SDG Goal 13

Why is this significant?

The world is on the brink of a climate catastrophe, and current actions and plans to address the crisis are insufficient. Without immediate and transformative action to deeply and rapidly reduce greenhouse gas emissions in all sectors, the 1.5°C target will be at risk, endangering the lives of more than 3 billion people. Failure to act will lead to intensified heatwaves, droughts, flooding, wildfires, sea-level rise, and famines. The rate of sea-level rise has doubled in the last decade, posing a significant threat to coastal regions. Highly vulnerable areas are experiencing mortality rates from disasters that are 15 times higher than more resilient regions. By 2030, emissions must be reduced almost by half, which is a daunting task to be achieved in just six years. Urgent and transformative action is needed to fulfill the commitments under the Paris Agreement, encompassing both mitigation and adaptation efforts. In 2019-2020, global climate finance flows reached an annual average of $803 billion. However, developing countries require nearly $6 trillion by 2030 to effectively address climate change. To combat climate change and its impacts by 2030, it is essential to prioritize immediate measures such as transitioning to renewable energy sources, implementing sustainable practices, improving energy efficiency, investing in climate-resilient infrastructure, and mobilizing sufficient financial resources to support developing countries.