has been hostile to this notion, regarding oversight of the effectiveness of foreign funding as an infringement of its sovereignty. However, the Chinese Vice Foreign Minister He Yafei said was ready to engage in “dialogue and cooperation that is not intrusive and that does not infringe on ’s sovereignty.”
The draft declaration is set to mention a cap of
2°C
global temperature rise, but a document prepared by the UN climate convention secretariat confirms that current pledges on cutting greenhouse gas emissions don’t come close to meeting that target. To achieve the goal, it has been estimated that global emissions should be kept below 44 Gt of carbon dioxide equivalent in 2020. Current pledges would mean missing this target by between 4.2-8.4 Gt. The International Energy Agency estimates that current pledges wouldlead to concentrations equal to or above 550 ppm, with a related temperature rise of
3°C
.
