Today at COP26, the first draft of a “Cover Decision” — the final outcome of the summit – has been published.
In the seven page draft agreement, almost 200 countries have come together to iron out a common time frame for the emissions pledges, agree on a method to report their climate action and figure out climate finance for the most vulnerable countries. The agreement also calls on countries to phase out coal and fossil fuel subsidies more quickly.
The UK Presidency has this morning published the #COP26 first draft cover decisions
I will be holding an informal stocktaking plenary at 1230 today
We will continue to hear all views and my door is open to everyone
Documents | UNFCCC https://t.co/6JcXAQ4OBW
— Alok Sharma (@AlokSharma_RDG) November 10, 2021
“These important technical points will help to ensure that commitments are translated into action,” the U.K. government said in a statement.
But the latest projection released by the Climate Action Tracker (CAT) that global heating would soar to 2.4C, based on analysis of countries’ 2030 greenhouse gas emissions targets, has thrown another curveball at COP26.
“Before we leave this conference, we need to make sure that we make decisions that put us on track to meeting our [1.5C] goal, and this needs to be done within a year, because time is running out,” said Frans Timmermans, the EU’s vice-president, as reported by the Guardian.
U.K. Prime Minister Boris Johnson is travelling to Glasgow to urge delegates to reach a consensus before COP26 ends on Friday and “bridge the gaps remaining.”
In released comments, he said “negotiating teams are doing the hard yards in these final days of COP26 to turn promises into action on climate change.
But the Prime Minister said that “much” is still left to be done. “We need to pull out all the stops if we’re going to keep 1.5C within our grasp.”
Critics say the UN agreement falls short once again and that more ambitious pledges are required if warming is to be limited to 1.5.
The rest of Wednesday at Cop26 focuses on Transport. But since the official agenda will focus on electric vehicles, dozens of protesters have gathered outside the conference with their bicycles under the slogan, “this machine fights climate change.”
It’s Transport Day at #COP26
Road transport accounts for 17% of global emissions, and its emissions are rising faster than other sectors.
We need to speed up our move to zero emission vehicles.
— COP26 (@COP26) November 10, 2021
From : pk.mashable.com