COP26 CLIMATE CONFERENCE

  • The COP 26 United Nations Climate Change Conference will be hosted by the UK from 31st october to 12th November.
  • Earlier, Intergovernmental Panel on Climate Change (IPCC) published its assessment report on Earth’s climate, highlighting heat waves, droughts, extreme rainfall and sea-level rise in the coming decades.

Important points:

  • COP 26 Goals: According to the United Nations Climate Change Framework Convention (UNFCCC), COP26 will work towards four goals
  • To secure Global Net-Zero by Mid-Century and keep 1.5 Degrees within reach.
  • Countries are being asked to come forward with ambitious 2030 emissions reductions targets that align with reaching net zero by the middle of the century.

To deliver on these stretching targets, countries will need to:

  1. Accelerate the phase-out of coal
  2. Curtail deforestation
  3. Speed up the switch to electric vehicles
  4. Encourage investment in renewables.

Adapt to Protect Communities and Natural Habitats:

  • Countries will work together to ‘protect and restore ecosystems and build defences, warning systems and resilient infrastructure and agriculture to avoid loss of homes, livelihoods and even lives.’
  • Developed countries must make good on their promise to mobilise at least USD100bn in climate finance per year.
  • Another important task at the COP26 is to ‘finalise the Paris Rulebook’.
  • Leaders will work together to frame a list of detailed rules that will help fulfil the Paris Agreement.

SOURCE: THE HINDU,THE ECONOMIC TIMES,MINT

 

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