''Dancing on the edge of climate disaster'' by Martin Wolf F.T.

 

Please use the sharing tools found via the share button at the top or side of articles. Copying articles to share with others is a breach of FT.com T&Cs and Copyright Policy. Email licensing@ft.com to buy additional rights. Subscribers may share up to 10 or 20 articles per month using the gift article service. More information can be found here.
https://www.ft.com/content/6e2b366f-e139-4d69-bd4f-9254333bf316?desktop=true&segmentId=7c8f09b9-9b61-4fbb-9430-9208a9e233c8#myft:notification:daily-email:content

How are we to assess the outcome of COP26 in Glasgow? It would be reasonable to conclude that it was both triumph and disaster — triumph, in that some notable steps forward have been taken, and disaster, in that they fall far short of what is needed. It remains very doubtful whether our divided world can muster the will to tackle this challenge in the time left before the damage becomes unmanageable. Climate Action Tracker has provided a helpful summary of where we are: on current policies and actions, the world is set for a median increase in temperature of 2.7C above pre-industrial levels; with the targets for 2030 alone, this would fall to 2.4C; Full implementation of all submitted and binding targets would deliver 2.1C; and, finally, implementation of all announced targets would deliver 1.8C. Thus, if the world delivered everything it now indicates we would be close to the recommended ceiling of a rise of 1.5C. (See charts.)

READ MORE..