The UN Warns of Climate Inaction Two Weeks Before COP29

As COP29 approaches, a UN report highlights that current climate commitments will not suffice to limit global warming to 1.5°C, endangering economies and human lives.

Share:

Comprehensive energy news coverage, updated nonstop

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access • Archives included • Professional invoice

OTHER ACCESS OPTIONS

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

FREE ACCOUNT

3 articles offered per month

FREE

*Prices are excluding VAT, which may vary depending on your location or professional status

Since 2021: 35,000 articles • 150+ analyses per week

Two weeks before the opening of the 29th Conference of the Parties (COP29) in Baku, Azerbaijan, the United Nations (UN) is warning about the alarming gap between current climate commitments and the goal of limiting global warming to 1.5°C. In a recently published report, UN Climate states that the current country contributions to emissions reduction are insufficient to keep temperature rise within this critical threshold, deemed essential to avoid disastrous consequences.

The current reduction commitments, known as Nationally Determined Contributions (NDCs), presented by the 195 signatories of the 2015 Paris Agreement, project only a 2.6% decrease in global greenhouse gas emissions by 2030 compared to 2019 levels. However, the Intergovernmental Panel on Climate Change (IPCC) of the UN recommends a 43% reduction to aim for the 1.5°C target. The synthesis of these commitments, updated annually by UN Climate, shows minimal progress, raising concerns that inaction could lead to massive economic losses and threaten billions of lives.

Goals to be Revised for COP30

According to Simon Stiell, Executive Secretary of the United Nations Framework Convention on Climate Change (UNFCCC), the current action plans fall far short of climate needs. Stiell urged countries to review their NDCs and adopt more ambitious policies before the next revision in 2025, prior to COP30. This update of contributions will be crucial to aligning goals with climate requirements.

In 2023, the World Meteorological Organization (WMO) reported record levels of greenhouse gas concentrations in the atmosphere, with carbon dioxide (CO₂) reaching an unprecedented accumulation rate. This trend further fuels the urgency, as experts warn that reduction targets will become increasingly difficult to achieve without immediate corrective measures.

The Consequences of Global Inaction

The United Nations Environment Program (UNEP) also released a critical analysis, stating that current policies are on track to increase global temperatures by approximately 3.1°C by the end of the century. Even when considering all conditional improvement pledges, often linked to financial support for developing countries, projections still suggest a warming of 2.6°C, far above the 1.5°C target.

Inger Andersen, UNEP’s Executive Director, stated that an unprecedented global mobilization is necessary to avoid making this target unattainable. She warned that the window to prevent surpassing 1.5°C is closing quickly and called for more decisive climate action.

Economic and Human Implications

The UN synthesis report stresses that the impacts of excessive warming would affect all global economies without exception. High levels of greenhouse gas pollution would lead to profound economic crises and social upheavals. The call from UN Climate is therefore to usher in a “new era of acceleration,” where countries must not only commit but also intensify efforts to reduce emissions.

As COP29 approaches, discussions will focus on climate finance, a key lever to help developing countries meet their reduction targets. Funding for energy transition and international solidarity will be essential to support the most vulnerable nations facing climate changes.

Facing a structural electricity surplus, the government commits to releasing a new Multiannual Energy Programme by Christmas, as aligning supply, demand and investments becomes a key industrial and budgetary issue.
A key scientific report by the United Nations Environment Programme failed to gain state approval due to deep divisions over fossil fuels and other sensitive issues.
RTE warns of France’s delay in electrifying energy uses, a key step to limiting fossil fuel imports and supporting its reindustrialisation strategy.
India’s central authority has cancelled 6.3 GW of grid connections for renewable projects since 2022, marking a tightening of regulations and a shift in responsibility back to developers.
The Brazilian government has been instructed to define within two months a plan for the gradual reduction of fossil fuels, supported by a national energy transition fund financed by oil revenues.
The German government may miss the January 2026 deadline to transpose the RED III directive, creating uncertainty over biofuel mandates and disrupting markets.
Italy allocated 82% of the proposed solar and wind capacities in the Fer-X auction, totalling 8.6GW, with competitive purchase prices and a strong concentration of projects in the southern part of the country.
Amid rising public spending, the French government has tasked two experts with reassessing the support scheme for renewable electricity and storage, with proposals expected within three months.
National operator PSE partners with armed forces to protect transformer stations as critical infrastructure faces sabotage linked to foreign interference.
The Norwegian government establishes a commission to anticipate the decline of hydrocarbons and assess economic options for the country in the coming decades.
Kazakhstan plans to allocate 3 GW of wind and solar projects by the end of 2026 through public tenders, with a first 1 GW tranche in 2025, amid efforts to modernise its power system.
Hurricanes Beryl, Helene and Milton accounted for 80% of electricity outages recorded in 2024, marking a ten-year high according to federal data.
The French Energy Regulatory Commission introduces a temporary prudential control on gas and electricity suppliers through a “guichet à blanc” opening in December, pending the transposition of European rules.
The Carney–Smith agreement launches a new pipeline to Asia, removes oil and gas emission caps, and initiates reform of the Pacific north coast tanker ban.
The gradual exit from CfD contracts is turning stable assets into infrastructures exposed to higher volatility, challenging expected returns and traditional financing models for the renewable sector.
The Canadian government introduces major legislative changes to the Energy Efficiency Act to support its national strategy and adapt to the realities of digital commerce.
Quebec becomes the only Canadian province where a carbon price still applies directly to fuels, as Ottawa eliminated the public-facing carbon tax in April 2025.
New Delhi launches a 72.8 bn INR incentive plan to build a 6,000-tonne domestic capacity for permanent magnets, amid rising Chinese export restrictions on critical components.
The rise of CfDs, PPAs and capacity mechanisms signals a structural shift: markets alone no longer cover 10–30-year financing needs, while spot prices have surged 400% in Europe since 2019.
Germany plans to finalise the €5.8bn ($6.34bn) purchase of a 25.1% stake in TenneT Germany to strengthen its control over critical national power grid infrastructure.

All the latest energy news, all the time

Annual subscription

8.25€/month*

*billed annually at 99€/year for the first year then 149,00€/year ​

Unlimited access - Archives included - Pro invoice

Monthly subscription

Unlimited access • Archives included

5.2€/month*
then 14.90€ per month thereafter

*Prices shown are exclusive of VAT, which may vary according to your location or professional status.

Since 2021: 30,000 articles - +150 analyses/week.