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COP26 agreement to accelerate the fight against global warming

COP26 agreement to accelerate the fight against global warming

The closing statement of the UN climate summit (COP26) in Glasgow, Scotland, on Saturday, called for “accelerating efforts” towards phasing out coal, and commitments by countries to reduce greenhouse gas emissions.
The COP26 summit adopted the “Glasgow Charter”, which did not confirm keeping global warming under the ceiling of 1.5 degrees Celsius, as well as without pledging to meet the requests for assistance from poor countries.
The US “Bloomberg” agency reported that the final version of the “Glasgow Climate Charter” kept proposals to reduce coal and fossil fuel subsidies and return by next year with new climate goals, despite the opposition of China and India, in the last moments of the two-week talks.
The agency quoted experts as cautiously optimistic that the measures agreed upon would keep alive the Paris COP26 Agreement’s goal of limiting global warming to 1.5 degrees Celsius from pre-industrial levels.
But environmentalists have maintained their criticism of the lack of financial commitments from rich countries, which are under pressure to do more to help developing countries decarbonize and deal with extreme weather events.
In the final moments of the negotiations, India proposed weakening the language on fossil fuels in the agreement, moving from a commitment to “accelerate efforts towards relentless coal-power phase-out” to supporting “relentless coal-power reduction” instead.
UN Secretary-General António Guterres described the agreement as “full of contradictions”, while Brazilian delegate Paulino de Carvalho Neto said the draft text had struck a “delicate balance” and “workable”, particularly progress in the global carbon market.
Representatives of the island nations most affected by climate change met earlier Saturday to demand the adoption of a final agreement with a pledge to speed up the phase-out of continued coal use, although they said it does not meet the financing poor countries need.
Tina Stege, an official from the Marshall Islands, said the text before us “doesn’t contain everything everyone wants, but it does contain very important elements that serve the planet.”

COP26 commitment to phase out coal


According to the BBC, the main achievements in the COP26 agreement so far are the unprecedented inclusion of a commitment to phase out coal, a re-examination of plans to cut emissions on a more regular basis, and an increase in financial assistance to developing countries.
But developing countries are unhappy with the lack of progress in what is known as “loss and damage,” the idea that rich countries should compensate poor people for the effects of climate change that they cannot adapt to.

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