A new United Nations report released on Friday warns that efforts to combat global warming are off track and urgent action is needed. The report, called the Global Stocktake, calls for the phase-out of fossil fuels and a significant reduction in global emissions of heat-trapping gases. The authors state that the world must cut emissions by 43% by 2030 and 60% by 2035 in order to meet the goals set out in the Paris climate agreement. The report emphasizes that time is running out and urgent action is needed to secure a livable and sustainable future. The findings of the report will be discussed at the G20 summit and will form the basis of upcoming climate talks. The report also highlights the need to address the uneven flow of funds from richer to poorer countries for climate-related supports and calls for the phasing out of coal power and increased investment in low-carbon electricity sources. The report serves as a stark warning to world leaders that the current efforts are not enough, but there is still potential for improvement if action is taken quickly.
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