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Published 12:07 6 Apr 2022 BST
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They also warned that the current fossil fuel infrastructure if used until the end of its expected lifetime without capturing carbon emissions would make it impossible for the 1.5C goal to be met.
The Co-Chair of the working group that produced the report, Priyadarshi Shukla, said: "It's now or never, if we want to limit global warming to 1.5°C. Without immediate and deep emissions reductions across all sectors, it will be impossible."
While there has been a stark warning given, they noted that there is increasing evidence of climate action.
IPCC Chairman Hoesung Lee said that while we are at a crossroads and the next steps are vital, we have the tools and know-how to make the change that is needed.
The report said that there are options for change in all sectors but in order to halve emissions by 2030, there needs to be major transitions in the energy sector involving a substantial reduction in fossil fuel use, improved energy efficiency, and the use of alternative fuels.
While much of climate change is down to government policies, investments and regulations and large corporations, the IPCC said individuals can also make changes.
Cutting down on long haul flights, going for plant based diets and climate-proofing buildings can all help reduce greenhouse gases.
"Rapid and deep changes in demand make it easier for every sector to reduce greenhouse gas emissions," including construction, food consumption and transport, the report said.
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