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Reading: WATCH: United Nations global stocktake reveals global warming commitments falling short
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BRICS Global Television Network > Features > Business and Finance > WATCH: United Nations global stocktake reveals global warming commitments falling short
Business and Finance

WATCH: United Nations global stocktake reveals global warming commitments falling short

CGTN
Last updated: November 30, 2023 8:46 am
By CGTN
2 Min Read
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UN Global stocktake report
Photo: iStock.
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The United Nations has just released its Global Stocktake Report. But its findings are a scathing indictment on world governments.

Contents
WATCH: What does the UN Global Stocktake report tell us?Paris Agreement

According to that report, it is evident that the world is falling short of its commitment to combat global warming.

WATCH: What does the UN Global Stocktake report tell us?

ALSO READ: WATCH: Global oil markets on edge as Middle East crisis raises concerns

Paris Agreement

The global stocktake, which is conducted every five years, is a crucial part of the Paris Agreement.

In 2015, more than 200 countries agreed in Paris to limit the increase in global temperatures to 2 degrees Celsius above pre-industrial levels, with a target of 1.5 degrees Celsius to prevent more severe consequences.

As per the agreement, countries were urged to assess their progress in 2023 and repeat this evaluation every five years.

The report, which incorporates inputs from experts, governments, and campaigners, will form the basis of discussions at the UN COP28 summit.

The report warns that countries are already aware that their current commitments are insufficient to meet the set targets.

Additionally, the investment and planning for climate adaptation are inadequate, posing significant risks due to the world already being 1.2 degrees Celsius warmer than pre-industrial times.

This warming trend increases the likelihood of deadly heatwaves, wildfires, and devastating droughts and floods worldwide.

Some countries, like China, have already taken action. Recently, the Chinese government announced a plan to control methane emissions, contributing to efforts to limit global temperature rise.

China has also been actively promoting international cooperation and dialogue to address climate change.

ALSO READ: Fossil fuels in the crosshairs at pivotal COP28 talks

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