Yet while much is known about the threats rising oceans pose to the world's small island states, much less is known about how these large ocean states help defend everyone against the worst impacts of climate change by storing“blue carbon.”.
The group's new report shows the world is on track to warm by 2.8 degrees Celsius by the end of the century, double the rate scientists say is needed to limit the worst impacts of climate change.
The urgent need to move towards a low carbon economy and build resilience, would not only mitigate the worst impacts of climate change in the Asia-Pacific, but also lift the region economically, according to the body overseeing the UN Framework Convention on Climate Change(UNFCCC).
Similarly, investing heavily in renewable energy and green infrastructure projects as part of a'green new deal' on a national and global scale could create even more jobs, pave the way to a low carbon economy and mitigate the worst impacts of climate change.[35] Together these measures would help stimulate economic activity and increase government income, helping nations to plug the hole in public finances and reverse the big cuts in government spending.
In contrast, the costs of action – reducing greenhouse gas emissions to avoid the worst impacts of climate change – can be limited to around 1% of global GDP each year.
President Obama and other G7 leaders should also commit to decarbonize their economies by mid-century, to provide the leadership needed to avoid the worst impacts of climate change.”.
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