The great COP26 climate summit
During this week, the world's attention was focused on the climate change meeting in Glasgow, Scotland, where the G-20 group participated in the major climate summit COP26with the task of achieving concrete commitments to curb global warming.
World leaders from 19 countries attended the last Group of 20 (G-20) summit in Rome, ahead of the United Nations Climate Change Conference, COP26.
In a written agreement, the G-20 attendees recognized the need for "meaningful and effective action" to counter rising temperatures. In addition, the world leaders reiterated their commitment to the 2015 Paris Agreementwhich calls for limiting global warming to well below 2 degrees Celsius compared to pre-industrial levels. The 19 countries that make up the G-20 are also responsible for approximately 80% of global greenhouse gas emissions.
Among the highlights of the great climate summit COP26 carried out by the different leaders we can mention the following:
- Indian Prime Minister Narendra Modi said the world's third-largest emitter will eliminate pollution by 2070, increase its non-fossil fuel power capacity to 500 gigawatts, and half of India's electricity will come from renewable sources by 2030.
- President Joe Biden mentioned that more than 90 nations have signed a commitment between the United States and the European Union to collectively reduce global methane emissions by 30% below 2020 levels by 2030.
Some highlights of this meeting:
- India surprises with a net zero target for 2070.
- The G-20 disappoints without precise climate targets.
- Countries in the global methane commitment increase to 80.
- No fireworks from Biden's speech.
- China offers no new plans to reduce emissions.
- The focus of COP26 is on aid to developing countries.
- UK coal use rises to highest level in eight months.
- Kerry says rich nations raised $98 billion in finance.
Unlike previous plans to protect forests, the one announced Tuesday was backed by Brazil, home to the Amazon rainforest, and Russia, home to the world's largest expanse of temperate forests. It also came with a $19 billion commitment from governments and companies.