??? Climate will warm by 3.1 C without urgent action
This is an excerpt from the Reuters Sustainable Switch Climate Focus newsletter that goes into the heart of how companies and governments are grappling with climate change, diversity, and human rights. To receive the full newsletter in your inbox three times a week, subscribe here.
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?? Scientists had a startling message this week – current climate policies will result in global warming of more than 3 degrees Celsius (5.4 degrees Fahrenheit) above pre-industrial levels by the end of the century.
?? This is more than twice the rise agreed by governments who signed up to the Paris Agreement in 2015.
?? The figure came in the U.N.’s annual Emissions Gap report , which takes stock of countries' promises to tackle climate change compared with what is needed. Governments needed to take much greater action on slashing planet-warming emissions,? it said.
"We're teetering on a planetary tight rope," U.N. Secretary General Antonio Guterres said in a speech. "Either leaders bridge the emissions gap, or we plunge headlong into climate disaster."
? Elsewhere, a letter written by more than 40 climate scientists called on governments to slash global greenhouse-gas emissions or risk more extreme weather events.
?? In it, the scientists urged Nordic ministers to prevent global warming from causing a major change in an Atlantic Ocean current which could trigger abrupt shifts in weather patterns and damage ecosystems, they added.
"Such an ocean circulation change would have devastating and irreversible impacts especially for Nordic countries, but also for other parts of the world," the scientists said in their letter to the Nordic Council of Ministers, which comprises five countries, including Denmark and Sweden, and three autonomous territories.
?? This week, Netherlands government climate policy adviser PBL found that the country will miss its main 2030 climate goal unless it takes more action to reduce emissions.
?? Current policies are set to reduce CO2 emissions by only 44-52% relative to 1990 levels, it said, missing the 55% target.
??? PBL noted that meeting the goals had become harder after the Netherlands' new right-wing government scrapped plans for the introduction of new road taxes and announced the end of subsidies for solar panels and delays in the development of offshore wind farms.
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?? Scientists from around the world are releasing reports and calling on more governmental action to address climate change amid the 16th biodiversity Conference of the Parties in Cali, Colombia and in anticipation of COP29 in Baku, Azerbaijan.
?? As a reminder, Sustainable Switch will be sent daily during COP29 from Nov 11 – 22.
?? What to Watch
?? An elderly Irish couple fear they are running out of time to save their family home as accelerating coastal erosion brings the sea ever closer to their front door. Click here to learn more.
?? Climate Commentary?
?? ESG Spotlight
??Today’s spotlight follows a Jaguar’s quest for survival after devastating wildfires in Brazil.
?? They call him Bold and he is Brazil's most famous jaguar, seen on social media diving into rivers to capture a caiman and wrestle his prey ashore.
?? Bold and his fellow jaguars are surviving the worst fires to engulf the world's largest tropical wetlands in central-western Brazil, the Pantanal. Unlike other animals trapped and burnt to death , jaguars know how to seek refuge on the banks of rivers where food is available in the caimans and capybaras they hunt.
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Founder and Exec Chairman - ISB Global (Waste & Recycling Software, SAP, OutSystems,AWS)
4 周3.1 Degree rise is very bad news.