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Global Information NO.10 2020 / 12

Colombia pledges to reduce its GHG to finance replacing coal boilers and help purchase
emissions by 51% by 2030 electric or hybrid vehicles. (Source:Reuters)
The Colombian Government announced that it
will reduce its greenhouse gas emissions by 51% by 2020 may be third hottest year on record,
2030 compared to the projected baseline, setting world could hit climate change milestone
off the promise of accelerated sustainable and by 2024
resilient development. In Colombia, greenhouse gas The relentless rise of carbon dioxide levels in the
emissions predominantly come from seven activities atmosphere – a phenomenon that has continued
or sectors, and deforestation is the main driver of despite a travel lull during the pandemic – will fuel
emissions (16.68% of total emissions in Colombia). temperature rise for decades to come. “The average

In 2019, an area of forest equivalent to 26 soccer global temperature in 2020 is set to be about 1.2 °C
fields was deforested every hour in the country. So above the pre-industrial (1850-1900) level. There
controlling and modifying the causes associated is at least a one in five chance of it temporarily
with this practice that has great impacts on the exceeding 1.5 °C by 2024”, WMO Secretary-General
environment and human well-being is urgent, and Petteri Taalas said in a statement.
should be reflected in the updated NDC. (Source: The risk of points-of-no-return, which, once
WWF) surpassed lock the world into new dynamics, have
been discussed for decades. Recently, there have
Accelerated electrification coupled with been warnings that some of these tipping points
renewables can put China on path toward are coming closer and are too dangerous to be
carbon neutrality disregarded. In the ESCIMO climate model the
BloombergNEF (BNEF) and Bloomberg Philanthropies world is already past a point-of-no-return for global
released “China’s Accelerated Decarbonization” – warming. ESCIMO observes self-sustained melting
a new white paper detailing how China could take of the permafrost for hundreds of years, even if 13
major steps toward its recently announced carbon global society stops all emissions of man-made
neutrality pledge. These will involve the electrification GHGs immediately. The melting (in ESCIMO) is the
of final energy use in sectors such as industry and result of a continuing self-sustained rise in the global
road vehicles, coupled with accelerated deployment temperature. To stop the self-sustained warming
of renewables. The Accelerated Transition Scenario in ESCIMO, enormous amounts of CO 2 have to be
sees electricity accounting for 53% of final energy extracted from the atmosphere. (Source: UN, Nature)
consumption by 2050, some 92% of which is
delivered by zero-carbon power sources dominated World’s governments must wind down
by solar and wind, with hydrogen-fueled gas turbines fossil fuel production by 6% per year to
providing balancing needs. This makes it much easier limit catastrophic warming
for China to reach its carbon neutrality goal by 2060. A special issue of the Production Gap Report – from
(Source: BNEF) leading research organizations and the UN – finds
that the COVID-19 recovery marks a potential turning
New Zealand declares climate emergency, point, where countries must change course to avoid
promises carbon neutral govt by 2025 locking in levels of coal, oil, and gas production far
New Zealand promised its public sector would higher than consistent with a 1.5°C limit. To follow
become carbon neutral by 2025, a symbolic move a 1.5°C-consistent pathway, the world will need to
that critics said needed to be backed with greater decrease fossil fuel production by roughly 6% per
actions to reduce emissions. Prime Minister Jacinda year between 2020 and 2030. Countries are instead
Ardern said the climate emergency declaration was planning and projecting an average annual increase
based on the Intergovernmental Panel on Climate of 2%, which by 2030 would result in more than
Change’s findings that to avoid more than 1.5 degree double the production consistent with the 1.5°C limit.
Celsius rise in global warming, emissions would Between 2020 and 2030, global coal, oil, and gas
need to fall by around 45% from 2010 levels by 2023 production would have to decline annually by 11%,
and reach zero by around 2050. The programme will 4%, and 3%, respectively, to be consistent with the
be backed by a NZ$200 million ($141 million) fund 1.5°C pathway. (Source: UN)

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