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ADB Transport Forum: shift to greener transport in Asia key to global sustainability; investment of $2.5T needed by 2020

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Without a change in current transport development patterns in Asia, global carbon dioxide emissions and fuel prices will keep rising, with consequences for climate change, energy security, and economic growth. However, Asia’s needs are vast, with estimated investments of $2.5

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UN Environment report says national GHG pledges only bring one-third of reductions needed for Paris Agreement

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Even if the current Nationally Determined Contributions (NDCs) are fully implemented, the carbon budget for limiting global warming to below 2 ˚C will be about 80% depleted by 2030. Given currently available carbon budget estimates, the available global carbon budget for 1.5 ˚C C will already be well depleted by 2030.