According to the European Court, the European Union(EU) missed its target spending goal on climate change as part of&nbsp;pre-2020 budget plan.

The report said, "In 2021, the Commission reported that it had met the target, having spent €216 billion on climate-relevant measures."

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The report said the "Commission overstated climate spending by at least €72 billion, over 80 per cent of which was from agricultural funding."&nbsp;

"This means that around 13 per cent of the 2014-2020 EU budget was spent on climate action," it pointed out.

Watch:&nbsp;Is climate activism becoming a nuisance to society?

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The European court said "the methodology used to report on climate spending should account for all relevant funding for climate action," while adding that, "It should use reliable estimates based on proven contributions to climate objectives."

The auditors pointed out that it should not involve "heavy administrative burden".

"When reported figures are based on planned or committed amounts, they are inflated by unused or not disbursed funds," the auditors said.

The auditors also claimed that the Commission overstated its "green" spending in agriculture by €60 billion.

(With inputs from Agencies)

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According to the European Court, the European Union(EU) missed its target spending goal on climate change as part of pre-2020 budget plan. The report said, "In 2021, the Commission reported that it had met the target, having spent €216 billion on climate-relevant measures.

According to the European Court, the European Union(EU) missed its target spending goal on climate change as part of pre-2020 budget plan. The report said, "In 2021, the Commission reported that it had met the target, having spent €216 billion on climate-relevant measures." Also Read| One species may benefit from climate change: Study The report said the "Commission overstated climate spending by at least €72 billion, over 80 per cent of which was from agricultural funding." "This means that around 13 per cent of the 2014-2020 EU budget was spent on climate action," it pointed out. Watch: Is climate activism becoming a nuisance to society? The European court said "the methodology used to report on climate spending should account for all relevant funding for climate action," while adding that, "It should use reliable estimates based on proven contributions to climate objectives." The auditors pointed out that it should not involve "heavy administrative burden". "When reported figures are based on planned or committed amounts, they are inflated by unused or not disbursed funds," the auditors said. The auditors also claimed that the Commission overstated its "green" spending in agriculture by €60 billion. (With inputs from Agencies) WATCH WION LIVE HERE You can now write for wionews.com and be a part of the community. Share your stories and opinions with us here. ×

EU overstated climate spending, say European Court auditors

A World Economic Forum report has said that the environment could become too hot for human beings in the coming decades and we could live to experience unbearable 60°C days. 
 
“This level of extreme heat would have been almost impossible in the absence of human-caused global warming,” the report said.

Greenhouse gas emissions reached a new high last year, putting us on track for an average temperature rise of 3 degrees Celsius. 2020 could be the hottest year yet on record as temperatures continue to soar.

Some extreme weather events, such as heat- and cold-waves, intense precipitation events, and regional droughts, have become more frequent and intense.

COVID-19 lockdowns are likely to result in just a 0.01C reduction in global warming by 2050. However, green investment under government stimulus packages could cut up to 25% off emissions predicted in 2030.

The World Economic Forum also released data to illustrate the potential damage to the planet over the coming decades and stated that by 2030s – Climate change-related illnesses will kill 250,000 people each year.

According to the predictions, Up to 8 per cent of the global population will have seen a severe reduction in water availability. Bangladesh, Vietnam and Thailand will be threatened by annual floods, sparking mass migration.

By 2050s – temperatures will soar to 60°C and by 2100s – Florida will disappear and south Spain will become a desert.

The biggest challenge that our environment faces is climate change. Polar ice caps are melting six times faster than they were in the 1990s. Greenland and Antarctica have lost more than 6.4 trillion ice between 1992 and 2017. Sea levels, on average, have risen eight inches since the 1880s.&nbsp;

One of the biggest contributors to climate change is pollution. About 100 companies are responsible for 71% of global emissions, according to a Carbon Majors report.&nbsp;

(With inputs from agencies)

A World Economic Forum report has said that the environment could become too hot for human beings in the coming decades and we could live to experience unbearable 60°C days.

A World Economic Forum report has said that the environment could become too hot for human beings in the coming decades and we could live to experience unbearable 60°C days. “This level of extreme heat would have been almost impossible in the absence of human-caused global warming,” the report said. Greenhouse gas emissions reached a new high last year, putting us on track for an average temperature rise of 3 degrees Celsius. 2020 could be the hottest year yet on record as temperatures continue to soar. Some extreme weather events, such as heat- and cold-waves, intense precipitation events, and regional droughts, have become more frequent and intense. COVID-19 lockdowns are likely to result in just a 0.01C reduction in global warming by 2050. However, green investment under government stimulus packages could cut up to 25% off emissions predicted in 2030. The World Economic Forum also released data to illustrate the potential damage to the planet over the coming decades and stated that by 2030s – Climate change-related illnesses will kill 250,000 people each year. According to the predictions, Up to 8 per cent of the global population will have seen a severe reduction in water availability. Bangladesh, Vietnam and Thailand will be threatened by annual floods, sparking mass migration. By 2050s – temperatures will soar to 60°C and by 2100s – Florida will disappear and south Spain will become a desert. The biggest challenge that our environment faces is climate change. Polar ice caps are melting six times faster than they were in the 1990s. Greenland and Antarctica have lost more than 6.4 trillion ice between 1992 and 2017. Sea levels, on average, have risen eight inches since the 1880s. One of the biggest contributors to climate change is pollution. About 100 companies are responsible for 71% of global emissions, according to a Carbon Majors report. (With inputs from agencies)

Coming decades will see unbearable 60°C days, warns World Economic Forum

Amid the coronavirus pandemic, a new report has claimed that the human consumption of earth's resources witnessed a fall in 2020.

The researchers shared this data on Saturday when the world marked Earth Overshoot Day, the date when humanity has consumed all the biological resources that Earth can renew annually.&nbsp;

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According to the Global Footprint Network, this day has seen a rise since the 1970s, but this year this day was observed on August 22, almost a month more than last year on July 29.&nbsp;

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The group also said there has been 9.3 per cent fall in humanity's footprint as compared to last year.&nbsp;

However, Mathis Wackernagel, president of Global Footprint Network said these figures are "not something to celebrate", adding "it's not done by design, it's done by disaster."&nbsp;

Coronavirus has killed nearly 800,000 people across the globe and led to strict lockdowns earlier this year in several countries, which caused a slowdown in industrial activities, and vehicular pollution, among others.&nbsp;

The research has also found that coronavirus led to a 14.5 per cent drop in CO2 emissions compared to last year and an 8.4 per cent fall in commercial forestry, due to less demand prompting less harvest.&nbsp;

Amid the coronavirus pandemic, a new report has claimed that the human consumption of earth's resources witnessed a fall in 2020. The researchers shared this data on Saturday when the world marked Earth Overshoot Day, the date when humanity has consumed all the biological resources that Earth can renew annually.

Amid the coronavirus pandemic, a new report has claimed that the human consumption of earth's resources witnessed a fall in 2020. The researchers shared this data on Saturday when the world marked Earth Overshoot Day, the date when humanity has consumed all the biological resources that Earth can renew annually. Also read | Greta Thunberg urges Merkel to get out of climate 'comfort zone' According to the Global Footprint Network, this day has seen a rise since the 1970s, but this year this day was observed on August 22, almost a month more than last year on July 29. Also read | World renowned climate scientist Konrad Steffen dies after falling through thin ice The group also said there has been 9.3 per cent fall in humanity's footprint as compared to last year. However, Mathis Wackernagel, president of Global Footprint Network said these figures are "not something to celebrate", adding "it's not done by design, it's done by disaster." Coronavirus has killed nearly 800,000 people across the globe and led to strict lockdowns earlier this year in several countries, which caused a slowdown in industrial activities, and vehicular pollution, among others. The research has also found that coronavirus led to a 14.5 per cent drop in CO2 emissions compared to last year and an 8.4 per cent fall in commercial forestry, due to less demand prompting less harvest.

Human consumption to Earth's resources fall in 2020

As we mark World Environment Day, there are some harsh facts that tell us that our environment is at unimaginable risk. So let's try to understand these five facts on June 5, the day dedicated to environmental awareness and protection. &nbsp;

In pics |&nbsp;<a href="https://www.wionews.com/photos/world-environment-day-from-amazon-to-india-nature-has-suffered-enough-in-one-year-303554">World Environment Day: From Amazon to India, nature has suffered enough in one year</a>

Climate Change

The biggest challenge that our environment faces is climate change. Polar ice caps are melting six times faster than they were in the 1990s. Greenland and Antarctica have lost more than 6.4 trillion ice between 1992 and 2017. Sea levels, on average, have risen eight inches since the 1880s.&nbsp;

Pollution

One of the biggest contributors to climate change is pollution. About 100 companies are responsible for 71% of global emissions, according to a Carbon Majors report.&nbsp;

Plastic pollution

If we look at pollution, a major worry is pollution generated from plastic. Half of all the plastics ever manufactured are produced in the last 15 years. Every year, nearly eight million tons of plastic waste finds its way into the oceans.&nbsp;

Extinction

All of the human beings and other species are victims of pollution and climate change. As many as 100,000 species are getting extinct each year. Experts say the rapid loss of species is 1000-10,000 times higher than the natural extinction rate.&nbsp;

Disasters

Disasters are one of the biggest signs that suggest that not all is well with the environment. In the last 30 years, the number of climate-related disasters has tripled. Over 20 million people are forced to leave their homes each year because of disasters.&nbsp;

The economic cost of climate change and natural disasters is also very high. According to estimates, by 2030, developing countries would have to shell 140 to 300 billion dollars every year.&nbsp;

Also, events from the first five months of this year substantiate the point that the risk to our environment is real.&nbsp;

We welcomed 2020 with an ongoing unfortunate event, Australian bushfires, one of the most devastating of all time. About 25.5 million hectares of land were gutted by the fires. The area is about the size of South Korea and 33 people have lost their lives in these fires.&nbsp;

In April this year, the United States witnessed its second-highest tornado count ever, with as many as 351 tornadoes in that particular month. As many as 40 people died in these tornadoes.&nbsp;

Now, we are struggling with locust attacks that have targetted 25 countries this year. Millions of hectares of farmland have been destroyed in Africa and Asia. It is likely that we have to face locust attacks every year. These swarms symbolise climate change.&nbsp;

Recently, parts of India and Bangladesh also witnessed massive destruction caused by super cyclone Amphan. It was the first super cyclone formed in the Bay of Bengal since 1999. At least 100 people have died in the eastern Indian state of West Bengal alone. The strong winds made Bengal look like a war zone.&nbsp;

And just over 24 hours ago, a powerful landslide swept several buildings into the sea in northern Norway.&nbsp; 
&nbsp;

As we mark World Environment Day, there are some harsh facts that tell us that our environment is at unimaginable risk. So let's try to understand these five facts on June 5, the day dedicated to environmental awareness and protection.

As we mark World Environment Day, there are some harsh facts that tell us that our environment is at unimaginable risk. So let's try to understand these five facts on June 5, the day dedicated to environmental awareness and protection. In pics | World Environment Day: From Amazon to India, nature has suffered enough in one year Climate Change The biggest challenge that our environment faces is climate change. Polar ice caps are melting six times faster than they were in the 1990s. Greenland and Antarctica have lost more than 6.4 trillion ice between 1992 and 2017. Sea levels, on average, have risen eight inches since the 1880s. Pollution One of the biggest contributors to climate change is pollution. About 100 companies are responsible for 71% of global emissions, according to a Carbon Majors report. Plastic pollution If we look at pollution, a major worry is pollution generated from plastic. Half of all the plastics ever manufactured are produced in the last 15 years. Every year, nearly eight million tons of plastic waste finds its way into the oceans. Extinction All of the human beings and other species are victims of pollution and climate change. As many as 100,000 species are getting extinct each year. Experts say the rapid loss of species is 1000-10,000 times higher than the natural extinction rate. Disasters Disasters are one of the biggest signs that suggest that not all is well with the environment. In the last 30 years, the number of climate-related disasters has tripled. Over 20 million people are forced to leave their homes each year because of disasters. The economic cost of climate change and natural disasters is also very high. According to estimates, by 2030, developing countries would have to shell 140 to 300 billion dollars every year. Also, events from the first five months of this year substantiate the point that the risk to our environment is real. We welcomed 2020 with an ongoing unfortunate event, Australian bushfires, one of the most devastating of all time. About 25.5 million hectares of land were gutted by the fires. The area is about the size of South Korea and 33 people have lost their lives in these fires. In April this year, the United States witnessed its second-highest tornado count ever, with as many as 351 tornadoes in that particular month. As many as 40 people died in these tornadoes. Now, we are struggling with locust attacks that have targetted 25 countries this year. Millions of hectares of farmland have been destroyed in Africa and Asia. It is likely that we have to face locust attacks every year. These swarms symbolise climate change. Recently, parts of India and Bangladesh also witnessed massive destruction caused by super cyclone Amphan. It was the first super cyclone formed in the Bay of Bengal since 1999. At least 100 people have died in the eastern Indian state of West Bengal alone. The strong winds made Bengal look like a war zone. And just over 24 hours ago, a powerful landslide swept several buildings into the sea in northern Norway.

Harsh facts on World Environment Day: Climate change, pollution and disasters