COP28 pledges so far not enough to limit warming to 1.5C -IEA

A raft of new pledges announced at the COP28 climate summit – from tripling renewables to reining in methane emissions – won't be enough on their own to limit global warming to 1.5 degrees Celsius, the International Energy Agency (IEA) said on Sunday. So far, 130 countries have agreed to triple renewables and double the rate of energy efficiency improvements, while 50 oil and gas companies have agreed to cut out methane emissions and eliminate routine flaring by 2030 under the Oil and Gas Decarbonisation Charter. If everyone delivered on their commitments, it would lower global-energy related greenhouse gas emissions by 4 billion metric tonnes of carbon dioxide equivalent in 2030, the IEA analysis said.