Revealed early this morning, the primary draft of the COP26 cowl resolution that is because of be agreed this week urges nations to “revisit and strengthen” their 2030 local weather plans by the top of 2022.
10 November 2021
The primary draft of the COP26 summit’s closing assertion urges nations to “revisit and strengthen” their 2030 local weather plans by the top of 2022 to satisfy the world’s targets of holding world warming to 1.5oC and properly under 2oC.
International locations have additionally agreed to accelerating the phasing out of coal and of fossil gas subsidies within the draft so-called cowl resolution to be reached in Glasgow in coming days. If that reference stays within the closing assertion agreed by 196 nations later this week, will probably be the primary time in historical past that the result of a UN local weather summit or worldwide local weather treaty has explicitly talked about fossil fuels, the primary driver of worldwide warming.
The textual content was anticipated round midnight however negotiators labored by the night time, with a model lastly revealed simply earlier than 6am this morning. The present draft is much from set in stone, and the response of nations right this moment will dictate what stays in, what will get improved and what will get reduce.
Regardless of progress at Glasgow, with a brand new 2030 pledge from India and several other ‘sectoral offers’ masking deforestation and extra, an evaluation discovered yesterday that the world continues to be on the right track for two.4oC of warming by the top of this century, properly off the 2015 Paris Settlement’s temperature targets of 1.5oC and a pair ofoC.
The duvet resolution this morning acknowledges that hole. The doc “remembers” an article of the Paris Settlement that permits nations to ship a greater 2030 local weather plan at any time, and “urges” nations to “revisit and strengthen” these plans by the top of 2022 to “align” with the temperature targets. Earlier than Glasgow, they weren’t anticipated to carry ahead new plans till 2025, and people could be for motion on emissions post-2030, not by 2030.
Surprisingly, the textual content additionally “calls upon events to speed up the phasing-out of coal and subsidies for fossil fuels”. Though the language is woolly, even its inclusion within the textual content makes a major step for UN local weather negotiations. Nonetheless, it’s thought of unlikely to stay in its present language after pushback from some nations later right this moment.
One other key aspect of the draft settlement is a dedication by developed nations to double the finance they offer to growing nations for adapting to a warming world. That will see financing double from 2019 ranges to round $40 billion, though with no timetable for when that have to be delivered.
UK prime minister Boris Johnson is anticipated to reach at COP26 right this moment, to assist governments agree a closing deal.
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