EUROPE: Earth will reach 2C warming threshold by 2038 based on carbon pledges made by 36 countries so far, rather than 2036 without any cuts, analysis show
Pledges made by countries to cut their carbon emissions ahead of a crunch climate summit in Paris later this year will delay the world passing the threshold for dangerous global warming by just two years, according to a new analysis.
The research, led by a former lead author on the UN’s climate science panel, found that the submissions so far by 36 countries to the UN would likely delay the world passing the threshold until 2038, rather than 2036 without the carbon cuts.
However, more than 150 countries have yet to submit their carbon pledges despite a deadline of the end of March. While most are relatively small emitters, commitments by big polluters such as India could significantly change the picture.
Pakistan to get $3b loan from Islamic Trade Financing Corporation
ISLAMABAD: Islamic Trade Financing Corporation (ITFC) to provide Pakistan with a $3 billion loan, according to an official statement released...
