“Climate Change” a huge challenge and our solutions

“Climate Change” a huge challenge and our solutions

We face a huge challenge but already know many solutions

Many climate change solutions can deliver economic benefits while improving our lives and protecting the environment. We also have global frameworks and agreements to guide progress, such as the Sustainable Development Goals, the UN Framework Convention on Climate Change and the Paris Agreement. Three broad categories of action are: cutting emissions, adapting to climate impacts and financing required adjustments.

Switching energy systems from fossil fuels to renewables like solar or wind will reduce the emissions driving climate change. But we have to act now. While a growing number of countries is committing to net zero emissions by 2050, emissions must be cut in half by 2030 to keep warming below 1.5°C. Achieving this means huge declines in the use of coal, oil and gas: over two-thirds of today’s proven reserves of fossil fuels need to be kept in the ground by 2050 in order to prevent catastrophic levels of climate change.

Adapting to climate consequences protects people, homes, businesses, livelihoods, infrastructure and natural ecosystems. It covers current impacts and those likely in the future. Adaptation will be required everywhere, but must be prioritized now for the most vulnerable people with the fewest resources to cope with climate hazards. The rate of return can be high. Early warning systems for disasters, for instance, save lives and property, and can deliver benefits up to 10 times the initial cost.

We can pay the bill now, or pay dearly in the future

Climate action requires significant financial investments by governments and businesses. But climate inaction is vastly more expensive. One critical step is for industrialized countries to fulfil their commitment to provide $100 billion a year to developing countries so they can adapt and move towards greener economies.

To get familiar with some of the more technical terms used in connection with climate change, consult the Climate Dictionary.