A raft of new pledges announced at the COP28 climate summit - from tripling renewables to reining in methane emissions - won't be enough on their own to limit global warming to 1.5 degrees Celsius, the International Energy Agency (IEA) said on Sunday.

A raft of new pledges announced at the COP28 climate summit - from tripling renewables to reining in methane emissions - won’t be enough on their own to limit global warming to 1.5 degrees Celsius, the International Energy Agency (IEA) said on Sunday.

So far, 130 countries have agreed to triple renewables and double the rate of energy efficiency improvements, while 50 oil and gas companies have agreed to cut out methane emissions and eliminate routine flaring by 2030 under the Oil and Gas Decarbonisation Charter.

If everyone delivered on their commitments, it would lower global-energy related greenhouse gas emissions by 4 billion metric tonnes of carbon dioxide equivalent in 2030, the IEA analysis said.

That is about a third of the emissions gap that needs to be closed in the next six years to limit warming to 1.5C above preindustrial levels, as agreed to in the 2015 Paris Agreement.

  • AutoTL;DRBEnglish
    1•9 months ago

    This is the best summary I could come up with:

    DUBAI, Dec 10 (Reuters) - A raft of new pledges announced at the COP28 climate summit - from tripling renewables to reining in methane emissions - won’t be enough on their own to limit global warming to 1.5 degrees Celsius, the International Energy Agency (IEA) said on Sunday.

    So far, 130 countries have agreed to triple renewables and double the rate of energy efficiency improvements, while 50 oil and gas companies have agreed to cut out methane emissions and eliminate routine flaring by 2030 under the Oil and Gas Decarbonisation Charter.

    If everyone delivered on their commitments, it would lower global-energy related greenhouse gas emissions by 4 billion metric tonnes of carbon dioxide equivalent in 2030, the IEA analysis said.

    That is about a third of the emissions gap that needs to be closed in the next six years to limit warming to 1.5C above preindustrial levels, as agreed to in the 2015 Paris Agreement.

    The IEA also said the world would need to commit to a decline in the use of fossil fuels, and end new approvals of unabated coal-fired power plants.

    For daily comprehensive coverage on COP28 in your inbox, sign up for the Reuters Sustainable Switch newsletter here.

    The original article contains 295 words, the summary contains 201 words. Saved 32%. I’m a bot and I’m open source!