Without green policy controls, $12tn programme could promote development that would compromise the goals of the Paris Agreement, report finds.
China’s multi-trillion dollar global investment plans could blow the 2C warming limit set by the Paris Agreement without curbs on pollution, a new study said on Monday.
The 126 countries in the Belt and Road region now account for 28% of global emissions, but on their current trajectory, that could rise to 66% by 2050, researchers, led by Ma Jun, a special advisor to China’s central bank, said.
That could mean global carbon levels would rise to nearly double the level needed to keep temperature increases to below 2C, a major goal of the Paris Agreement.
“If B&RCs (Belt and Road countries) follow historical carbon-intense growth patterns… it may be enough to result in a 2.7 degree path, even if the rest of the world adheres to 2 degree levels of emissions,” the report said.
Read more at Chinese Belt and Road Plan ‘May Result in 2.7C Warming’
No comments:
Post a Comment