There are Different Ways to Reduce GHG Emissions

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by KnowESG
KnowESG_Climate Change
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According to the Intergovernmental Panel on Climate Change (IPCC) report, feasible and effective options to reduce greenhouse gas emissions and adapt to human-caused climate change are available now.

The report approved in Interlaken highlights the ongoing losses and damages caused by climate change, which will continue in the future.

The IPCC states that taking the right action now could result in a transformational change that is necessary for a sustainable and equitable world.

To limit warming to 1.5°C above pre-industrial levels, the IPCC says greenhouse gas emissions need to be cut by almost half by 2030 through climate-resilient development, which combines measures to adapt to climate change with actions to reduce or avoid greenhouse gas emissions, providing wider benefits.

IPCC Chair Hoesung Lee commented that effective and equitable climate action could reduce losses and damages for nature and people while also providing wider benefits. The Synthesis Report emphasises the urgency of taking more ambitious action and shows that if we act now, we can still secure a liveable and sustainable future for all.

According to the IPCC, the choices made in the next few years will determine the future of generations to come as climate-resilient development becomes more challenging with every increment of warming.

The report suggests prioritising climate risk reduction for low-income and marginalised communities and increasing finance for climate investments to achieve global climate goals. The IPCC highlights that governments, investors, central banks, and financial regulators can help reduce existing barriers to accelerate climate action.

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Source: Circular

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