Environment
Environment

There’s enough finance, but so are the barriers to steer it towards climate action: UN panel report

There’s enough finance, but so are the barriers to steer it towards climate action: UN panel report

Image source: Sixth Assessment Report of IPCC

Synopsis

The IPCC report does some straight talking: the global temperature increase may touch the 1.5°C by 2030, and India is among the countries most vulnerable to global warming. The risks of inaction on climate are immense, but enhancing international cooperation on finance, technology, and capacity building can speed up mitigation and adaptation, and help move development towards sustainability.

By
7 mins read,
Here are three key takeaways based on an eight-year-long scientific study by the Intergovernmental Panel on Climate Change (IPCC) that highlight the various facets of the same challenge: Planet earth is already 1.1 degrees warmer than the pre-industrial era Greenhouse gas emissions in 2019 were 12% higher than in 2010, with fossil fuels as the largest contributor Three to six times more financing is needed for climate action What does this mean

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