World to Fall Behind Paris Agreement's 2C Target Cap

The video discusses the expectations for COP 27, emphasizing its role as an implementation COP rather than focusing on new ambitious targets. It highlights the importance of achieving 2030 emission reduction targets to stay on track with climate goals, noting that current projections are insufficient. The video also explores the significant investment required for energy transition, with estimates ranging from $40 trillion to over $114 trillion over the next three decades. It stresses the need to increase the ratio of investment in low-carbon energy compared to fossil fuels to meet the Paris Agreement goals.

What is the significance of keeping the temperature rise below 2 degrees according to the text?

How has the ratio of investment in low carbon energy compared to fossil fuels changed from 2011 to 2030?