HomeNewsNewsTransition of global economy way off track

Transition of global economy way off track

The findings are ‘an urgent wakeup call for decision-makers’.

Across virtually every sector, the greening of the global economy is unfolding far too slowly to stave off climate catastrophe, according to a sobering report Wednesday from a consortium of research organizations.

From power, industry and transport to food production, deforestation and finance, progress across 40 key indicators must accelerate dramatically—in many cases ten-fold or more—to stay in line with the Paris treaty goal of capping global warming at 1.5 degrees Celsius.

Earth’s surface has already warmed 1.2C, enough to…

Read more…