Almost 200 countries approved this Saturday accelerate the fight against climate change and outline the foundations of future financing, sin guaranteeing, however, the objective of limiting the increase in world temperature to + 1.5ºC.
The Glasgow Climate Pact proposes that Member States present new national commitments to cut greenhouse gas emissions by the end of 2022, three years ahead of schedule, although “taking into account different national circumstances”.
The approval of the deal was marred by last-minute opposition from India and China to a paragraph on the need to eliminate dependence on coal, and to end fossil fuel subsidies.
With 24 hours of delay on the agenda, COP26 approved a text that opens the way to formal consultations to create financing funds and to subsequently study the damages and losses of the most vulnerable countries.
The document does not contain amounts. “What this text is trying to do is plug holes and start a process”, especially on the issue of finance for adaptation to the effects of climate change, that is, to prepare for what is coming, he explained Helen Mountford, del World Resources Institute.
“It is shy, it is weak and the 1.5ºC target is barely alive, but it sends a signal that the coal era is ending. And that is important.” reacted on his part Jennifer Morgan, executive director of Greenpeace.
Source From: Ambito
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