Santa Marta has opened a new front for fossil fuel phase-out. If the process initiated there can catalyse greater political momentum to implement the Global Stocktake energy package, it would be a breakthrough.
Read our full analysis:
As a heatwave sweeps Europe, a new study shows climate change will widen Europe’s income gap further.
In a 1.5°C world, heatwaves and drought could reduce average household incomes by around 7.5% across Europe and up to 27% in a 2.7°C world.
This week, CA presented new evidence on what’s needed in a transition away from fossil fuels to align with the science of 1.5ºC. @BillHareClimate: “If countries followed the assessment of Highest Possible Ambition, then we could halt warming within the next 25 years.”
NEW analysis: to peak warming at 1.7ºC & get back to significantly below 1.5°C by 2100, global fossil fuel use must peak now, fall 20% by 2030, halve by 2035 & reach real zero by 2070.
🪨 coal phased out globally by 2050
🔥 gas by 2060
🛢️ oil by 2070
climateanalytics.org/publications/h…
Today, Climate Analytics presents new evidence on what is needed for a transition away from fossil fuels that aligns with the science. Join the press conference via webcast or in person in Bonn at #SB64.
unfccc.int/event/climate-…