-
Kenya's economy faces climate change risks: World Bank
-
More Nepalis drive electric, evading global fuel shocks
-
Latecomer Japan eyes slice of rising global defence spending
-
German fertiliser makers and farmers struggle with Iran war fallout
-
OPEC+ to make first post-UAE production decision
-
Massive crowds fill Rio's Copacabana beach for Shakira concert
-
US airlines step up as Spirit winds down
-
Aviation companies step up as Spirit winds down
-
'Bookless bookstore': audio-only book shop opens in New York
-
Venezuelan protesters call government wage hike a joke
-
S&P 500, Nasdaq end at fresh records on tech earnings strength
-
Pope names former undocumented migrant as US bishop of West Virginia
-
Trump says will raise US tariffs on EU cars to 25%
-
ExxonMobil CEO sees chance of higher oil prices as earnings dip
-
After Madonna and Lady Gaga, Shakira set for Rio beach mega-gig
-
King Charles gets warm welcome in Bermuda after whirlwind US visit
-
Coe hails IOC gender testing decision
-
Baguettes take centre stage on France's Labour Day
-
Iran offers new proposal amid stalled US peace talks
-
French hub monitors Hormuz tensions from afar
-
Oil steady after wild swing, stocks diverge in thin trading
-
Chinese swimmer Sun Yang reports cyberbullying to police
-
Iran activates air defences as Trump faces congressional deadline
-
India's cows offer biogas alternative to Mideast energy crunch
-
Crude edges up after wild swing, stocks track Wall St rally
-
Formerra Appoints Matt Borowiec as Chief Commercial Officer
-
New Princess Diana documentary promises her own words
-
Oil slumps after hitting peak, US indices reach new records
-
Venezuela leader hikes minimum wage package by 26%
-
Apple earnings beat forecasts on iPhone 17 demand
-
Bangladesh signs biggest-ever plane deal for 14 Boeings
-
Musk grilled on AI profits at OpenAI trial
-
Venezuela opens arms to world with Miami-Caracas flight
-
US Congress votes to end record government shutdown
-
First direct US-Venezuela flight in years arrives in Caracas
-
Just telling nations to quit fossil fuels 'not realistic': COP31 chief
-
Trump hails 'greatest king' Charles as state visit wraps up
-
Drivers help study road-trip mystery: what became of bug splats?
-
Oil strikes 4-year peak, stocks rise
-
Iran's supreme leader defies US blockade as oil prices soar
-
White House against Anthropic expanding Mythos model access: report
-
Oil crisis fuels calls to speed up clean energy transition
-
European rocket blasts off with Amazon internet satellites
-
Nigerian airlines avert shutdown as Mideast war hikes fuel prices
-
ArcelorMittal boosts sales but profits squeezed
-
German growth beats forecast but energy shock looms
-
Air France-KLM trims 2026 outlook over Middle East war impact
-
Oil surges 7% to top $126 on Trump blockade warning
-
Volkswagen warns of more cost cuts as profits plunge
-
Rolls-Royce confident on profits despite Mideast war disruption
Paris climate targets feasible if nations keep vows
If all nations honour promises to reduce greenhouse gas emissions, there is a chance of capping the rise in global temperatures to under two degrees Celsius, the cornerstone target of the Paris Agreement, researchers said Wednesday.
But that is a very big "if", they acknowledge in a peer-reviewed study, published in Nature.
The calculus includes not only carbon-cutting commitments officially registered under the 2015 treaty, but a raft of pledges made on the sidelines of last years COP26 UN climate summit in Glasgow -- to curb deforestation and methane leaks, for example -- that lack means for monitoring or verification.
They also include actions to lower emissions in developing countries that are contingent on financing, something wealthy nations have so far failed to deliver at agreed-upon levels.
The new estimates likewise fold in pledges to become carbon neutral by mid-century that do not detail how that will be achieved.
"Long-term targets should be treated with scepticism if they are not supported by short-term commitments to put countries on a pathway in the next decade to meet those targets," Zeke Hausfather, a researcher at Berkeley Earth, said, commenting on the study.
Most rich countries have announced they will be "net zero" by 2050, while China and India have vowed to reach that point by 2060 and 2070, respectively.
"Is our study a good news story?" lead author Malte Meinshausen, a professor at the University of Melbourne, asked in a briefing with journalists.
"Yes, because for the first time we can possibly keep warming below the symbolic 2C mark with promises on the table," he continued.
- Curb your optimism -
"And no, because we show clearly that increased action this decade is necessary for us to have a chance of not shooting past 1.5C by a large margin."
As deadly and costly climate impacts have increased, most nations have embraced the Paris deal's more ambitious "aspirational" target of holding the rise in global temperatures to 1.5C above preindustrial levels.
The UN's Intergovernmental Panel on Climate Change (IPCC) said in a landmark report earlier this month that carbon pollution must peak before 2025 and be cut in half by 2030 to have even a chance of reaching that goal.
Recent trends do not suggest the world is headed in the right direction: greenhouse gas emissions last year regained the record levels of 2019 after Covid lockdowns lowered them in 2020.
"Some government and business leaders are saying one thing –- but doing another," UN chief Antonio Guterres said last week when the IPCC report was launched. "Simply put, they are lying."
The new research analyses data from 196 countries from 2015 until the end of the COP26 meeting in mid-November 2021.
It concludes that if all pledges are implemented in full and on time, warming can be limited to 1.9C to 2.0C.
Unless immediate steps are taken to drive down emissions even further, 1.5C will almost certainly remain out of reach, the authors said.
If no additional efforts are made beyond pledges -- know as nationally determined contributions -- submitted under the Paris Agreement, Earth's surface will warm to a catastrophic 2.8C, the IPCC has said.
"Optimism should be curbed until promises to reduce emissions in the future are backed up with stronger short-term action," Hausfather and Frances Moore, a scientist at the University of California, Davis said in a comment, also in Nature.
C.Peyronnet--CPN