Fidest – Agenzia giornalistica/press agency

Quotidiano di informazione – Anno 32 n° 302

China going carbon neutral before 2060 would lower warming projections by around 0.2 to 0.3 degrees C

Posted by fidest press agency su sabato, 26 settembre 2020

If China were to achieve its announced goal of achieving carbon neutrality before 2060, it would lower global warming projections by around 0.2 to 0.3degC, the biggest single reduction ever estimated by the Climate Action Tracker.The announcement by President Xi Jinping at the UN General Assembly yesterday – that China will “aim to achieve carbon neutrality before 2060” – is a true milestone in international climate policy. It is the first time that China has acknowledged the need to reach zero CO2 emissions by mid-century. If China were to submit the carbon neutrality pledge as a commitment under the Paris Agreement, it would affect the CAT temperature estimate of the aggregated national “pledges and targets” by around 0.2 to 0.3degC – the biggest dip in the CAT’s warming projections since 2015 after the EU and China had submitted their first indicative targets to the Agreement.Assuming full implementation of the Paris Agreement “pledges and targets”, without the new China announcement, the CAT estimates global temperature increase will be 2.7degC by 2100. The Chinese announcement would lower the warming to around 2.4 to 2.5degC, closer to the 1.5degC warming limit of the Paris Agreement.“China’s critically important announcement comes at a time when the EU is also ramping up its climate action, aiming for a more ambitious 2030 target, and climate neutrality by 2050,” said Climate Analytics CEO Bill Hare. “If China and the EU – which together account for 33% of global GHG emissions – were both to officially submit these new steps to the Paris Agreement, this would create the much-needed positive momentum the world – and the climate – needs.” With both the EU and China’s commitments, this brings the number countries with similar carbon or climate neutrality announcements to a total of 126, together responsible for around 51% of global emissions, with China contributing 25%. The CAT noted that the goal of “before 2060” was not soon enough to keep warming to 1.5degC, where global CO2 needs to be at net-zero by 2050 (IPCC special report on 1.5degC).China’s short-term emissions trajectory towards carbon neutrality is also important. The CAT’s latest analysis of the nation’s climate action shows that it is already set to overachieve its 2030 target. China has significant room to update its 2030 target and submit it to the Paris Agreement. In a briefing being released today, the CAT has analysed the post COVID-19 economic recovery packages of five countries, including China. “It’s clear that China needs to re-examine its economic recovery and aim it at more low-carbon projects if it wants to reach the carbon neutrality goal before 2060,” said Höhne.

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