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To make oceans a climate priority, advocates look beyond COP29

Economic Times LogoEconomic Times9h ago

To make oceans a climate priority, advocates look beyond COP29 - Economic Times

Quick Summary:

While a dedicated agreement is unlikely, advocates are pushing for concrete, quantifiable ocean-based climate actions in updated Nationally Determined Contributions (NDCs) to attract funding and accelerate implementation.

A 2023 report commissioned by the High Level Panel for a Sustainable Ocean Economy found that eliminating offshore oil and gas production, ramping up offshore wind generation, decarbonizing shipping and restoring marine ecosystems could help limit temperature rise since the Industrial Revolution to 1.5 C.

While ocean issues aren’t on the official agenda, they’re being discussed daily at COP29 at the Ocean Pavilion, a side event featuring panels on topics ranging from marine carbon dioxide removal to sustainable ocean finance.


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Article Details

Author / Journalist: Bloomberg

Category: Business

Markets:

Topics:

Source Website Secure: Yes (HTTPS)

News Sentiment: Neutral

Fact Checked: Legitimate

Article Type: News Report

Published On: 2024-11-22 @ 09:57:56 (9 hours ago)

News Timezone: GMT +8:00

News Source URL: economictimes.indiatimes.com

Language: English

Article Length: 1311 words

Reading Time: 8 minutes read

Sentences: 29 lines

Sentence Length: 46 words per sentence (average)

Platforms: Desktop Web, Mobile Web, iOS App, Android App

Copyright Owner: © Economic Times

News ID: 23754511

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Main Topics: Business

Official Website: economictimes.indiatimes.com

Update Frequency: 5 posts per day

Year Established: 1961

Headquarters: India

News Last Updated: 7 hours ago

Coverage Areas: India

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Publication Timezone: GMT +8:00

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Publisher ID: #84

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