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Glasgow Climate Pact
Where do all the words and numbers we heard at COP26 leave us?
(Mary Gagen/theconversation.com/17.11.2021)
COP26 negotiations, and outcomes,
have polarised the international climate community.
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This COP has seen a slew of ambitious statements – including the first-ever alliance targeting fossil fuel extraction and a 220-member climate action coalition – but it’s difficult to rely on their implementation.
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Although climate targets set by the Paris Climate Agreement include pursuing efforts to limit surface warming of the planet to 1.5°C above its pre-industrial average by 2100, current emissions pledges will still likely result in warming of over 2°C. This disparity has been called the “credibility gap”.
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In a world warmed by 1.5 °C, around 14% of the world’s 7.9 billion people would experience severe heatwaves at least once every five years. At 2°C of warming, the number of people affected would be three times greater, exposing an additional 1.7 billion people to life-threatening extreme heat.
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Other critical elements of the pact revolve around financial elements of climate change, including setting prices for carbon trading, funding climate adaptation and paying for loss and damage caused by extreme weather.
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This would have established the Glasgow Loss and Damage Facility for channelling money to support people on the frontline of climate change impacts. However, this was blocked by the EU and US, a blow for developing world nations.
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[theconversation.com/glasgow-climate-pact-where-do-all-the-words-and-numbers-we-heard-at-cop26-leave-us-171704]
(imagem: COP26/Flickr, CC BY-NC-ND/theconversation.com)