The Prague Post - Three positive climate developments

EUR -
AED 4.305347
AFN 79.559727
ALL 96.963528
AMD 446.498005
ANG 2.098197
AOA 1075.01721
ARS 1679.640926
AUD 1.761827
AWG 2.113106
AZN 1.996083
BAM 1.954049
BBD 2.351013
BDT 142.052712
BGN 1.955153
BHD 0.442
BIF 3483.423204
BMD 1.17232
BND 1.500175
BOB 8.065773
BRL 6.317744
BSD 1.167259
BTN 103.209078
BWP 15.642184
BYN 3.951393
BYR 22977.462745
BZD 2.347616
CAD 1.622584
CDF 3362.796186
CHF 0.933874
CLF 0.028443
CLP 1115.815875
CNY 8.345333
CNH 8.346335
COP 4570.873839
CRC 588.380303
CUC 1.17232
CUP 31.066467
CVE 110.165815
CZK 24.349893
DJF 207.865513
DKK 7.464557
DOP 74.39429
DZD 152.089692
EGP 56.532061
ERN 17.584793
ETB 167.601763
FJD 2.622715
FKP 0.864159
GBP 0.865131
GEL 3.153737
GGP 0.864159
GHS 14.240179
GIP 0.864159
GMD 83.815974
GNF 10124.057745
GTQ 8.941949
GYD 244.211171
HKD 9.123107
HNL 30.576992
HRK 7.530393
HTG 152.854988
HUF 391.698328
IDR 19216.6617
ILS 3.901433
IMP 0.864159
INR 103.55743
IQD 1529.155868
IRR 49325.344045
ISK 143.199042
JEP 0.864159
JMD 186.894922
JOD 0.831205
JPY 172.819835
KES 151.041355
KGS 102.519862
KHR 4678.867307
KMF 491.794784
KPW 1055.030237
KRW 1628.556981
KWD 0.35798
KYD 0.972745
KZT 629.306837
LAK 25310.751777
LBP 104528.290244
LKR 352.290336
LRD 214.197152
LSL 20.486056
LTL 3.461555
LVL 0.709124
LYD 6.316394
MAD 10.539856
MDL 19.394539
MGA 5195.41106
MKD 61.484906
MMK 2460.780139
MNT 4216.647854
MOP 9.365668
MRU 46.387028
MUR 53.316745
MVR 18.059571
MWK 2024.112167
MXN 21.668571
MYR 4.933704
MZN 74.909984
NAD 20.486492
NGN 1760.026758
NIO 42.952062
NOK 11.575448
NPR 165.13714
NZD 1.965417
OMR 0.450759
PAB 1.167254
PEN 4.06176
PGK 4.94763
PHP 66.941764
PKR 331.335915
PLN 4.254121
PYG 8361.578823
QAR 4.254769
RON 5.070752
RSD 117.159226
RUB 99.060583
RWF 1691.406035
SAR 4.398103
SBD 9.64089
SCR 17.658014
SDG 705.153148
SEK 10.929013
SGD 1.503119
SHP 0.921259
SLE 27.414712
SLL 24582.951959
SOS 667.110762
SRD 46.626078
STD 24264.647322
STN 24.478379
SVC 10.214022
SYP 15242.360774
SZL 20.476913
THB 37.126775
TJS 11.071432
TMT 4.103118
TND 3.406633
TOP 2.74569
TRY 48.498738
TTD 7.928031
TWD 35.460908
TZS 2883.906138
UAH 48.246186
UGX 4097.328535
USD 1.17232
UYU 46.717939
UZS 14428.071538
VES 184.677336
VND 30935.1677
VUV 140.001741
WST 3.114758
XAF 655.378126
XAG 0.027862
XAU 0.000321
XCD 3.168252
XCG 2.103751
XDR 0.81508
XOF 655.375333
XPF 119.331742
YER 280.910761
ZAR 20.387991
ZMK 10552.276585
ZMW 27.810317
ZWL 377.48641
  • RBGPF

    0.0000

    77.27

    0%

  • RYCEF

    0.4600

    15.19

    +3.03%

  • CMSC

    0.0800

    24.38

    +0.33%

  • RIO

    0.4400

    62.54

    +0.7%

  • GSK

    0.9800

    41.48

    +2.36%

  • AZN

    0.2900

    81.1

    +0.36%

  • BTI

    1.0500

    57.31

    +1.83%

  • NGG

    0.3900

    71.07

    +0.55%

  • RELX

    1.2000

    46.33

    +2.59%

  • SCS

    0.2800

    17

    +1.65%

  • BP

    -0.2900

    34.47

    -0.84%

  • VOD

    0.2100

    11.86

    +1.77%

  • BCC

    3.1400

    89.01

    +3.53%

  • BCE

    0.1600

    24.3

    +0.66%

  • CMSD

    0.0500

    24.39

    +0.21%

  • JRI

    0.1000

    14.12

    +0.71%

Three positive climate developments
Three positive climate developments / Photo: Gal ROMA, Sophie RAMIS - AFP

Three positive climate developments

While humanity's efforts to curb planet-warming emissions are nowhere near enough to avoid heating the world to catastrophic levels, tentative improvements show that progress is possible.

Text size:

The climate trajectory, while still poor, has improved since countries signed the Paris Agreement in 2015 and committed to limiting the global temperature rise to "well below" two degrees Celsius above pre-industrial levels, preferably a safer 1.5C.

And the uptake of renewable energy is providing a rare glimmer of hope.

- Heating -

When the Paris Agreement was adopted, the global reliance on fossil fuels -- oil, gas and coal -- placed the world on a path towards a 3.5C rise in temperature by 2100 compared to the pre-industrial era, the International Energy Agency (IEA) said at the time.

Warming of that scale would prompt catastrophic climate disasters worldwide, including the risk of mass extinctions, the melting of glaciers and permafrost that could eventually unleash metres of sea level rise and unliveable conditions across much of the planet.

Eight years on, country commitments to reduce their carbon footprints have pulled that down slightly, putting the world on a path for a still-disastrous 2.5C to 2.9C by the end of the century, according to the UN's Environment Programme this month.

Every tenth of a degree of warming compounds the negative impacts on the climate, but the modest temperature reduction "reflects progress made in the transition to a lower emissions energy system since 2015", said the IEA.

But it "still falls far short of what is needed", the agency added.

- Peak emissions -

Annual greenhouse gas emissions responsible for climate change have risen roughly nine percent since COP21, according to UN data.

That increase led to record-breaking concentrations of CO2, methane (CH4) and nitrous oxide (N2O) in the atmosphere in 2022, the World Meteorological Organization said last week.

But the rate of the increase has slowed significantly.

The climate experts of the UN Intergovernmental Panel on Climate Change (IPCC) have projected that to meet the Paris goals, emissions need to peak by 2025.

To limit temperature rise to 1.5C emissions need to be slashed almost in half by 2030.

Recent estimates by the Climate Analytics institute find global emissions could peak by 2024 or even as early as this year.

The IEA in its pre-Paris deal assessment predicted that carbon dioxide emissions tied to the energy sector -- responsible for more than 80 percent of CO2 emitted by human activity -- could reach 43 gigatonnes (Gt) in 2030.

But the agency now says that current efforts mean that figure will be 35Gt by 2030.

That difference was "equal to the current combined energy sector emissions of the United States and European Union", it said.

- Rising renewables -

Three technologies -- solar, wind and electric vehicles -- are largely behind the improved global warming estimates since 2015.

"Solar PV is projected to reduce emissions by around three Gt in 2030," the OCED now estimates, "roughly equivalent to the emissions from all the world's cars on the road today."

Wind power is expected to reduce emissions by two gigatonnes in 2030 and electric vehicles (EVs) by around one gigatonne, compared to pre-Paris Agreement scenarios.

Photovoltaics (PVs) and wind power are expected to represent around 15 percent of global electricity production in 2030 - seven times the wind power and three times the PVs that the IEA predicted in 2015.

At the time, fleets of electric vehicles seemed a pipedream. The IEA anticipated that EVs would account for less than two percent of car sales by 2030.

It now estimates that more than a third will be purchases of electric vehicles by the end of the decade.

And the numbers are accelerating. "Clean energy technology adoption surged at an unprecedented pace over the last two years," said the IEA, noting a 50-percent increase in solar PV capacity and a 240-percent rise in EV sales.

The IEA attributes the progress -- unthinkable before the Paris Agreement -- to declining costs and public policy initiatives from China, the United States and Europe among others.

Five-year plans in China have raised ambitions for solar power and driven down global costs.

Off-shore wind projects in Europe "kick-started a global industry" and electric two-wheelers and buses "have seen significant uptake in India and other emerging markets", said the agency.

Z.Marek--TPP