Global Resources Outlook: 2024

News Excerpts:

The Global Resources Outlook 2024 report will be released later this month at the 6th UN Environment Assembly in Nairobi, Kenya.

About the report:

  • Global Resources Outlook is a flagship report of the International Resource Panel of UNEP.
    • The first edition of the Global Resources Outlook was launched in 2019 at the UN Environment Assembly-4.
  • It highlights how global raw material consumption has increased fourfold since 1970 and is set to rise by a further 60% by 2060.
  • It sheds light on how resources are essential to implement the Agenda 2030 effectively. 
  • High-income countries use six times more materials per capita and are responsible for ten times more climate impacts per capita than low-income countries.
  • The report also describes the potential to turn negative trends around and put humanity on a sustainable trajectory. For that, bold policy action is critical to -
    • Phase out unsustainable activities.
    • Speed up responsible and innovative ways of meeting human needs.
    • Create conditions conducive to social acceptance and equity within the necessary transitions.
  • The report also suggests urgent action to embed resources in delivering multilateral environmental agreements, define sustainable resource use paths and roll out appropriate financial, trade and economic incentives.

The International Resource Panel (IRP):

  • The International Resource Panel was launched by the United Nations Environment Programme in 2007 to build and share the knowledge needed to improve the use of resources worldwide.
  • The Panel comprises eminent scientists from developed and developing regions, civil society, industrial and international organisations.
  • It investigates the world’s most critical resource issues with a view to developing practical solutions for government policymakers, industry and society.

United Nations Environment Programme (UNEP):

  • It was founded in 1972 following the landmark UN Conference on the Human Environment in Stockholm, and is the leading environmental authority of the United Nations.
  • It is headquartered in Nairobi, Kenya.

The sixth session of the United Nations Environment Assembly (UNEA-6)

  • It will take place from 26 February to 1 March 2024 at the United Nations Environment Programme (UNEP) headquarters in Nairobi, Kenya.
    • UNEA is the world's top decision-making body on the environment. It aims to help restore harmony between humanity and nature, improving the lives of the world’s most vulnerable people.
    • UNEA enjoys the universal membership of all 193 UN Member States. It gathers ministers of the environment in Nairobi, Kenya, every 2 years.
  • UNEA-6 will focus on how multilateralism can help tackle the triple planetary crisis of climate change, nature and biodiversity loss, and pollution and waste.
    • The triple planetary crisis refers to the three main interlinked issues that humanity currently faces: climate change, pollution and biodiversity loss.

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