Current climate pledges will cut emissions by just 6% by 2035, far off track: UN report
MeridStreet AI summaryThe UN report states that current climate pledges will only reduce emissions by 6% by 2035, which is a significant gap from the target. This shortfall is concerning because it means that efforts to combat climate change are not progressing as quickly as needed. The report highlights the importance of increasing ambition and implementing more stringent measures to meet the goals of the Paris Agreement, which is crucial for the global economy and trade.
Read the source report: The Hindu →
Why it matters
Current climate pledges are insufficient to meet emissions targets. The UN report highlights the need for more drastic measures to reduce emissions.
Market impact
Transmission channels
Likely winners & losers
Winners
- Renewable energy
- Sustainable technologies
Under pressure
- Fossil fuel companies
- Polluting industries
Explore the intelligence
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