Urgent Climate Action

Published On:

Concrete actions are necessary to achieve meaningful climate mitigation goals.

The upcoming climate conference in Baku will focus on intensifying global action to limit warming to 1.5°C above pre-industrial levels. Despite commitments, current pledges would reduce global greenhouse gas emissions by only 2.6% by 2030, which falls far short of the 43% reduction required by that year. Developed countries are hesitant to alter their lifestyles, while developing nations seek economic growth without following fossil-fuel-driven paths. The lack of clear "climate finance" definitions and delayed funding, initially promised at $100 billion by 2020, continues to frustrate developing nations. The Paris Agreement mandates that countries set new collective emission targets by 2025, a key issue for the conference. Additionally, discussions will address carbon markets, where developed countries fund renewable projects in developing countries in exchange for emission credits. However, specifying the rules for these markets remains challenging. With minimal progress so far, the emphasis is on taking concrete, enforceable actions for effective climate mitigation.