Search
00
GBAF Logo
trophy
Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

Subscribe to our newsletter

Get the latest news and updates from our team.

Global Banking & Finance Review®

Global Banking & Finance Review® - Subscribe to our newsletter

Company

    GBAF Logo
    • About Us
    • Profile
    • Privacy & Cookie Policy
    • Terms of Use
    • Contact Us
    • Advertising
    • Submit Post
    • Latest News
    • Research Reports
    • Press Release
    • Awards▾
      • About the Awards
      • Awards TimeTable
      • Submit Nominations
      • Testimonials
      • Media Room
      • Award Winners
      • FAQ
    • Magazines▾
      • Global Banking & Finance Review Magazine Issue 79
      • Global Banking & Finance Review Magazine Issue 78
      • Global Banking & Finance Review Magazine Issue 77
      • Global Banking & Finance Review Magazine Issue 76
      • Global Banking & Finance Review Magazine Issue 75
      • Global Banking & Finance Review Magazine Issue 73
      • Global Banking & Finance Review Magazine Issue 71
      • Global Banking & Finance Review Magazine Issue 70
      • Global Banking & Finance Review Magazine Issue 69
      • Global Banking & Finance Review Magazine Issue 66
    Top StoriesInterviewsBusinessFinanceBankingTechnologyInvestingTradingVideosAwardsMagazinesHeadlinesTrends

    Global Banking & Finance Review® is a leading financial portal and online magazine offering News, Analysis, Opinion, Reviews, Interviews & Videos from the world of Banking, Finance, Business, Trading, Technology, Investing, Brokerage, Foreign Exchange, Tax & Legal, Islamic Finance, Asset & Wealth Management.
    Copyright © 2010-2026 GBAF Publications Ltd - All Rights Reserved. | Sitemap | Tags | Developed By eCorpIT

    Editorial & Advertiser disclosure

    Global Banking & Finance Review® is an online platform offering news, analysis, and opinion on the latest trends, developments, and innovations in the banking and finance industry worldwide. The platform covers a diverse range of topics, including banking, insurance, investment, wealth management, fintech, and regulatory issues. The website publishes news, press releases, opinion and advertorials on various financial organizations, products and services which are commissioned from various Companies, Organizations, PR agencies, Bloggers etc. These commissioned articles are commercial in nature. This is not to be considered as financial advice and should be considered only for information purposes. It does not reflect the views or opinion of our website and is not to be considered an endorsement or a recommendation. We cannot guarantee the accuracy or applicability of any information provided with respect to your individual or personal circumstances. Please seek Professional advice from a qualified professional before making any financial decisions. We link to various third-party websites, affiliate sales networks, and to our advertising partners websites. When you view or click on certain links available on our articles, our partners may compensate us for displaying the content to you or make a purchase or fill a form. This will not incur any additional charges to you. To make things simpler for you to identity or distinguish advertised or sponsored articles or links, you may consider all articles or links hosted on our site as a commercial article placement. We will not be responsible for any loss you may suffer as a result of any omission or inaccuracy on the website.

    Home > Top Stories > Countries’ emissions pledges still fall short of global climate goals, UN says
    Top Stories

    Countries’ emissions pledges still fall short of global climate goals, UN says

    Published by Jessica Weisman-Pitts

    Posted on September 17, 2021

    3 min read

    Last updated: February 5, 2026

    Image depicting a global summit with leaders addressing emissions pledges, highlighting the urgent need for action on climate change ahead of COP26, as reported by the UN.
    Global leaders discuss climate change pledges and emissions targets - Global Banking & Finance Review
    Why waste money on news and opinion when you can access them for free?

    Take advantage of our newsletter subscription and stay informed on the go!

    Subscribe

    Quick Summary

    UN reports current emissions pledges fall short of climate goals, risking a 2.7C temperature rise. Major emitters urged to commit before COP26.

    UN Warns Nations' Emissions Pledges Fall Short of Climate Goals

    By Kate Abnett

    BRUSSELS (Reuters) – Countries’ latest pledges to cut emissions would fail to avert catastrophic climate change, the United Nations said on Friday, as pressure grows on polluters including China and India to set more ambitious targets before the COP26 summit in November.

    The U.N. COP26 conference aims to secure more ambitious climate action from the nearly 200 countries who signed the 2015 Paris Agreement and agreed to try to limit human-caused global warming to 1.5 degrees Celsius.

    A U.N. analysis on Friday said that under countries’ current pledges, global emissions would be 16% higher in 2030 than they were in 2010 – far off the 45% reduction by 2030 that scientists say is needed to stave off disastrous climate change.

    Without more ambitious commitments, global temperatures could hit 2.7C above pre-industrial levels by the end of the century, the U.N. said.

    That would unleash far more devastating impacts than those already battering countries around the world, from fatal floods to wildfires and storms.

    “Overall greenhouse gas emission numbers are moving in the wrong direction,” said U.N. climate chief Patricia Espinosa. “It’s not enough, what we have on the table.”

    Espinosa said she had received “very positive signals” in talks with some countries that new commitments would arrive before the COP26 summit in Glasgow, without naming any.

    The United States and the 27-country European Union – the world’s second- and third-biggest emitters after China – were among those that set tougher emissions-cutting targets this year.

    Nations responsible for about half the world’s emissions have yet to do so. China, India and Saudi Arabia are among them.

    Brazil and Mexico submitted updated pledges that analysts said would cause higher emissions than those countries’ previous targets.

    COP26 president Alok Sharma said that “without action from all countries, especially the biggest economies, these efforts risk being in vain.”

    Countries including India have said they cannot cut emissions faster unless they receive more support from rich nations to invest in low-carbon energy and industries.

    So far, promised support has not arrived. The OECD said on Friday it was likely that wealthy countries missed a goal to contribute $100 billion in 2020 to help developing nations cope with climate change.

    The U.N. said it would publish another report on Oct. 25, assessing any new climate pledges countries make before Oct. 12.

    (Reporting by Kate Abnett, Editing by John Chalmers and Timothy Heritage)

     

    Key Takeaways

    • •UN says current emissions pledges are insufficient.
    • •Global emissions could rise 16% by 2030.
    • •Temperatures may increase by 2.7C by century's end.
    • •Major emitters like China and India urged to act.
    • •COP26 summit aims for more ambitious climate commitments.

    Frequently Asked Questions about Countries’ emissions pledges still fall short of global climate goals, UN says

    1What is the main topic?

    The article discusses the UN's warning that current emissions pledges are inadequate to meet global climate goals.

    2What are the potential consequences of inaction?

    Without more ambitious pledges, global temperatures could rise by 2.7C, leading to severe climate impacts.

    3Which countries are highlighted for their emissions?

    China, India, and Saudi Arabia are noted as major emitters needing to enhance their climate commitments.

    More from Top Stories

    Explore more articles in the Top Stories category

    Image for Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Lessons From the Ring and the Deal Table: How Boxing Shapes Steven Nigro’s Approach to Banking and Life
    Image for Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Joe Kiani in 2025: Capital, Conviction, and a Focused Return to Innovation
    Image for Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Marco Robinson – CLOSE THE DEAL AND SUDDENLY GROW RICH
    Image for Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Digital Tracing: Turning a regulatory obligation into a commercial advantage
    Image for Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Exploring the Role of Blockchain and the Bitcoin Price Today in Education
    Image for Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Inside the World’s First Collection Industry Conglomerate: PCA Global’s Platform Strategy
    Image for Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Chase Buchanan Private Wealth Management Highlights Key Autumn 2025 Budget Takeaways for Expats
    Image for PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    PayLaju Strengthens Its Position as Malaysia’s Trusted Interest-Free Sharia-Compliant Loan Provider
    Image for A Notable Update for Employee Health Benefits:
    A Notable Update for Employee Health Benefits:
    Image for Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Creating Equity Between Walls: How Mohak Chauhan is Using Engineering, Finance, and Community Vision to Reengineer Affordable Housing
    Image for Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Upcoming Book on Real Estate Investing: Harvard Grace Capital Founder Stewart Heath’s Puts Lessons in Print
    Image for ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    ELECTIVA MARKS A LANDMARK FIRST YEAR WITH MAJOR SENIOR APPOINTMENTS AND EXPANSION MILESTONES
    View All Top Stories Posts
    Previous Top Stories PostBig wins for Olivia Colman, Kate Winslet at TV’s Emmy Awards
    Next Top Stories PostExclusive-Teamsters organizing workers’ unions at 9 Amazon.com facilities in Canada