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Emissions Gap Report 2023

By Amigos IAS

Why is it in the news?

  • The United Nations Environment Program (UNEP) has released the 14th edition of the Emissions Gap Report 2023.
  • The report is launched annually ahead of the U.N. climate summit, COP28, where world leaders aim to uphold the Paris Agreement’s warming target of 1.5°C.

 

The United Nations Environment Program (UNEP)

·       UNEP is the leading environmental authority in the United Nations system, established in 1972.

·       The UN Environment Assembly is the policy-making body of UNEP.

·       UNEP is headquartered in Nairobi, Kenya, and produces major reports such as the Global Environment Outlook and Adaptation Gap Report.

 

About the Report

  • The report tracks the gap between current global emissions trends based on country commitments and the emissions levels needed to limit warming to 1.5°C. It explores strategies to bridge this emissions gap.
  • The report assesses countries’ Nationally Determined Contributions (NDCs) and their potential impact on global warming if fully implemented.

Major Highlights of the Report

Key FindingsStatistics / Details
Global Greenhouse Gas (GHG) emissions increaseIncreased by 1.2% from 2021 to 2022.
Days exceeding the 1.5°C temperature threshold86 days in the current year have breached it.
Emissions trajectory for this centuryCurrent emissions pledges may lead to nearly 3°C warming.
Required emissions reduction by 2030A 42% reduction in greenhouse gas emissions by 2030 to limit warming to 1.5°C.
Urgency of actionImmediate and unprecedented mitigation action is crucial. 

India’s Nationally Determined Contribution (NDCs) Goals

  • India’s 2015 NDC included eight goals, with three quantitative targets for 2030.
  • These targets were related to cumulative electric power capacity from non-fossil sources, reducing emissions intensity of GDP, and creating additional carbon sinks.
  • India’s updated NDC commits to reducing the emissions intensity of its GDP by 45% by 2030 compared to 2005 levels.
  • India also aims to achieve about 50% cumulative electric power installed capacity from non-fossil fuel-based energy resources by 2030.

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