The Global Stocktake assesses the world’s collective progress towards achieving the purpose of the Paris Agreement and its long-term goals.
Paris Agreement
EIFFEL H2020 project offers the EO-based community the ground-breaking capacity of exploiting existing GEOSS and external datasets, with minimal new data collection activities. Added-value services interoperable with GEOSS will be designed, using cognitive search and metadata augmentation tools based on Artificial Intelligence (AI), including Natural Language Processing. These tools will leverage advanced cognitive features to extract meaningful information from and enrich GEOSS metadata.
From COP26 in Glasgow, the adoption of comprehensive accounting rules for the international transfer of carbon market units is the most important achievement however it is not in international climate negotiations. ‘Clean Development Mechanism’ or ‘CDM’ allows emission reduction projects to earn certified emission credits, but there are questions if the Article 6 rules are good enough to provide the necessary framework.
There are uncertainties how emission cuts will affect chances of staying with in 1.5°C warming dependent upon how the climate system responds. By looking at the science and models behind COP26 headlines and statements, we better understand our chances of staying within 1.5°C and mitigate risk. ZERO IN reported by the CONSTRAIN project highlights issues
In the Paris Climate Agreement, the five-yearly Global Stocktake (GST) plays an essential role. GST is used to monitor the implementation and progress of the Paris Agreement. Applying the concept of governance functions of international institutions, the policy brief derives the key recommendations to contribute to understanding.
Studies indicate the actual cost of global warming will be highest for the three top emitting countries: China, India and US and with the most to lose from climate change. The cost is higher than first assumed. Many countries have not yet recognised the risk posed by climate change. This study aims at filling this gap and shows mapping of domestic impacts of climate change can help better understand the determinants of international cooperation.
COVID-19 economic recovery could slow down global warming by up to half if we make the right choices, and by taking action that tackles both crises, we can ensure that a more resilient world emerges on the other side. Doing so means cutting emissions hard and fast, investing in green technologies and industries, and refusing to bail out fossil fuel companies. High-level action would get us on track for net-zero CO2 emissions by mid-century and give us a good chance of keeping temperature rise below 1.5°C.
COVID-19 pandemic has led to the worst economic downturn of the last decades mainly due to measures to stop the spread of the virus. This has led to reduction in demand and production capacity. Governments worldwide adopt packages as a response to the COVID-19 crisis, with $3.5 trillion dedicated to climate protections in the agriculture, industry, energy, and transport sectors. By adapting packages that are green, boosts economic growth worldwide triggered by increased low-carbon investment.
The European Union aims for 2030 to reduce greenhouse gas emissions by 40% compared to 1990 levels. Furthermore, the long-term vision is to become climate-neutral by 2050; this means transforming the current energy system. Compiled from MUSTEC’s research activities, key drivers and policy decisions are identified and explained for effective CSP deployment in Europe in the coming years up to 2050.
Economic growth has been a priority for the European Union (EU) since its creation. The Paris Agreement targets will not be reached by technological and policy measures alone, businesses need to contribute and commit to the decarbonisation journey. The Business Guide calls to policymakers and businesses to move decarbonisation strategies from words to reality.