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Four key Achievements of COP26
11/24/2021 Since 2 months

UN Climate Change Executive Secretary, Patricia Espinosa, outlined four key achievements made at this month’s UN Climate Change Conference COP26 in Glasgow, which represent “significant progress” in global efforts to tackle climate change.

“I believe that at COP26, Parties built a bridge between good intentions and measurable actions to lower emissions, increase resilience and provide much-needed finance,” she said.

The first notable accomplishment highlighted by the UN Climate Chief relates to adaptation to the impacts of climate change, which is now deemed to be equally important as reducing emissions. At the same time, there is now enhanced technical support for countries to address loss and damage related to climate change that will strengthen global efforts towards resilience.

Secondly, on the critical issue of finance, governments at COP26 agreed on the need for much greater support to developing countries. Developed countries have yet to live up to the Paris Agreement pledge of $100 billion annually in support to developing countries and underlined the urgency of initiating the process for defining the new global goal on finance as soon as possible.

Thirdly, on the urgent issue of bringing down emissions, Ms. Espinosa welcomed the collective agreement by governments to explore ways of increasing actions to close the current emissions gap. Governments must lead the way in planning and promoting the required clean energy infrastructure investment, including in matters of transmission and distribution.

The fourth significant achievement include the finalization of guidelines for the full implementation of the Paris Agreement; the compromise reached on Article Six relating to carbon markets, which will ensure a level playing field for everyone; and the finalization of negotiations on the Enhanced Transparency Framework, which allows countries to continue building trust.

Despite the accomplishments in Glasgow, the world is still far off track to stabilizing global temperature rise at 1.5 degrees and urged further and immediate international collaboration to get the world back on track to achieving this goal.

This post is also available in: Spanish

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