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Zero: The Climate Race

Why the new IPCC report is so important

Zero: The Climate Race

Bloomberg

Technology, Business, Science

4.7219 Ratings

🗓️ 21 March 2023

⏱️ 10 minutes

🧾️ Download transcript

Summary

The Intergovernmental Panel on Climate Change’s latest report is out and it makes for sober reading. Published roughly every seven years, IPCC reports are the most established body of knowledge on climate change and unique in that their summary gets a signoff from every country on the planet. The report’s findings feature in everything from government policy to investment decisions. In this bonus episode, Akshat Rathi and Oscar Boyd talk about what the latest IPCC report says, and why it matters so much.

Read more about the latest IPCC report, about how one sentence in an IPCC report changed the climate game and about how IPCC reports become a showdown between science and global politics.

Read a transcript of this episode, here.

Zero is a production of Bloomberg Green. Our producer is Oscar Boyd and our senior producer is Christine Driscoll. Special thanks this week to Eric Roston and Kira Bindrim. Thoughts or suggestions? Email us at [email protected]. For more coverage of climate change and solutions, visit https://www.bloomberg.com/green.

See omnystudio.com/listener for privacy information.

Transcript

Click on a timestamp to play from that location

0:00.0

Welcome to Zero. I'm Oscar Boyd. On Monday, yet another dire climate report was published,

0:08.3

and yet again it was published in the middle of a whole set of crises that have dominated the

0:12.5

new cycle. So we wanted to take a moment to recognise the importance of this report that's come out

0:17.8

from the Intergovernmental Panel on Climate Change, better known as the IPCC.

0:22.2

I'm here with Akshak Rathi, our usual host late in our podcast you do in London, to talk about it.

0:27.9

Actually, let's start with the basics.

0:29.5

What is the IPCC and what are these reports it produces?

0:33.4

The IPCC was created under the United Nations and it was mandated as a body made up of scientists to produce regular reports that will tell the world about the state of our understanding of climate change.

0:47.2

As these reports have come every seven years or so, our understanding has improved, has become firmer, we know better than ever what causes climate change,

0:56.9

what kind of impacts climate change is going to have at a very granular level, and what we need

1:03.7

to do to address this problem so that we can minimize the impacts and even adapt to the warming

1:09.9

that has already occurred. As a result,

1:12.8

these reports have gotten longer and longer and longer. Right. And today's report is the

1:18.1

culmination of the sixth set of reports. It's called the synthesis report. And it's built upon this

1:25.0

wealth of knowledge that you're talking about, how much scientific

1:28.4

knowledge has gone into this report?

1:30.4

Well, today's report is only 37 pages long.

1:33.3

But that's because it's a summary of the entire sixth assessment report, which is about 10,000

1:39.3

pages long.

1:40.4

That in itself is based on nearly 50,000 scientific studies.

1:45.7

So one way to think about what the IPCC does is it creates the most established and rigorously fact-checked body of knowledge that exists on climate change.

1:56.9

And it gets signed of, at least the summary, by every country on the planet.

...

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