A warming of the planet by 1.1°C due to human-induced climate change is being reported. Today, we are dealing with the consequences of higher temperatures, erratic and unpredictable rainfall, intense storms, and sea-level rise. To rein in temperature rise, rapid cuts in greenhouse gas (GHG) emissions are essential, as are making significant investments to protect ecosystems and communities from severe impacts that will worsen over time. Yet, the ongoing efforts to reduce GHG emissions, build resilience, and promote adaptation are not enough to tackle the speed and scale at which climate impacts natural and socio-economic systems – meaning, losses and damages from climate change are inevitable.
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