9th December 2021
Sanlam: Greenhouse gas emissions – time for action
The Paris Agreement is a legally binding international treaty on climate change. It is so called because it was adopted by 196 parties at COP 21 (Conference of the Parties) in Paris in 2015. The agreement’s goal is to limit global warming to well below 2, preferably to 1.5 degrees Celsius compared to pre-industrial levels. To achieve this long-term temperature goal countries are aiming to reach global peaking of greenhouse gas as soon as possible and certainly to aim for climate neutrality (net zero) by 2050.
Six years on, the focus has increasingly shifted from setting targets towards action in meeting them. Commitments to quickly reduce emissions and details of how these will be achieved are the discussion points today.
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