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The world is far off track from meeting Paris climate targets, analysis shows

Axios · Andrew Freedman · last updated

Leaders will head to the COP27 summit in Egypt in less than two weeks with marginally more ambitious emissions commitments compared to COP26 last year.

Driving the news: A new UN report, released Wednesday, starkly shows the modest momentum towards meeting the world’s climate targets during the past year.

The big picture: The UN analysis examines countries’ voluntary emissions reduction and climate adaptation pledges, known as nationally determined contributions, or NDCs.

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Related Knowledge Center: Climate diplomacy: COP 27

State of Play

The 27th Conference of the Parties (COP 27) produced a groundbreaking agreement to create a “loss and damage” fund to help developing nations cope with the impact of climate change.

But the conference, held from Nov. 6 to Nov. 20, 2022, in Sharm el-Sheik, Egypt, fell short of a hoped-for agreement to speed reductions of greenhouse gas emissions.

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