A decade since the Paris Agreement of COP21 a new analysis from the Energy and Climate Intelligence Unit (ECIU) has found global growth in carbon emissions compared to the previous decade has slowed fivefold to just 0.32 per cent a year.
Still growth but at least limited.
While the global economy has grown by just under 28 percent in real terms since 2015, the analysis shows the world’s total greenhouse gas emissions (including CO2) have increased by a little over 3 per cent over the same period. This means emissions intensity per dollar of the global economy has fallen just over a fifth (21 per cent).
John Lang from ECIU commented: “Whilst we still need to go further and faster to get on track to limit heating, it is clear multi-lateral action on climate has helped to slam the brakes on global emissions growth since the Paris Agreement was signed.”
World leaders in New York for the UN General Assembly are, generally, submitting updated emissions pledges ahead of COP30 in Brazil. The job of the next UN climate summit is to close the emissions gap further, getting closer to the 1.5C committed to in Paris, 10 years ago.
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