Climate change: Indonesia’s leadership is critical

Climate change: Indonesia’s leadership is critical

Climate experts say such analysis assumes significance when representatives of the 195 member-governments and authors are working long hours to approve the "life changing" report of the UN Intergovernmental Panel on Climate Change (IPCC) scheduled to be published on October 8. The report calls for higher taxes on carbon dioxide emissions to shift behaviour, nominating a price of US$27,000 per ton by 2100 but there has been significant political opposition to such taxes, particularly from the USA, the world's second-largest greenhouse gas emitter after China.

The Government and its climate advisers have been waiting for the findings of the report. "The risk to those investments is that markets and governments will move aggressively to decarbonize the economy, in which case the value of those assets could drop significantly".

Director Dr Richard Dixon said: "Today's IPCC report is an unprecedented warning on climate change".

- The global temperature is now rising by 0.2C per decade.

The scientists concluded that if greenhouse gas emissions are not reduced, the atmosphere will warm up by as much as 1.5°C above pre-industrial levels by 2040, leading to more severe and lengthy droughts, food shortages, poverty and the loss of coastal areas.

The report suggests that coral reefs would decline by 70-90 percent with global warming of 1.5°C, whereas virtually all ( 99 percent) would be lost with 2ºC.

The IPCC report makes it clear that the impact of 1.5 degrees Celsius warming is greater than what was anticipated earlier while the impacts at 2°C are "catastrophic" for the poor and for developing nations like India, the Centre for Science and Environment (CSE) said.

Aiming to limit global warming at 1.5℃ is a mammoth task at hand, it requires a massive social transformation in the way we consume energy. Limiting global warming to less than 2ºC will hopefully allow ecosystems and animals to adapt to the gradually rising temperatures.

The chair of the LDC group, Gebru Jember Endalew, from Ethiopia, said: "Communities across the world are already experiencing the devastating impacts of 1°C global warming".

Why we’re closer to climate catastrophe than we thought
The report was commissioned by world leaders as a part of the 2015 Paris Agreement , a global pact to battle global warming . The planet is even closer to catastrophe than scientists previously predicted, according to a new report from the U.N.

Jones a year ago established the Carbon Risk Initiative, a database that includes information on the amount of oil, gas, coal and utilities investments held by insurance companies, and whether the insurers have divested from thermal coal, the amount of thermal coal divested and any future commitments to divest.

Monday's report was produced by three IPCC working groups.

It notes that to prevent that such damage would require a cessation of global-warming emissions in just a few years-and acknowledges the political unlikelihood of such a solution, especially in the United States.

"EGU concurs with, and supports, the findings of the SR15 that action to curb the most unsafe consequences of human-induced climate change is urgent, of the utmost importance and the window of opportunity extremely limited".

We also need the climate leaders to stand up the global climate deniers, such as Donald Trump or Australia's Prime Minister, Scott Morrison, who recently said that there was no money for "global climate conferences and all that nonsense".

The report found that limiting the warming to 1.5 degrees Celsius would require "rapid and far-reaching" transitions in land, energy, industry, buildings, transport and cities.

Global net emissions of carbon dioxide would need to fall by 45 per cent from 2010 levels by 2030 and reach "net zero" around 2050 in order to keep the warming around 1.5°C. "We have to act, and we're a short time-frame to do so before we lose the ability to turn things around", Solheim told IANS in a recent interview. "It's about speed and scale now".

Prof Jim Skea, co-chair of the IPCC, said: "The first is that limiting warming to 1.5C brings a lot of benefits compared with limiting it to 2 degrees".

Jones believes it can it be done.

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