Carbon Net-Zero by 2050: Benefits, Challenges and Way Forward
Journal of Tropical Forestry and Environment
https://doi.org/10.31357/JTFE.V12I01.6107Abstract
In accordance with the Paris Agreement, to which Sri Lanka is a Party to, global temperature rise must be kept well below 2°C relative to pre-industrial levels and efforts to limit the temperature increase to 1.5oC above pre-industrial level must be pursued. In response to this, countries who signed the UNFCCC, including Sri Lanka, submitted their Nationally Determined Contributions (NDCs) in 2016 which will come into force during 2021-2030. However, according to Emissions Gap Report 2021 (UNEP 2021), climate pledges combined with other mitigation measures put the world on track for a global temperature rise of 2.7°C by the end of the century which is above the goals of the Paris climate agreement which intended to keep the global temperature rise well below 2°C. Therefore, in order to address this alarming situation, many countries including Sri Lanka have given pledges to become carbon neutral by 2050. This means that the emissions from economic sectors will be reduced as per th...
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