Ireland facing 'significant challenges' in meeting 2030 emissions targets 

Ireland is projected to achieve only a 29% emissions reduction by 2030 — 22% lower than the 51% objective set out in the Climate Action and Low Carbon Development (Amendment) Bill of 2021. Picture: Sam Boal / RollingNews.ie

The world is falling "dangerously short" of making the decarbonisation changes necessary to reach the goal of limiting global warming to a 1.5C increase on pre-industrial levels by 2050, according to a new analysis.

In its Net Zero Economy Index 2023, accounting and consultancy firm PwC warns global emissions have fallen by just 2.5% in 2022 — far below the year-on-year reduction of 15.2% required for emissions targets to be met.