8. 8
ambition reported is lower than required. According to the report, the Parties’ total GHG
emissions levels are expected to be 0.5%, lower in 2030 than in 2010.
Countries must redouble their climate efforts if they are to achieve the Paris Agreement.
The Intergovernmental Panel on Climate Change (IPCC) has indicated that emission
reduction ranges to meet the 1.5 °C temperature target would need to be 45% lower in
net carbon dioxide emissions in 2030 than in 2010.
Although the report currently covers less than half of the Parties, there is a need for
increased ambition to achieve the Paris Agreement. “This report shows that current levels
of climate ambition are not on track to meet our Paris Agreement goals” Patricia Espinosa,
Executive Secretary of UN Climate Change
Supporting developing countries to achieve their climate goals
There is an urgent need to raise the level of climate ambition. To cut emissions by 45%
by 2030 and achieve the Paris Agreement, countries, governments, and companies need
to make transformative decisions and commit to stronger climate action.
Many developing countries remain in dire need of financial support to implement
climate action and to complement NDCs. Without adequate support and enabling
climate action, developing countries will take longer to achieve their climate goals.
Climate finance is important for mitigation and adaptation. Large-scale investments are
required to reduce emissions significantly, and in addition, financial resources help
adapt and reduce the impacts of climate change. COP26 provides an opportunity for
developed countries to fulfill their pledge and jointly mobilize $100 billion annually for
developing countries; this commitment has yet to be fulfilled.
Paris Agreement and 2021 Nationally Determined Contributions
(NDC) Synthesis Report
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