A 25% reduction in emissions from 2010 to 2030 levels, based on favourable and predictable support, climate finance mechanisms and “correcting the failure of existing market mechanisms”. Includes a five-year review of the target. Includes sections on loss and damage, finance, technology, capacity building and youth, as well as gender. It is the INDC. China suffered many shocks in the early months of the pandemic. Satellite data showed that pollution levels (NO2, PM2.5) were reduced by 30% in February 2020 compared to the same date in 2019 due to the decrease in industrial and transport activity. Coal consumption reached its lowest level in four years, with a sharp decline in demand for energy- and carbon-intensive industrial activities (oil, cement). Glen Peters, director of research at the Cicero Centre for International Climate Change Research and lead author of the global carbon budget papers published in the journals Nature Climate Change, Environmental Research Letters and Earth System Science Data, said: “The low growth in carbon dioxide emissions in 2019 was due to an unexpected drop in global coal consumption. But this decline was not enough to overcome the robust growth in natural gas and oil consumption. An 84% reduction in emissions based on a business scenario by 2030 is conditional on adequate international financial assistance. Also includes adaptation goals. INDC of the Comoros.
Other major economies, such as Japan and South Korea, pledged last month to become climate neutral by 2050, but did not detail how they will achieve this. With this help, emissions could still be reduced by more than 50% by 2025. . .