The UN is warning that new and updated climate commitments fall far short of what is needed to meet the goals of the Paris Agreement, leaving the world on track for a global temperature rise of at least 2.7°C this century.

The warning comes in the UN Environment Programme’s (UNEP) latest Emissions Gap Report 2021: The Heat Is On.

The report, now in its 12th year, finds that countries’ updated Nationally Determined Contributions (NDCs) – and other commitments made for 2030 but not yet submitted in an updated NDC – only take an additional 7.5 % off predicted annual greenhouse gas emissions in 2030, compared to the previous round of commitments.

Reductions of 30 % are needed to stay on the least-cost pathway for 2°C and 55 % for 1.5°C.

Released ahead of the UN Climate Change Conference (COP26), the latest round of climate talks taking place in Glasgow, the report finds that net-zero pledges could make a big difference.

If fully implemented, these pledges could bring the predicted global temperature rise to 2.2°C, providing hope that further action could still head off the most-catastrophic impacts of climate change. However, net-zero pledges are still vague, incomplete in many cases, and inconsistent with most 2030 NDCs.

World has eight years to stand a chance of limiting global warming to 1.5°C

Inger Andersen, Executive Director of UNEP said:

“Climate change is no longer a future problem. It is a now problem.

“To stand a chance of limiting global warming to 1.5°C, we have eight years to almost halve greenhouse gas emissions: eight years to make the plans, put in place the policies, implement them and ultimately deliver the cuts. The clock is ticking loudly.”

To have any chance of limiting global warming to 1.5°C, the world has eight years to take an additional 28 gigatonnes of CO2 equivalent (GtCO2e) off annual emissions, over and above what is promised in the updated NDCs and other 2030 commitments.

To put this number into perspective, carbon dioxide emissions alone are expected to reach 33 gigatonnes in 2021. When all other greenhouse gases are taken into account, annual emissions are close to 60 GtCO2e. To have a chance of reaching the 1.5°C target, the world needs to almost halve greenhouse gas emissions. For the 2°C target, the additional need is lower: a drop in annual emissions of 13 GtCO2e by 2030.

Alok Sharma, incoming COP26 President, said the report underlined why countries need to show ambitious climate action at COP26:

“As this report makes clear, if countries deliver on their 2030 NDCs and net zero commitments which have been announced by the end of September, we will be heading towards average global temperature rises of just above 2C. Complementary analyses suggest that the commitments made in Paris would have capped the rise in temperature to below 4°C.”

Zeroing in on net-zero

Net-zero pledges – and their effective execution – could make a big difference, the authors find, but current plans are vague and not reflected in NDCs.

A total of 49 countries plus the EU have pledged a net-zero target. This covers over half of global domestic greenhouse gas emissions, over half of GDP and a third of the global population. Eleven targets are enshrined in law, covering 12 % of global emissions.

If made robust and implemented fully, net-zero targets could shave an extra 0.5°C off global warming, bringing the predicted temperature rise down to 2.2°C.

However, the report says many of the national climate plans delay action until after 2030, raising doubts over whether net-zero pledges can be delivered. Twelve G20 members have pledged a net-zero target, but they are still highly ambiguous. Action also needs to be frontloaded to make it in line with 2030 goals.

“The world has to wake up to the imminent peril we face as a species,” Andersen added. “Nations need to put in place the policies to meet their new commitments, and start implementing them within months. They need to make their net-zero pledges more concrete, ensuring these commitments are included in NDCs, and action brought forward. They then need to get the policies in place to back this raised ambition and, again, start implementing them urgently.

“It is also essential to deliver financial and technological support to developing nations – so that they can both adapt to the impacts of climate change already here and set out on a low-emissions growth path.”

COVID-19 recovery - opportunity largely missed

Finally, the report finds that the opportunity to use COVID-19 fiscal rescue and recovery spending to stimulate the economy while backing climate action has been missed in most countries.

The COVID-19 pandemic led to a drop in global CO2 emissions of 5.4 % in 2020. However, CO2 and non-CO2 emissions in 2021 are expected to rise again to a level only slightly lower than the record high in 2019.

Only around 20 % of total recovery investments up to May 2021 are likely to reduce greenhouse gas emissions. Of this spending, almost 90 % is accounted for by six G20 members and one permanent guest.

COVID-19 spending has been far lower in low-income economies (USD 60 per person) than advanced economies (USD 11,800 per person). Gaps in finance are likely to exacerbate gaps in vulnerable nations on climate resilience and mitigation measures.

Click here to download Emissions Gap Report 2021: The Heat Is On