With another round of global climate change negotiations continuing in Poland, the United Nations is advocating a range of proposals, including new taxes on fossil fuels, investment in clean technologies and stronger policies to bring down carbon emissions.
HE added, however, that the European Union will need to significantly increase its 2030 climate target and push forward its deadline to fully decarbonize to 2040 if the European Union is to "pull us back from the brink of the climate breakdown".
The authors of the report stated in a press release that the kind of drastic, large-scale action the planet desperately needs has yet to be seen, even though global emissions have reached record levels at 53.5 billion metric tons in 2017, with no signs of peaking.
The 28-nation bloc, responsible for 10% of global greenhouse-gas emissions, set a 2050 perspective to help give direction to member states, companies and citizens to anticipate costs in fight ing temperature increases.
Some countries are trying to reduce their carbon emissions.
The combination of increasing greenhouse gas emissions and increasingly inadequate action to slow them means that the emissions gap is bigger than it has ever been.
This ninth UNEP greenhouse gas emissions report was prepared by an worldwide team of scientists, assessing all available information.
In France, street protests have broken out over the government's attempts to raise taxes on motor fuels.
Humanity is falling further behind in the race against climate change.
Jugador se rompe cuello, dedo y pierde memoria en partido de futbol
Lee Seung-mo, defensor del Gwangju FC , se rompió el cuello, un dedo y perdió la memoria tras aterrizar sobre su nuca (video: @Spotv_sports).
"Thankfully, the potential of using fiscal policy as an incentive is increasingly recognized", said Dr. Liu, referring to the 51 initiatives already in place or planned across the world to charge for carbon emissions (called "carbon pricing").
A 3.2 degree warmer world by the end of this century would bring about numerous dire consequences for human health, global economies and sea level rise that are projected from the "higher-emission" scenarios (also known as worst-case scenarios). A 90% reduction, instead, would continue to see emissions from agriculture, despite some natural Carbon dioxide absorption.
Delegations from more than 200 countries are due in Poland next week for the latest COP24 climate summit, aimed at renewing and building on the Paris deal and limiting global warming.
The federal government is required to issue the climate assessment every four years.
"We're not talking about $100 billion, but a shift in financial flows from "brown" to 'green" investments more like $5 trillion, ' said Colombier.
"If the IPCC report represented a global fire alarm, this report is the arson investigation", said UNEP's Deputy Executive Director Joyce Msuya of Tanzania.
"The impacts of global climate change are already being felt in the United States and are projected to intensify in the future-but the severity of future impacts will depend largely on actions taken to reduce greenhouse gas emissions and to adapt to the changes that will occur". As of right now, in November 2018, we can expect to see a temperature rise of 3.2°C (3.7°F) above pre-industrial levels by the end of the century if we continue on our current trajectory - and temperatures will continue to rise above that after 2100.
"The plan we have presented today, is a sensible, achievable approach to do that", he said.
The bloc already has the most ambitious climate and clean energy policies worldwide, but without further action, renewables and energy efficiency targets will only reduce emissions by 60% by 2050, Kallanish Energy reports.