The climate summit (COP29) in Azerbaijan is coming to an end. On Thursday, Norway, together with, among others, the EU, Canada and Great Britain, will come with a new promise to cut emissions in line with the Paris Agreement. They do so in a joint press release. – Norway must take its share of the responsibility, says climate and environment minister Tore O. Sandvik (Ap) to news. Landa undertakes that their next climate target will be in line with the goal of limiting global warming to 1.5 degrees Celsius and strong emission cuts. By February, all countries that have signed the Paris Agreement must submit new national climate targets for 2035. The big picture: What if we fail to meet the 1.5 degree target? In recent years, the temperature in the world has approached the limit of 1.5 degrees warming dangerously quickly .Although few now believe that we can manage the ambitious goal of the Paris Agreement to avoid the worst consequences of climate change, all hope is not lost.Swipe on to understand what the rise in temperature means, and what we can do with it. Javier Ernesto Auris Chavez / news 1.5 degrees That temperatures in the world are rising by 1.5 degrees from pre-industrial times may sound small. But the world is already seeing consequences such as more frequent and more powerful extreme weather, and glaciers that melt and will contribute to increased sea level rise. Here in Norway, the Norwegian Climate Services Center notices an increase in torrential rain. In 2023, the temperature was 1.45 degrees warmer than pre-industrial times. Two degrees For every degree the temperature rises, the consequences get worse. If the temperature rises by two degrees from pre-industrial times, the research says, among other things, that almost all shallow-water tropical coral reefs will disappear. Extreme heat, which previously only happened once a decade, can be expected approximately every two years. Two degrees of warming also threatens food security in parts of the world. The UN climate panel says the Arctic can experience one ice-free summer every decade with this warming Three degrees If the world manages to implement the climate cuts they have promised, we will avoid experiencing a global warming of three degrees. According to UNEP, the measures are enough to stop warming at 2.6 degrees. Three degrees of warming is a dramatic scenario where many people experience deadly heat waves every year. There are an estimated 96,000 heat-related deaths in Europe alone. The chance that we will reach so-called tipping points with major, irreversible changes in the climate system is also significantly greater. Truls Alnes Antonsen / © Is it just to give up, then? Fewer and fewer people think we can manage to limit warming to 1.5 degrees. That does not mean that there is no point in doing anything. For every decimal degree of warming the world manages to avoid, the consequences will be made one notch less serious. The world’s leaders have promised to introduce major climate cuts. Even with current policies, the world will continue to warm. But the more we manage to do, the less the consequences will be. – All countries must cut more – In order for us to reach the 1.5 degree target, all countries must cut more. Together with Europe as a whole, Norway sends a clear message that all countries must take responsibility. Climate and Environment Minister Tore O. Sandvik (Ap) says so in a press release on Thursday. Sandvik elaborates that it is important to keep the pressure up, cut the discharge and slow down the heating. This means that Norway also has to cut. – Norway must also present climate targets in line with the obligations in the Paris Agreement. Now it is widely heard in Norway. We get many signals from business and others that Norway must now take its share of the responsibility. It will also be reflected in the goals that will be put forward after the consultation, says Sandvi to news. The leaders of the countries that have signed the agreement have each expressed in the press release that they are ready to implement this, even if it is ambitious. – We encourage everyone to join in this work, encourage the Landa who are behind the law together represent around 30 per cent of the world’s GDP and almost 15 per cent of global greenhouse gas emissions, according to the World Resources Institute (WRI). Promise emissions cuts Landa promises that their climate targets for 2035 will get emissions cuts on track, in order to reach zero emissions by 2050. This will require very rapid and extensive emissions cuts, according to the UN climate panel. The countries that have signed the agreement say they aim to report emission cuts that: are in line with last year’s call for rapid and lasting emission cuts, in line with the 1.5 degree target. covers all industries and all greenhouse gases are in line with steep and credible emission reductions towards the countries’ 2050 targets. Norway aims to cut 90-95 percent of emissions by 2050. So far, Norway has cut emissions by 9 percent since 1990. Still disagreeing on financing The day before the countries of the world are to agree on the climate summit in Baku, there are still large distances on what has been the main topic during COP29 – climate finance. – When we enter the last days of COP29, it is clear that the discussions are still difficult. There is a real risk of falling short. That makes it even more important to send a clear signal about an ambitious target for emissions reduction, says Sandvik from the podium in Baku on Thursday. Developing countries have asked rich countries to increase climate financing from 100 to 1,000 billion dollars a year. But in a draft agreement that was presented on Thursday morning, there is still no agreement on what the amount should be. After a week and a half of negotiations in Baku, it has also not been concluded who will pay for the new climate financing, which will last from 2025 to 2035. A key question is whether countries such as China and India, which have emerging economies, but are still classified as a developing country, must also contribute. Inga Fritzen Buan, senior advisor for international climate policy at the WWF World Wide Fund for Nature, says: – What is on the table now are two very different alternatives for the design of the funding target, which makes the final outcome uncertain Watch news’s climate reporter explain how the negotiations on climate funding proceed: Therefore, the negotiations so difficult Many developing countries, which are experiencing major consequences of climate change, went to the climate summit in the hope of securing money to cut emissions and adapt to the changes. But after a week of negotiations in Baku, there seems to be a long way to go before an agreement on the meeting’s most important issue. Swipe on to understand why the countries are struggling to agree on money for climate-prone countries. AP How much money? Today, rich countries pay 100 billion dollars a year for climate finance. Most people at the meeting agree that this amount must be increased. Developing countries have asked for more than a tenfold increase, but there are still proposals on the table that do not say anything about how big the amount should be. The demand for 1,300 billion dollars a year corresponds to about three quarters of the Norwegian oil fund, or 1 percent of the world’s GDP. AP Who will pay? One of the reasons why no one has locked in an amount may be that there is also no agreement on who will pay. Norway, the EU, the USA and other countries will bring more people to share the bill . They believe that countries such as China and India must also contribute. So far, the negotiations have not led to major clarifications. There is also a desire for private investors and development banks to contribute, not just the countries. Published 21.11.2024, at 07.32 Updated 21.11.2024, at 07.52
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Norway announces major emission cuts in new climate target – news Norway – Overview of news from different parts of the country
