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The urgent need for substantial reductions in carbon emissions to combat the climate crisis has been emphasized by the UN’s environment chief, declaring it as a critical moment. A recent report from the UN environment programme (Unep) highlights the necessity for a global mobilization towards renewable energy, forest conservation, and other essential measures to divert the world from the current trajectory towards a disastrous temperature increase of 3.1C.

Communities worldwide are already experiencing the devastating impacts of extreme heatwaves, storms, droughts, and floods, even with less than a 1.5C global heating increase. The current carbon reduction commitments by countries for 2030 are falling short, and even if achieved, they would only limit the temperature rise to a still-dangerous 2.6C to 2.8C. The report stresses the urgent need for concrete actions at the upcoming Cop29 summit in November, as mere promises are no longer sufficient.

To keep the international target of 1.5C attainable, the report suggests an annual 7.5% reduction in emissions until 2035, equivalent to halting emissions on par with those of the EU each year for a decade. Delaying these emission cuts would only necessitate more drastic reductions in the future. The report calls for countries to collectively commit to reducing 42% of annual greenhouse gas emissions by 2030 and 57% by 2035 in their upcoming UN pledges due in February.

The head of Unep, Inger Andersen, emphasizes the need for global cooperation and political courage, especially from the G20 nations responsible for 77% of global emissions. While meeting the 1.5C target is crucial, Andersen emphasizes that every fraction of a degree in global heating avoided can save lives, prevent damages, and reduce costs. She stresses the importance of focusing on minimizing global temperature increases rather than fixating on a specific number.

The UN Secretary-General, António Guterres, warns that time is running out, and urgent action is imperative to address the escalating climate crisis. He urges governments to phase out fossil fuels rapidly and fairly, suggesting levies on fossil fuels to fund climate initiatives. The Unep report outlines the significant role of solar and wind energy in achieving emission reductions, along with forest conservation and energy efficiency measures.

While the estimated investment required to achieve net-zero emissions is substantial, around $1-2tn annually, it represents a small fraction of the global economy. Andersen highlights the need for financial support from developed nations to aid developing countries in their climate action efforts. Despite existing geopolitical challenges, Andersen remains optimistic about the potential for global collaboration in the environmental space.

The urgency of the climate crisis necessitates immediate and robust action from world leaders, particularly those from wealthier nations who have historically contributed significantly to the issue. As the Cop29 summit approaches, the call for decisive and equitable responses to the climate emergency grows louder, emphasizing the need for a rapid transition to a sustainable, low-carbon future to safeguard the planet and its inhabitants.