wide, meaning the next few years will be critical for whether climate action succeeds or fails.

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