Cookies & Privacy

We use essential cookies to make our site work. With your permission, we’ll also use analytics and marketing cookies to improve your experience. You can change your choice anytime.

See our Privacy Policy for details.

Manage preferences
Back to Industry News
Cleantech

Reuters: World climate plans need to stick as deadline passes

Summary generated with AI, editor-reviewed
Heartspace News Desk
Source: Reuters
TL;DR

64 countries have submitted updated NDCs to the UN, a significant increase from the initial deadline, but nations responsible for 70% of global emissions, including the EU and US, are still outstanding. NDCs, in addition to being environmental commitments, are critical economic strategies that must be actionable, supported by public-private partnerships and designed to attract private capital for a low-carbon transition.

Key takeaways

  • While 64 countries have submitted updated Nationally Determined Contributions (NDCs) to the UN, exceeding the 29 filed by the initial September deadline, nations responsible for 70% of global emissions, including major emitters like the European Union and the United States, have yet to present their plans
  • This delay impedes collective progress towards global climate goals
  • The article highlights that NDCs are not solely environmental commitments, but also vital economic strategies for fostering growth, creating jobs, and ensuring energy security
While 64 countries have submitted updated Nationally Determined Contributions (NDCs) to the UN, exceeding the 29 filed by the initial September deadline, nations responsible for 70% of global emissions, including major emitters like the European Union and the United States, have yet to present their plans. This delay impedes collective progress towards global climate goals. The article highlights that NDCs are not solely environmental commitments, but also vital economic strategies for fostering growth, creating jobs, and ensuring energy security. For this latest round of NDCs to be effective, they require actionable strategies supported by robust public-private partnerships. Credible and investable plans are crucial for attracting the private capital necessary for a successful low-carbon transition, transforming aspirational documents into impactful policy.

Related Topics

climate changeNationally Determined ContributionsNDCsUN Frameworkenvironmental policy

Share Your Thoughts

(0 comments)

Be the first to share your thoughts on this article!

Stay Updated

Create alertsRead original