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Climate change

  • Category
    Environment
  • Published
    18th Dec, 2019

The 16 year old climate activist, Greta Thunberg, was declared ‘person of the year’ by Time magazine. CoP 25 summit was held in Madrid, Spain in December 2019.

Context

The 16 year old climate activist, Greta Thunberg, was declared ‘person of the year’ by Time magazine. CoP 25 summit was held in Madrid, Spain in December 2019.

Background:                                  

  • Climate Activism: With Greta Thunberg creating more consciousness in the world against risks of climate change, there is an attitudinal change about the issue and world’s youth is leading the demand for action. Many youth climate activists have marched in streets across the world demanding their leaders to take action against climate.
  • Climate Conference 25 (Cop25): CoP25 to UNFCCC was held in Madrid in December 2019 with the aim to finalise rules for the 2015 Paris climate accord, which required countries to limit global temperature rises to "well below" 2C above pre-industrial levels, and even further to 1.5C.
  • UN ‘emission gap’ assessment: The UNEP released annual "emissions gap" assessment, according to which, the world is on track to being 3.2C warmer, and needs to cut carbon emissions by 7.6% each year, every year, until 2030 to hit 1.5C limit.
  • Cost of climate change: Climate change could directly cost the world economy $7.9 trillion by 2050 (3% of world GDP). In general, developing countries are less resilient to climate change than richer ones.
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