Budapest Post

Cum Deo pro Patria et Libertate
Budapest, Europe and world news

COP26: New global climate deal struck in Glasgow

COP26: New global climate deal struck in Glasgow

A deal aimed at staving off dangerous climate change has been struck at the COP26 summit in Glasgow.

The Glasgow Climate Pact is the first ever climate deal to explicitly plan to reduce coal, the worst fossil fuel for greenhouse gases.

The deal also presses for more urgent emission cuts and promises more money for developing countries - to help them adapt to climate impacts.

But the pledges don't go far enough to limit temperature rise to 1.5C.

A commitment to phase out coal that was included in earlier negotiation drafts led to a dramatic finish after India led opposition to it.

India's climate minister Bhupender Yadav asked how developing countries could promise to phase out coal and fossil fuel subsidies when they "have still to deal with their development agendas and poverty eradication".

In the end countries agreed to "phase down" rather than "phase out" coal, amid expressions of disappointment by some. COP26 President Alok Sharma said he was "deeply sorry" for how events had unfolded.


He fought back tears as he told delegates that it was vital to protect the agreement as a whole.

The UK's Prime Minister Boris Johnson said he hoped the world would "look back on COP26 in Glasgow as the beginning of the end of climate change", promising to "continue to work tirelessly towards that goal".

He added: "There is still a huge amount more to do in the coming years. But today's agreement is a big step forward and, critically, we have the first ever international agreement to phase down coal and a roadmap to limit global warming to 1.5 degrees."

US climate envoy John Kerry said: "We are in fact closer than we have ever been before to avoiding climate chaos and securing cleaner air, safer water and a healthier planet."

But UN Secretary-General Antonio Guterres sounded a less enthusiastic note, saying: "Our fragile planet is hanging by a thread. We are still knocking on the door of climate catastrophe.

"It is time to go into emergency mode - or our chance of reaching net zero will itself be zero."

As part of the agreement, countries have pledged to meet next year to pledge further major carbon cuts so that the goal of 1.5C can be reached. Current pledges, if fulfilled, are only though to limit global warming to 2.4C.

If global temperatures rise by more than 1.5C, scientists say the Earth is likely to experience severe effects such as millions more people being exposed to extreme heat.

Main achievements of the deal:

*  Re-visiting emissions-cutting plans next year to try to keep 1.5C target reachable

*  The first ever inclusion of a commitment to limit coal use

*  Increased financial help for developing countries

Swiss environment minister Simonetta Sommaruga said: "We would like to express our profound disappointment that the language we agreed on, on coal and fossil fuels subsidies has been further watered down as a result of an untransparent process."

She added: "This will not bring us closer to 1.5C, but make it more difficult to reach it."

Despite the weakening of language around coal, some observers will still see the final deal as a victory, underlining that it is the first time coal is explicitly mentioned in UN documents of this type.

Coal is responsible for about 40% of CO2 emissions each year, making it central in efforts to keep within the 1.5C target. To meet this goal, agreed in Paris in 2015, global emissions need to be reduced by 45% by 2030 and to nearly zero by mid-century.

"They changed a word but they can't change the signal coming out of this COP, that the era of coal is ending," said Greenpeace international executive director Jennifer Morgan.

"It's in the interests of all countries, including those who still burn coal, to transition to clean renewable energy."


However Lars Koch, a policy director for charity ActionAid, said it was disappointing that only coal was mentioned.

"This gives a free pass to the rich countries who have been extracting and polluting for over a century to continue producing oil and gas," he said.

Sara Shaw, from Friends of the Earth International, said the outcome was "nothing less than a scandal". She added: "Just saying the words 1.5 degrees is meaningless if there is nothing in the agreement to deliver it. COP26 will be remembered as a betrayal of global South countries."

Finance was a contentious issue during the conference. A pledge by developed nations to provide $100bn per year to emerging economies, made in 2009, was supposed to have been delivered by 2020. However, the date was missed.

It's designed to help developing nations adapt to climate effects and make the transition to clean energy. In an effort to mollify delegates, Mr Sharma said around $500bn would be mobilised by 2025.

Scientists say extreme weather events, such as severe flooding, are becoming more frequent because of climate change


But poorer countries had been calling throughout the meeting for funding through the principle of loss and damage - the idea that richer countries should compensate poorer ones for climate change effects they can't adapt to.

This was one of the big disappointments of the conference for many delegations. Despite their dissatisfaction, several countries that stood to benefit backed the agreement on the basis that talks on loss and damage would continue.

Delegations pushing for greater progress on the issue included those from countries in Africa, such as Guinea and Kenya, as well as Latin American states, small island territories and nations in Asia such as Bhutan.

Lia Nicholson, delegate for Antigua and Barbuda, and speaking on behalf of small island states, said: "We recognise the presidency's efforts to try and create a space to find common ground. The final landing zone, however, is not even close to capturing what we had hoped."


Alok Sharma fights back tears as Glasgow Climate Pact reached


AI Disclaimer: An advanced artificial intelligence (AI) system generated the content of this page on its own. This innovative technology conducts extensive research from a variety of reliable sources, performs rigorous fact-checking and verification, cleans up and balances biased or manipulated content, and presents a minimal factual summary that is just enough yet essential for you to function as an informed and educated citizen. Please keep in mind, however, that this system is an evolving technology, and as a result, the article may contain accidental inaccuracies or errors. We urge you to help us improve our site by reporting any inaccuracies you find using the "Contact Us" link at the bottom of this page. Your helpful feedback helps us improve our system and deliver more precise content. When you find an article of interest here, please look for the full and extensive coverage of this topic in traditional news sources, as they are written by professional journalists that we try to support, not replace. We appreciate your understanding and assistance.
Newsletter

Related Articles

0:00
0:00
Close
16 Billion Login Credentials Leaked in Unprecedented Cybersecurity Breach
Senate hearing on who was 'really running' Biden White House kicks off
Hungary Ranked Among the World’s Safest Travel Destinations for 2025
G7 Leaders Fail to Reach Consensus on Key Global Issues
FBI and Senate Investigate Allegations of Chinese Plot to Influence the 2020 Election in Biden’s Favor Using Fake U.S. Driver’s Licenses
Trump Demands Iran's Unconditional Surrender Amid Escalating Conflict
Shock Within Iran’s Leadership: Khamenei’s Failed Plan to Launch 1,000 Missiles Against Israel
Wreck of $17 Billion San José Galleon Identified Off Colombia After 300 Years
Man Convicted of Fraud After Booking Over 120 Free Flights Posing as Flight Attendant
Iran Launches Extensive Missile Attack on Israel Following Israeli Strikes on Nuclear Sites
Beata Thunberg Rebrands as Beata Ernman Amidst Sister's Activism Controversy
Hungarian Parliament Approves Citizenship Suspension Law
Prime Minister Orbán Criticizes EU's Ukraine Accession Plans
Hungarian Delicacies Introduced to Japanese Market
Hungary's Industrial Output Rises Amid Battery Sector Slump
President Sulyok Celebrates 15 Years of Hungarian Unity Efforts
Hungary's Szeleczki Shines at World Judo Championships
Visegrád Construction Trends Diverge as Hungary Lags
Hungary Hosts National Quantum Technology Workshop
Hungarian Animation Featured at Annecy Festival
Israel Issues Ultimatum to Iran Over Potential Retaliation and Nuclear Facilities
UK and EU Reach New Economic Agreement
Coinbase CEO Warns Bitcoin Could Supplant US Dollar Amid Mounting National Debt
Trump to Iran: Make a Deal — Sign or Die
Operation "Like a Lion": Israel Strikes Iran in Unprecedented Offensive
Israel Launches 'Operation Rising Lion' Targeting Iranian Nuclear and Military Sites
UK and EU Reach Agreement on Gibraltar's Schengen Integration
Israeli Finance Minister Imposes Banking Penalties on Palestinians
U.S. Inflation Rises to 2.4% in May Amid Trade Tensions
Trump's Policies Prompt Decline in Chinese Student Enrollment in U.S.
Global Oceans Near Record Temperatures as CO₂ Levels Climb
Trump Announces U.S.-China Trade Deal Covering Rare Earths
Smuggled U.S. Fuel Funds Mexican Cartels Amid Crackdown
Austrian School Shooting Leaves Nine Dead in Graz
Bezos's Lavish Venice Wedding Sparks Local Protests
Europe Prepares for Historic Lunar Rover Landing
Italian Parents Seek Therapy Amid Lengthy School Holidays
British Fishing Vessel Seized by France Fined €30,000
Dutch Government Collapses Amid Migration Policy Dispute
UK Commits to 3.5% GDP Defence Spending Under NATO Pressure
Germany Moves to Expedite Migrant Deportations
US Urges UK to Raise Defence Spending to 5% of GDP
Israeli Forces Intercept Gaza-Bound Aid Vessel Carrying Greta Thunberg
IMF Warns of Severe Global Trade War Impacts on Emerging Markets
Low Turnout Jeopardizes Italy's Citizenship Reform Referendum
Transatlantic Interest Rate Divergence Widens as Trump Pressures Powell
EU Lawmaker Calls for Broader Exemptions in Supply Chain Legislation
France's Defense Spending Plans Threatened by High National Debt
European Small-Cap Stocks Outperform U.S. Rivals Amid Growth Revival
Switzerland Proposes $26 Billion Capital Increase for UBS
×