![]() ![]() There would also be notable improvements in air quality as a result of the decarbonisation of the global economy.Įvery bit of warming makes our planet more unsafe. If global average temperature levels can be limited to 1.5C, flooding, drought, heatwaves, storms and other impacts would be less severe and frequent, and would affect fewer regions of the world, according to the report. However, even as businesses strive to reach net-zero, many well before 2050, the impacts of the climate crisis will still be felt beyond 2050, according to the report. The UN’s own Race to Zero campaign, for example, collectively cover nearly 25% of global carbon emissions and more than 50% of global GDP, with almost one in three FTSE100 companies signed up to the UN's Race to Zero campaign. Globally, there has been a concerted effort to shift the private sector to net-zero emissions. Moreover, it urges policymakers to look beyond carbon and ensure that other greenhouse gas (GHG) emissions, like methane, are accounted for and reduced dramatically. The report states that net-zero carbon by 2050 should be the “minimum” target to strive for to deliver a 1.5C world and reiterates the importance of at least halving global emissions this decade as an interim ambition. Here, edie outlines some of the key warnings issued in the report and how businesses can begin to respond in order to accelerate decarbonisation and improve long-term resiliency against a changing climate. ![]() However, the report has some stark implications for businesses, many of which have been quick to align themselves with the net-zero movement. Green groups have been quick to respond to the report, with many calling on policymakers to urgently ramp up climate ambitions prior to COP26 later this year. This would breach the aims of the Paris Agreement and deliver a plethora of climate-induced calamities related to extreme weather events and rising sea levels. It warns that the window in which to deliver the "deep emissions cuts" needed to prevent the worst impacts of the climate crisis is closing rapidly, meaning that our best chance of delivering the Paris Agreement is to reach "at least net-zero" by 2050.Įchoing the conclusion of the UN’s most recent 'emissions gap' report, the new IPCC paper states that the global temperature increase is likely to exceed 3C this century without “deep” cuts to emissions, taking place “immediately”. ![]() The IPCC’s latest report has been delivered ahead of the panel’s full Sixth Assessment Report due this October. Edie outlines how businesses can begin to respond to the report in order to accelerate decarbonisation and improve long-term resiliency against a changing climate ![]()
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