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Tag: 2021 UN Climate Change Conference (COP26) (Page 1 of 2)

2021 United Nations Climate Change Conference

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DW »

It was supposed to be the summit that would stop global warming. But now there’s deep disappointment, with environmentalists saying COP26 fell far short of the urgent action that’s needed. Negotiations in Glasgow went on beyond the deadline, as draft after draft came closer to producing a global agreement to restrict greenhouse gases. But the final document was met with anger after India scuppered its key provision – to phase out coal power.

Delegates did manage to come to an agreement at the end of the conference, which has been seen as a final hour, last ditch effort to stop catastrophic climate change.

Most countries agreed on new and more ambitious targets for reducing emissions. But the pledges fell short of what science says is needed to stop the world from heating beyond a dangerous 1.5 degrees Celsius.

India insisted on a last minute watering down of the final text, changing references of a coal phaseout to a phase down. And wealthy nations resisted calls to create a mechanism to compensate poor countries suffering the worst effects of climate change. UN Secretary General Antonio Guterres urged countries to do more.

Leaders agreed to reconvene for talks in Egypt next year, where major emitters will be asked to present new targets. But with the goal of 1.5 degrees now on life support, activists say COP27 is already dead.

Meanwhile, New Delhi shuts schools as government considers ‘pollution lockdown’ over noxious smog »

France 24 »

New Delhi authorities announced Saturday a one-week closure of schools and said they would consider a “pollution lockdown” to protect citizens from toxic smog.

The Guardian »

Alok Sharma, the president of the Cop26 climate summit, offered an emotional apology on Saturday evening as a package was agreed with last-minute changes to its wording on coal. A commitment to ‘phase out’ coal, which was included in earlier drafts, was changed to ‘phase down’ after China and India led opposition to it. Sharma said he was ‘deeply sorry’ for how the negotiations had ended ‘The pressure for change is building’: reactions to the Glasgow climate pact Glasgow climate pact: leaders welcome Cop26 deal despite coal compromise Cop26 ends in climate agreement despite India watering down coal resolution

Elsewhere » COP Scorecard: What Did Two Weeks of Talks Actually Achieve? » Bloomberg

Ithaca, New York to electrify all its buildings » the first such decarbonization effort in the U.S.

John Engel / Renewable Energy World »

Ithaca’s Common Council gave approval to Mayor Svante L. Myrick to negotiate a contract with BlocPower, a Brooklyn-based climate tech startup focused on greening aging urban buildings.

Installation of air source heat pumps with supporting energy efficiency upgrades and building improvements will cut Ithaca’s 400,000 tons of CO2 by 40% and create 400 new, green jobs, BlocPower estimates. The project is in line with Ithaca’s Green New Deal, which the city approved in 2019 to address climate change, economic inequality, and racial injustice.

“At the same time COP26 takes place in Glasgow, the City of Ithaca demonstrates its commitment to fight climate change by taking this very important step towards fully decarbonizing our building stock,” said Savante Myrick, Mayor of Ithaca, NY. “Through this program, the City expects to eliminate most emissions from energy use in existing residential and commercial buildings, which today account for almost 40% of the total emissions in our city.”

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Banks, insurers and investors worth $130 trillion promise to put climate at heart of finance

  • Mark Carney says the money is there, but mechanisms are needed
  • Investors want scale, transparency and public commitment

World Economic Forum »

Banks, insurers and investors with $130 trillion at their disposal agreed at COP26 to put combating climate change at the centre of their work.

It comes as COP26 delegates debate not only the extent of global pledges to cut emissions but also how to meet these goals, particularly in the developing world – and where the money will come from.

UN climate envoy Mark Carney, who assembled the Glasgow Financial Alliance for Net Zero (GFANZ), put the figure needed at $100 trillion over the next three decades, and said the finance industry must find ways to raise private money to take the effort far beyond what states alone can do.

“The money is here – but that money needs net zero-aligned projects and (then) there’s a way to turn this into a very, very powerful virtuous circle – and that’s the challenge,” the former Bank of England governor told the summit.

Elsewhere » Reuters

Brazil’s new deforestation climate pledge draws skepticism

At COP26 this week, more than 100 countries committed to ending deforestation by 2030. But deforestation of Brazil’s Amazon rainforest has only accelerated since far-right President Jair Bolsonaro took office in January 2019. 60 percent of the world’s rainforest are in Brazil.

Reuters »

If there is to be any prospect of meeting that 2030 target, the world needs Brazil on board. That’s why statesmen like U.S. climate envoy John Kerry applauded the country when Brazil’s environment minister announced on Monday at COP26 an ambition to end illegal deforestation two years ahead of that schedule, by 2028.

“Looking forward to working together!”, Kerry wrote on Twitter.

But scientists, nonprofits and indigenous groups are skeptical.

“In the past three years, deforestation has only gone up,” said Luciana Gatti, a scientist at Brazil’s space research agency INPE who studies the Amazon’s role in global climate change.

“Without a radical overhaul of enforcement and the system of environmental fines it will be very difficult to achieve that goal,” she added.

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Over 100 nations promise to end deforestation by 2030

BusinessGreen »

More than 100 world leaders have signed a historic pact to halt and reverse forest loss and land degradation by 2030, in a deal that has been hailed by some observers as one of the “first major outcomes” from the COP26 Climate Summit.

The UK, the US, Brazil, the Democratic Republic of the Congo, China, Colombia, Indonesia, Canada, and Russia are among the countries to sign the agreement, which is set to be announced at a forest and land use event tomorrow at COP26 by British Prime Minister Boris Johnson, the UK government confirmed late last night.

In his address to world leaders at the event, Johnson is expected to hail the new agreement – which reportedly has been signed by governments responsible for the 85 per cent of the world’s forests – as an “unprecedented” step forward for efforts to tackle the climate and biodiversity crises.

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Elsewhere » Axios / CBC  / Al Jazeera / Euractive /

Prime Minister Trudeau’s November 1 speech at the COP26 climate summit

In his speech to world leaders at 2021 UN Climate Change Conference (COP26), Prime Minister Justin Trudeau said, “In Canada, there was a town called Litton. I say ‘was’ because on June 30th, it burned to the ground. The day before, the temperature had hit 49.6C, the hottest ever recorded. Canada is warming, on average, twice as quickly as the rest of the world.”

PM Trudeau committed Canada to immediately cap oil and gas emissions, and ensure they decreases at a pace and scale that ensures they reach net zero by 2050.

Michael Bloomberg expanding campaign to close a quarter of the world’s coal plants by 2025

James Murray, BusinessGreen »

Billionaire media mogul Michael Bloomberg, who also serves as the UN Secretary-General’s Special Envoy for Climate Ambition and Solutions, today told an audience at the COP26 Climate Summit in Glasgow that his Bloomberg Philanthropies foundation would launch a new effort to accelerate the closure of coal plants globally.

The campaign will support UN Secretary-General Antonio Guterres‘ long-standing calls for coal power to be phased out in OECD and the EU27 by 2030 and by 2040 everywhere else.

As such, the Bloomberg Philanthropies campaign has set a target to work to close a quarter of the world’s 2,445 remaining coal plants and all 519 proposed new coal plants by 2025, in a move that will dramatically expand its current efforts to support coal phase outs in seven countries and the EU. Specifically, the campaign will be extended to an additional 25 developing countries where coal power is projected to rapidly grow.

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