00:01The world is moving in the right direction when it comes to relying less on fossil fuels
00:06and more on renewable energy, but a new report released by the United Nations Environment
00:12Programme shows that we must move much faster and invest far more in cutting carbon emissions.
00:18The emissions gap is now a leadership gap, and the world is running out of time and excuses
00:25to close it. Governments must go much further and faster.
00:30The report shows the big gap between what leaders say and what they actually do to tackle global warming,
00:36highlighting the challenge they face at the COP31 climate summit in November.
00:41Global commitments to cut emissions are falling far short of the climate goals set out in the Paris Agreement.
00:48This agreement aims to keep global warming well below 2 degrees Celsius, while striving for a safer 1.5 degrees.
00:56However, crossing this 1.5 degrees limit is now unavoidable. In a best-case scenario,
01:01peak warming can be limited to 1.7 or 1.8 degrees Celsius.
01:07Overshoot is not surrender. We can still keep it as small and as short as possible,
01:13and bring temperatures back below 1.5 degrees before the end of the century.
01:18The new emissions gap report from the United Nations Environmental Programme shows us what it will take,
01:26cutting global greenhouse gas emissions by 18% by 2030 and 45% by 2035, compared with 2025 levels.
01:37The report also shows that if countries deliver their latest climate pledges in full,
01:42global temperatures could still rise 2.6 degrees Celsius above pre-industrial levels by 2100.
01:50Scientists warn that every additional fraction of a degree above 1.5 degrees Celsius increases
01:56extreme weather events and the likelihood of irreversible changes to the planet.