As we eagerly await the outcome of COP28 later this week, many will be taking stock of the targets set in the Paris Agreement back in 2015 when 196 parties at the UN Climate Change Conference (COP21) signed a legally binding international treaty on climate change. Its overarching goal was to hold “the increase in the global average temperature to well below 2°C above pre-industrial levels” and pursue efforts “to limit the temperature increase to 1.5°C above pre-industrial levels.” Despite the explosion of clean energy during the past decade, global warming has cruised through 1.5°C and looks set to continue increasing, unless [...]
Read MoreEarth’s well-documented changes throughout history are nothing new, but global warming today is taking a major human, economic and environmental toll across the world. In the next five years, the World Meteorological Organisation predicts that global temperatures are likely to surge to record levels. It’s a critical time to take stock and critically review where we are as an industry in the global context of our battle against climate change. Most climatic changes are due to very small variations in Earth’s orbit that change the amount of solar energy our planet receives. However, the current warming trend is different because it is [...]
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