13/10/2022 - Environment

KEY POINTS

·        There was an observation that every technological solution discussed at COP26 depends on just three resources: nelectricity (non-emitting electricity generated by hydropower, renewables or nuclear fission), carbon capture and storage (CCS) or biomass.

·        The total demand for those resources required by the plans discussed at COP26 cannot be met by 2050.

·        While there was the deforestation-ending climate commitment at COP26, the nature of the pledge was vague.

·        Forests absorb a net 7.6 billion metric tonnes of CO2 a year. The conservation of forests, along with other nature-based solutions, can provide up to 37% of the emissions reductions needed to tackle climate change.

·        The Dasgupta Review-Independent Review on the Economics of Biodiversity reports that green infrastructure (salt marshes and mangroves) are 2-5 times cheaper than grey infrastructure (breakwaters).

·        The IPCC Land Report estimates that land serves as a large CO2 sink. There is a growing body of evidence that a large proportion of the required removals could be achieved by conserving natural sinks, improving biodiversity protection, and restoring ecosystems.

·        We need to realise that the climate crisis is just a symptom; our real problem is that human consumption and activity have exceeded the regenerative capacity of our planet.

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