Amir Sokolowski, global director for climate change at CDP has called the findings of the UN’s Emissions Gap Report “unsurprising” and “terrifying” at the same time.
Responding to the annual report, CDP notes that governments were given an unprecedented window of one year to review and strengthen their NDCs ahead of COP27, however, when the deadline passed last month, only 23 of the nearly 200 countries which signed the Glasgow Climate Pact had done so.
Last year at COP26, governments committed to “phase down” fossil fuels through the Glasgow Climate Pact. Since then, there has been a worrying amount of backtracking, in part through the energy crisis caused by the Russian invasion of the Ukraine and several EU nations are now reopening coal plants. CDP has also pointed to the internal fragmentation that has occurred in the publicised discussions between financial institutions’ campaigns and the broader Race to Zero.
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