CAT Global Update: Climate target updates slow as science demands action

The new IPCC report on climate science has reinforced the absolute urgency of closing the 2030 emissions gap if there is to be any chance of limiting warming to 1.5°C. While people are suffering from ever more severe and frequent impacts of climate change around the globe, and the IPCC has yet again clearly demonstrated the feasibility and urgency of climate change mitigation, action to reduce greenhouse gas emissions continues to lag behind what is needed – in practically all countries and sectors. International climate finance to support action in developing countries is falling short. Even countries with strong targets are mostly not on track to meet them, while more have failed to bring forward stronger commitments for 2030.