HomeCarbon NewsIPCC AR6 Report on Climate Change: We Must Act Now

IPCC AR6 Report on Climate Change: We Must Act Now

The Intergovernmental Panel on Climate Change (IPCC) released the third and final installment of its AR6 report on climate change.
 
The report is Working Group III’s contribution to IPCC Sixth Assessment Report (AR6). It was published today after getting the approval of 195 member governments of the IPCC.
 
Along with the two other AR6 reports, this report is vital for climate science analysis. 
 
In general, it provides scientific data on annual GHG emissions from 2010 to 2019. It also lays out potential solutions on how to reduce emissions. These solutions are the consolidated ideas of 278 scientists from 65 countries.

Evidence Presented in IPCC AR6 Report on Climate Change

The key message of the report is this: to make our planet safe for the next generations, we must act now. It means the entire world needs urgent action to reduce GHG emissions across all sectors.
 
Otherwise, the goal to limit global warming to the critical 1.5 degrees Celsius is beyond reach.
 

The IPCC’s AR6 report on climate change shows scientific evidence why we should act now or it would be too late.

From 2010 to 2019, the average annual global GHG emissions were at their highest historical levels, as shown below.

Figure SPM.1: Global net anthropogenic GHG emissions (GtCO2-eq yr-1) 1990–2019

Though the rate of increase has slowed down, the next few years’ warming reductions are critical.
 
The assessment indicates that getting to 1.5°C requires GHG emissions to peak before 2025, at the latest. Then the emissions must go down by 43% by 2030. Meanwhile, a reduction of around a third in methane is also a must.
 
In the words of the IPCC Chair, Hoesung Lee, We are at a crossroads. The decisions we make now can secure a liveable future. We have the tools and know-how required to limit warming.”
 
Lee also noted that there are climate actions taken by countries that are proving effective. Likewise, there has been a consistent decrease in the costs of renewable energy of up to 85% since 2010.
 
Another essential report highlight is the creation of policies that improved energy efficiency. Also, global efforts had lowered deforestation rates while enhancing the use of renewables.
Figure SPM.3: Unit cost reductions and use in some rapidly changing mitigation technologies
But still, more concerted efforts to achieve massive emissions reductions are necessary.

IPCC’s AR6 Solutions to Mitigate Global Warming

The AR6 report outlines climate mitigation strategies that cover all the major sectors. These include energy, transport, buildings, urban, industry, forestry, and agriculture.
 
Scientists in the IPCC believe that if those climate mitigations will take effect, the world can at least reduce emissions by half by 2030.
 
While rapid reductions have to occur across the board, the biggest impact will be from the energy sector. This means significant reductions in fossil fuel use and widespread electrification. It also calls for more energy efficiency and the use of alternative fuels like hydrogen.
 
In other main emitter sectors, the same solutions may also help reduce emissions. Carbon capture and storage can also be a potential option to help mitigate warming.
 
Finally, IPCC’s AR6 report on climate change stresses the need to consider other means. The two important ones are closing global investment gaps and achieving SDGs.
 
All three IPCC AR6 reports will be synthesized and published in September right before the major COP27 happens in Egypt.
Most Popular
LATEST CARBON NEWS

Twelve Transforms Carbon into Sunglasses, Car Parts, and Fuel

As firms around the world are tackling climate change, Twelve is offering a solution through its carbon transformation tech which turns CO2 into products...

Crypto Carbon Credits Exchange 1GCX Closes $2B Record Deal

Crypto carbon credits exchange 1GCX partnered with T3 Trading, raising $2 billion in assets under management (AUM) and setting up a $100 million liquidity...

Ethereum’s Stealth Move to Wipe Out Its Carbon Footprint

Ethereum won the spotlight with the Merge, which cut the crypto’s energy use and carbon footprint more than expected by 99.99%. The second-largest cryptocurrency -...

Iron and Steel Industry Will Buy $250B Carbon Credits for Net Zero

Bringing the iron and steel industry to net zero by 2050 requires $1.4 trillion of investment, $250 billion of which is for carbon credits,...
CARBON INVESTOR EDUCATION

ESG Investing with Carbon Credits – What Investors Need To Know

Reducing carbon emissions is evident as firms focus on ESG investing and governments account for climate impact through carbon credits.

The 5 Top Carbon Offset Project Developers

Are you looking to directly reduce your carbon footprint or support projects that cut emissions elsewhere? Then carbon credits allow you to do either...

The Top 3 Private Carbon Companies to Watch Right Now

Right now, the carbon space is heating up. Dozens of companies are jumping into what’s fast becoming one of the hottest spaces to invest...

Carbon Insetting: The Target of Scope 3 Carbon Offset Accounting

Carbon offsets are a well-known sustainability concept so you most likely have heard of them. But there’s a relatively new sustainable supply chain term...