- The COP26 meeting ended on Saturday, and countries reached an agreement on how to deal with climate change.
- The agreement mentioned for the first time that fossil fuels are the cause of climate change.
- But the last-minute move changed the “phasing out” the unabated coal plan to “gradual reduction.” “New York Times” report.
- More stories Go to www.BusinessInsider.co.za.
On Saturday, diplomats from more than 200 countries reached an agreement at COP26 on the way forward to address climate change and its impacts. The United Nations Climate Change Conference COP26, held in Glasgow, Scotland, reached its climax.
according to New York Times, The agreement between countries focused on the idea that countries will return to the meeting next year and propose more detailed strategies on how they plan to deal with climate change. According to The Times, it also called on rich countries to “at least double” the funds used to help fragile countries adapt to the changing climate.
One day after the meeting was originally scheduled to end, after continuing disagreements between countries, an agreement was reached on Saturday to reduce greenhouse gas emissions and support developing countries.
COP26 hosted approximately 40,000 politicians, activists, and business representatives, including representatives of the fossil fuel industry. More delegations from any country.
According to The Times, the deal lacks all the funds needed by developing countries to alleviate extreme weather events and build clean energy infrastructure. The language of the agreement is that countries will commit to “gradually reduce” the use of unabated coal, rather than “phasing out” coal as the earlier draft said.
According to the “Times” report, this change is driven by India.
According to the New York Times, the Swiss representative Simonetta Sommaruga said: “We don’t need to gradually reduce, but phase out.” “We are disappointed by the process and the last-minute changes. . This will not bring us closer to 1.5, but it will make it more difficult to reach.”
according to CNN, Saturday’s agreement marked the first time in the history of the conference that coal or any other fossil fuel (including oil or natural gas) was listed as a cause of climate change.
According to The Times, the agreement outlines how the world should work to reduce carbon dioxide emissions by half by 2030 and reduce greenhouse gases, including methane. According to the Times, it also includes rules that require countries to be held accountable for the necessary changes outlined.
