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    Published on Monday, January 11, 2021

    Global | From Paris to Glasgow: quickly, quickly

    Summary

    The United Nations Environment Program's Emissions Gap Report 2020 estimates that greenhouse gas emissions will have fallen by between 2% and 12% compared to 2019, but a transitory decline is not enough.

    Key points

    • Key points:
    • Stopping global warming first requires a sustained reduction in emissions to net zero, something that not even the Paris Agreement commitments can achieve.
    • The emissions gap that needs to be reduced by 2030 to fulfill the agreements reached is already at least 12 Gigatons of carbon dioxide equivalent. This is equal to 20% of emissions into the atmosphere in 2019.
    • We cannot afford to waste the opportunity presented by the COP26 in Glasgow in November 2021 to continue moving forward with more ambitious emissions targets and, most crucially, concrete and credible policies that are consistent with those targets.

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    Authors

    Julián Cubero BBVA Research - Lead Economist

    Documents and files


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    Press article (PDF)

    Julian_Cubero_De_Paris_a_Glasgow_ElPais_WB.pdf

    Spanish - January 11, 2021

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