Emissions-cutting pledges made by about 130 countries and 50 fossil fuel companies at the start of the UN climate summit will still leave the world far off track in limiting global warming to 1.5C above pre-industrial levels, according to an analysis from the International Energy Agency.
Together, the countries account for more than half of the world’s gross domestic product, the agency said.
The IEA has calculated that full implementation of a set of measures that are part of a new global decarbonisation alliance would only reduce the energy-related emissions gap between the current trajectory and a 1.5°C scenario by about a third by 2030.
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