Saturday, January 26, 2019

Circular economy gap: just 9% of the 92.8 billion tonnes of materials that enter the economy are re-used annually

These numbers were revealed in a report presented by Circle Economy in Davos during the annual meeting of the World Economic Forum. According to the report, 62% of global greenhouse gas emissions (excluding those from land use and forestry) are released during the extraction, processing and manufacturing of goods to serve society’s needs; only 38% are emitted in the delivery and use of products and services. Authors of the report argues that innovation to extend the lifespan of existing resources will not only curb emissions but also reduce social inequality and foster low-carbon growth.

Wednesday, January 23, 2019

Outcomes of COP24 in Katowice, December 2018

Image result for cop24 in katowice
The Katowice climate package, adopted in December 2018 during COP24 in Katowice, Poland, is a set of rules regarding how the Parties will measure the carbon emissions and report on their emissions-cutting efforts. This ‘rulebook’ can be called as the detailed “operating manual” of 2015 Paris Agreement, and it includes:
  •    the information about domestic mitigation and other climate goals and activities that governments will provide in their Nationally Determined Contributions (NDCs);
  •    the rules for the functioning of the Transparency Framework, which will show to the world what countries are doing about climate change;
  •    how to assess progress on the development and transfer of technology;
  •    how to provide advance information on financial support to developing countries and the process for establishing new targets on finance from 2025 onwards

The implementation guidelines for the Paris Agreement respect the different capabilities and socio-economic realities of each country while providing the foundation for ever-increasing ambition with respect to climate action. They establish an effective international system for promoting and tracking progress while empowering countries to build national systems for implementing the Agreement