The fact that the International Monetary Fund recognises the urgency of addressing anthropogenic induced climate change and the importance of reducing carbon emissions from human activity by 2050 must be seen as a welcome step. But the report is impractical and naïve in some respects. The next step needs to go beyond the high level of abstraction that smooths over the diversity of economic, political and climate impacts in local situations.
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Adam Tooze’s reflections on the significance of President Xi’s announced intention to take China to carbon neutrality by 2060 are replete with acute observations and valuable insights. The enormity of the climate challenge, and the looming titanic struggle over who will bear the costs, is clear from Tooze’s analysis.
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Without assistance, emerging economies and developing countries (EEDCs) will continue to add increasing amounts of greenhouses gases to the atmosphere for decades, preventing the curbing of global warming and adversely impacting all countries. While EEDCs were always going to require substantial assistance from the advanced economies, the need for strong multilateral action has become more urgent.
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In a 14 minute program from France24’s The Interview, Professor Harari talks about coronavirus and other crises confronting humankind, including the need for multilateral action on climate change and re-establishing trust in science.
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Concentrations of greenhouse gases in the Earth’s atmosphere are at record levels, and emissions that saw a temporary decline due to the pandemic are heading towards pre-COVID levels, while global temperatures continue to hit new highs, according to a major new UN report. UN Secretary-General António Guterres emphasized that there is “no time to delay” if the world is to slow the trend of the devastating impacts of climate change.
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