The World Is Ignoring Its Pledge to Shift Away From Fossil Fuels

At the COP28 climate summit in Dubai two years ago, countries reached a first-of-a-kind agreement to transition their economies away from fossil fuels.

Yet none of the roughly 60 countries that have submitted an updated climate pledge since then have put in place targets to reduce oil and gas production or phase out inefficient fossil fuel subsidies.

That’s the finding of a new report by the United Nations Environment Programme, which says that global temperatures will likely soon rise to more than 1.5C above pre-industrial levels, breaching the key goal outlined by the Paris Agreement. It’s the latest sign ...