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Paris Climate Agreement: UN report shows global warming by 2.5 degrees - financial experts call for drastic measures
In the Paris Climate Agreement, the international community agreed to limit global warming to 1.5 degrees Celsius, but a maximum of two degrees Celsius. However, eight years after the agreement was signed, the goal is still a long way off. According to the UN Environment Program UNEP's Emissions Gap Report, the Earth is currently moving towards a temperature increase of 2.5 to 2.9 degrees. This shows that the climate policies of all countries continue to fall short of the agreed targets. According to a report from www.derstandard.de, facts According to the Emissions Gap Report of the UN Environmental Program UNEP, the climate policies of all countries show inadequate implementation of the goals of the Paris Climate Agreement. The earth moves...
Paris Climate Agreement: UN report shows global warming by 2.5 degrees - financial experts call for drastic measures
According to a report by www.derstandard.de,
Facts
According to the Emissions Gap Report from the UN Environment Program (UNEP), the climate policies of all countries show inadequate implementation of the goals of the Paris Climate Agreement. The Earth is currently moving towards a temperature increase of 2.5 to 2.9 degrees.
Effects
This insufficient progress in climate policy can have far-reaching effects on the market and the financial sector. Companies that rely on renewable energy and sustainability could benefit from government regulations and incentives in the future. At the same time, companies that rely on fossil fuels and other environmentally damaging practices could face increased regulations and rising costs. Investors could increasingly focus on sustainable investments and avoid fossil fuels, which could lead to a shift in the financial industry.
Read the source article at www.derstandard.de