UAE, Azerbaijan and Brazil join forces to limit global warming to 1.5°C | Climate crisis news

Three past and future hosts of the UN climate summit will form a “troika” to limit global warming to 1.5 degrees Celsius.

The United Arab Emirates, Azerbaijan and Brazil, former and future hosts of UN climate summits, are teaming up to push for an international agreement to limit global warming to 1.5 degrees Celsius (2.7 degrees Fahrenheit).

On Tuesday, the Conference of the Parties in the United Arab Emirates (COP28) The presidency said it would form a “troika” to focus on ensuring more ambitious carbon dioxide reduction pledges are made before a deadline at the COP30 summit scheduled for 2025 in Belém, Brazil. Azerbaijan will host this year’s UN climate event in November.

“We cannot lose momentum,” Sultan Al Jaber, the Emirati chair of last year’s negotiations, said. “We must do everything we can to keep 1.5 degrees Celsius within reach.”

In 2015, nearly 200 governments signed the unprecedented agreement Paris climate agreement Phasing out fossil fuels in favor of renewable energy in the second half of the century by limiting global warming to 1.5°C.

This goal is rapidly sliding out of reach, as global greenhouse gas emissions continue to rise. The next round of climate targets for countries is seen as a crucial last chance to prevent global warming from exceeding the 1.5°C limit.

The Troika partnership should “substantially enhance international cooperation and the international enabling environment to stimulate ambition in the next round of NDCs,” as stated in the final agreement reached at COP 28.

Last week, European climate monitors reported that global warming had occurred for the first time Temperatures exceeded 1.5 degrees Celsius Over the course of 12 months, in what scientists described as a “warning to humanity.”

Storms, droughts and fires have struck the planet as climate change, in addition to the El Niño climate phenomenon that raises the temperature of surface waters in the eastern Pacific Ocean, making 2023 the hottest year on the planet in global records dating back to 1850.

“The Troika is helping ensure we have the cooperation and continuity required to keep the 1.5°C North Star on the horizon – from Baku to Belem and beyond,” Al Jaber said in a statement.

Taking into account current climate pledges, the world is still on track to warm between 2.5 and 2.9 degrees Celsius this century, according to UN estimates.

The 1.5°C limit will likely be reached between 2030 and 2035, according to the Intergovernmental Panel on Climate Change.

Little progress

At the UN Climate Change Conference (COP28), the world agreed to “transition” from fossil fuels, but no progress was made in liberalizing financial flows to developing countries, a major sticking point in negotiations.

The issue is set to be a major topic of COP29 in Baku, Azerbaijan, where a new target for developed countries’ financial support for climate change is expected to be set.

According to the OECD, rich countries are about two years late in fulfilling their initial pledge of $100 billion in annual climate finance by 2022.

The UN High-Level Panel of Experts on Climate Finance said in 2022 that developing countries, excluding China, need to spend about $2.4 trillion annually on clean energy and climate resilience by 2030 – four times current levels.

“We are committed to leveraging our strength as a bridge between the developed world and the developing world as host of COP29, to accelerate efforts to keep 1.5 within reach,” said COP29 President-designate Mukhtar Babayev, who is Azerbaijan’s Minister of Environment and Natural Resources. .

“Key to this will be setting a new climate finance target that reflects the scale and urgency of the climate challenge.”

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