
Urgent action to cut greenhouse gas (GHG) emissions is needed now. Substantial gaps in global ambition and implementation still remain and further delay will lead to an “emissions cliff edge”, putting the target of 1.5°C beyond reach. Where does the world stand on reaching net zero, and how can we equitably close the global ambition gap?
Read the research here: https://www.imf.org/en/Publications/staff-climate-notes/Issues/2024/10/08/Sleepwalking-to-the-Cliff-Edge-A-Wake-up-Call-for-Global-Climate-Action-555057
Learn more about the IMF’s work at #COP29: https://www.imf.org/en/Topics/climate-change/COP29
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The great taking by David Roger’s Webb
But what things were gain to me, those I counted loss for Christ.
(Holy Bible)
Respectful Greetings!
To: International Monetary Fund – IMF.
It is with deep satisfaction that I praise the support that the International Monetary Fund has given to mitigate the effects of climate change globally.
Developing countries can combat climate change in a number of ways, including:
Climate finance: Helps developing countries shift to renewable and sustainable technologies, and adapt to climate change
Renewable energy: Switching to renewable energy sources can reduce carbon emissions
Adaptation policies: Can help protect the livelihoods of the poor and ensure food security
Decarbonizing the industrial sector: Can help industries transition to clean and sustainable production processes
Energy conservation: Can help lessen climatic changes and is an inexpensive solution to energy shortages
Engaging the private sector: Companies can invest in green infrastructure to reduce the impact of climate change
International support: Poor and vulnerable countries need international support to finance adaptation
Other ways to combat climate change include:
Carbon capture utilization and storage (CCUS)
Making infrastructure more resilient
Better irrigation
Improved seed varieties
Strengthened health systems
Greater access to finance and telecommunications
A carbon market is a financial market where greenhouse gas emission credits are bought and sold to help governments and businesses meet climate targets:
Purpose
The goal of carbon markets is to reduce greenhouse gas emissions and implement climate actions in a cost-effective way.
How it works
Carbon credits are permits that allow the purchaser to emit a certain amount of carbon dioxide or other greenhouse gases. Entities that reduce their emissions can sell carbon credits, while those that need to reduce their emissions can buy them.
Types
There are two main types of carbon markets:
Compliance: These markets are run and regulated by governments or international bodies, and certain industries are required to participate.
Voluntary: These markets are entirely voluntary, allowing businesses and individuals to purchase carbon credits.
Obligingly!
Luís Van-Dúnem
climate change is not real
There is no debate. We've known about heat trapping gases since 1822. Countless experiments, billions of measurements, millions of observations. The science has stood the test of time over two centuries. Today we're spewing 57 billion tons of greenhouse gases pollution into our globally shared atmosphere annually, a number that grows year over year. Per Exxon's August 2024 global outlook executive summary we're burning through 100 million barrels of oil every single day. The laws of physics and thermodynamics rule. Unlike US system of injustice there is no theological supreme judicial junta that can overturn these laws. The obscene levels of extraction refining and burning of flammable fossils have a second darker side. Oil is one and done gift of the sun earth system which took tens of millions of years for earth to cook. We're DEPLETING reserves at 15% annually per Exxon. There is no Fossil Fuels Fairy refilling the holes