Zürcher Nachrichten - Nations to submit boosted climate plans: what's at stake?

EUR -
AED 4.222531
AFN 73.008395
ALL 93.878671
AMD 423.356686
ANG 2.058552
AOA 1054.917519
ARS 1651.91745
AUD 1.639507
AWG 2.069586
AZN 1.953626
BAM 1.937566
BBD 2.316897
BDT 141.212338
BGN 1.944124
BHD 0.433583
BIF 3438.96207
BMD 1.14977
BND 1.473731
BOB 7.977923
BRL 5.85325
BSD 1.150374
BTN 108.722855
BWP 15.413946
BYN 3.184829
BYR 22535.492
BZD 2.313627
CAD 1.621348
CDF 2667.466539
CHF 0.919989
CLF 0.025876
CLP 1018.420127
CNY 7.769514
CNH 7.791698
COP 3949.45995
CRC 523.969148
CUC 1.14977
CUP 30.468905
CVE 109.630659
CZK 23.917573
DJF 204.336971
DKK 7.400081
DOP 67.376457
DZD 152.780257
EGP 57.382948
ERN 17.24655
ETB 182.094848
FJD 2.568242
FKP 0.855574
GBP 0.865055
GEL 3.041141
GGP 0.855574
GHS 12.989756
GIP 0.855574
GMD 83.932847
GNF 10092.105043
GTQ 8.768559
GYD 240.635481
HKD 9.009488
HNL 30.695636
HRK 7.53791
HTG 150.236191
HUF 345.677939
IDR 20406.807822
ILS 3.3968
IMP 0.855574
INR 108.434231
IQD 1506.1987
IRR 1580933.749934
ISK 142.95094
JEP 0.855574
JMD 181.93786
JOD 0.815209
JPY 184.265588
KES 148.918415
KGS 100.547112
KHR 4613.444151
KMF 488.652034
KPW 1034.793402
KRW 1738.297018
KWD 0.354242
KYD 0.958678
KZT 560.995826
LAK 25329.432874
LBP 102961.903562
LKR 385.386641
LRD 209.43041
LSL 18.620362
LTL 3.394971
LVL 0.695484
LYD 7.329806
MAD 10.629644
MDL 20.074091
MGA 4829.033941
MKD 61.037423
MMK 2413.881132
MNT 4113.101912
MOP 9.281456
MRU 46.082833
MUR 54.188937
MVR 17.775725
MWK 1996.001016
MXN 19.912755
MYR 4.67359
MZN 73.472723
NAD 18.628478
NGN 1562.675001
NIO 42.093194
NOK 11.063203
NPR 173.955466
NZD 1.993533
OMR 0.442084
PAB 1.150374
PEN 3.923602
PGK 5.044904
PHP 69.415075
PKR 319.978906
PLN 4.193981
PYG 7019.938324
QAR 4.18574
RON 5.182055
RSD 116.208466
RUB 83.900495
RWF 1710.85776
SAR 4.313815
SBD 9.268784
SCR 16.229145
SDG 690.436107
SEK 10.942815
SGD 1.474039
SHP 0.858419
SLE 28.457143
SLL 24110.106228
SOS 657.102209
SRD 42.923244
STD 23797.917624
STN 24.605078
SVC 10.065367
SYP 127.08649
SZL 18.622687
THB 37.407193
TJS 10.663847
TMT 4.035693
TND 3.347843
TOP 2.768371
TRY 53.247545
TTD 7.814461
TWD 36.285019
TZS 3018.149665
UAH 51.519916
UGX 4255.94906
USD 1.14977
UYU 46.443345
UZS 13802.988686
VES 685.304768
VND 30268.84502
VUV 137.113321
WST 3.150041
XAF 649.841615
XAG 0.016919
XAU 0.00027
XCD 3.107311
XCG 2.073271
XDR 0.80909
XOF 649.620256
XPF 119.331742
YER 274.363895
ZAR 18.85421
ZMK 10349.317503
ZMW 20.332658
ZWL 370.225471
  • RBGPF

    0.0000

    62.87

    0%

  • CMSC

    -0.0450

    22.32

    -0.2%

  • JRI

    -0.1900

    12.62

    -1.51%

  • NGG

    -1.6000

    80.68

    -1.98%

  • BCC

    -0.7500

    70.81

    -1.06%

  • RIO

    -3.0700

    102.67

    -2.99%

  • BCE

    -0.5400

    23.28

    -2.32%

  • RYCEF

    -0.0800

    18.55

    -0.43%

  • RELX

    -0.7900

    32.01

    -2.47%

  • VOD

    -0.3600

    14.53

    -2.48%

  • GSK

    -0.0700

    52.15

    -0.13%

  • AZN

    -0.8200

    177.89

    -0.46%

  • BTI

    -1.8900

    59.49

    -3.18%

  • BP

    -1.0100

    40.14

    -2.52%

  • CMSD

    0.0300

    22.29

    +0.13%

Nations to submit boosted climate plans: what's at stake?
Nations to submit boosted climate plans: what's at stake? / Photo: Giuseppe CACACE - AFP

Nations to submit boosted climate plans: what's at stake?

Nations have begun setting carbon-cutting targets for the decade ahead, and how ambitious these pledges are could make or break global efforts to avoid dangerous levels of climate change.

Text size:

Nearly 200 countries are supposed to publish updated climate plans by early February, but so far only three have done so.

On Wednesday, the UK became the latest, announcing during the COP29 climate summit in Azerbaijan that it would raise its target to cut greenhouse gas emissions.

All eyes will be on other big polluters like China, India and the United States, though future US climate action is unclear following Donald Trump's election.

- Why do they matter? -

The world has agreed to try and limit global warming to 1.5 degrees Celsius above pre-industrial levels, but is nowhere near on track.

Above this threshold, scientists say humanity risks disastrous consequences from volatile weather to major ecological "tipping points" at land and sea.

Last month, the United Nations warned that even if all existing plans are implemented in full, temperatures would rise 2.6C by the century's end, a catastrophic outcome.

The UN says the next round of climate plans must show a "quantum leap" in ambition to avert the worst.

The G20 -- which accounts for 77 percent of total greenhouse gas emissions -- is under particular pressure to step up.

- Early movers -

Just before COP29 opened in Azerbaijan, the United Arab Emirates announced a 47 percent reduction in emissions by 2035 compared with 2019 in its updated climate plan.

Observers said the roadmap failed to account for exported emissions -- including those from its sales of crude oil abroad.

Next year's UN climate host, Brazil, has partly unveiled its plan, increasing its emissions reduction target from a 59 percent cut by 2035, from 2005 levels, to a 67 percent reduction.

It is expected to unveil a more complete plan during COP29.

Plans from other major emitters, like the European Union and China, are not expected until next year.

And the current US government could soon outline Washington's new pledge, despite questions over Trump following through once in office.

David Waskow, of the World Resources Institute, said it would help guide American cities, states and businesses wishing to continue climate action under Trump.

"It also sends an important signal internationally, a set of benchmarks for what the US ought to do," he added.

- What do countries need to do? -

By signing the Paris accord, nearly 200 nations agreed to halt rising temperatures "well below 2C" and strive for the safer goal of 1.5C.

But it did not prescribe how to get there.

The deal left it up to countries to voluntarily chart their own plans and targets, known as Nationally Determined Contributions (NDCs).

These include emission reduction targets and measures to achieve them, such as rolling out renewable energy, electrifying transport, and ending deforestation.

There is no set template for countries to follow but richer countries -- historically the largest emitters -- have a responsibility to pledge the deepest emission cuts.

The plans must be reviewed every five years, with each update supposed to be more ambitious than the last.

This time around countries are expected to improve their 2030 targets and outline economy-wide action they will take to 2035.

- What's the aim? -

An agreement at last year's COP28 climate summit "encouraged" countries to come forward with plans aligned with halting warming to 1.5C.

To have a hope of meeting that goal, emissions must be slashed 42 percent by 2030 and 57 percent by 2035, the UN's Environment Programme said last month.

Currently, however, emissions are continuing to rise.

Keeping 1.5C on track would require a collective effort "only ever seen following a global conflict", it added.

Without pulling together "on a scale and pace never seen before... the 1.5C goal will soon be dead," said UNEP executive director Inger Andersen.

The big moment for assessing progress towards the 1.5C goal comes at a crunch COP30 climate summit in Brazil next year.

- What about fossil fuels? -

Scientists and the International Energy Agency have said that developing new fossil fuel projects is incompatible with halting warming to 1.5C.

But many fossil fuel producing countries argue that new oil and gas projects will be needed as the world transitions to net zero emissions.

Countries are under pressure to outline in their updated plans how they intend to reduce their reliance on fossil fuels, something all nations agreed at last year's COP.

A.Senn--NZN