Emissions Gap Report 2022

Why in the News?

 Recently, the Emissions Gap Report, 2022 has been released by the United Nations Environment Programme (UNEP).

Key Points:

Key Highlights of Emission Gap Report 2022:

• Countries need to take significant steps to reduce greenhouse gas emissions ahead of COP 27.
• It assesses the gap between the pledges taken by different countries to reduce greenhouse gas emissions.
• Nationally Determined Contributions taken by countries are insufficient to achieve predicted 2030 emissions.
• The Global temperature is expected to rise by 2.8°C by the end of this century.
• GHG emissions must be reduced by 45 percent by 2030 to achieve the Paris Agreement goals
• Collectively, G20 members are responsible for 75 percent of global GHG emissions.
•  It also tells that the global transformation to a low-carbon economy would require 4 to 6 trillion USD in investment each year.
• It emphasized transformative solutions across sectors, including food systems.

Food Systems

• It comprises all food products, derived from crop and livestock production, forestry, and fisheries.

 NDCs 

• NDCs are efforts by each country to reduce national emissions and adapt to the impacts of climate change.

Significance:

• It provides policy-relevant information to key decision-makers.

United Nations Environment Programme (UNEP)

• It is a leading global environmental authority established on 5th June 1972.
• It sets the global environmental agenda and serves as an authoritative advocate for global environment protection.