The ninth annual UN Environment Program (UNEP) report inspected the influence of the countries' discharge slashes targets and policies and if they are sufficient to restrict worldwide standard temperatures developing to a sheltered gateway below 2 degree Celsius.
Humanity is falling further behind in the race against climate change.
The UNEP report finds that, with global emissions still rising as of a year ago, it is unlikely they will reach a peak by 2020. "Thankfully, the potential of using fiscal policy as an incentive is increasingly recognized".
'Over the last years, we have shown how to reduce emissions, while creating prosperity, high-quality local jobs, and improving people's quality of life.
Under a package of climate legislation passed since the 2015 Paris accord from energy efficiency to renewable targets and curbs on transport pollution, the European Union is on track to overshoot its pledge to reduce emissions by 40 percent from 1990 levels by 2030.
The assessment comes a few days before a United Nations climate conference starts in Poland.
The report will be a key talking point as key environmental figures convene in Poland next week as part of COP24, where the stated goal is to adopt a plan to execute the Paris Agreement, affecting climate and energy policy for the coming years.
The U.S. report connects climate change to increasing water scarcity and drought, worsening storms, deadly wildfires and greater exposure to tropical diseases across the United States.
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According to the report, current emission targets would result in an average global temperature rise of 3.2 degrees Celsius.
"If the IPCC report represented a global fire alarm, this report is the arson investigation", Joyce Msuya, deputy executive director of UN Environment, said in a news release.
"We are already seeing the impact of just one degree of warming - with communities across the globe ravaged by fire, floods and storms like never before".
"If all fossil fuel subsidies were phased out, global carbon emissions could be reduced by up to 10 percent by 2030", Liu said.
UNEP stresses that while "surging momentum from the private sector" and "untapped potential from innovation and green-financing" offer "pathways" to bridge the emissions gap globally, the "technical feasibility" of limiting global warming to 1.5°C "is dwindling".
DR GLEN PETERS, author of the UNEP report and research director of the Centre for International Climate Research, on how far behind nations are in their climate goals. However, at this point in time they are insufficient to meet the scientific advice. As of right now, in November 2018, we can expect to see a temperature rise of 3.2°C (3.7°F) above pre-industrial levels by the end of the century if we continue on our current trajectory - and temperatures will continue to rise above that after 2100.
'We can not safely live on a planet with the climate that is out of control, ' Vice-President responsible for the Energy Union, Maroš Šefčovič said.
Countries must massively ramp up their action to cut emissions to prevent global temperatures rising beyond risky thresholds, a United Nations report warns.
The foreboding message in the report aligns with the recent findings in the "Special Report on 1.5 Degrees" issued last month by the Intergovernmental Panel on Climate Change (IPCC), that the world is failing to act fast enough to avoid the dire future climate and weather and time is quickly running out.