COP26

The Conference of Parties (COP) is the decision-making body responsible for monitoring and reviewing UNFCCC recommendations on  global warming and climate change.reviewing UNFCCC recommendations on global warming and climate change.

International Efforts:

Last 25 COPs since 1995, have failed to limit the Global Warming.

The Global Leadership is yet to provide a clear direction for mitigating Climate Change impacts.

COP-26 starting from 31 Oct 2021 could be the last chance for Humanity to avoid catastrophic decline.

The Main themes of COP 26:

  • Limiting warming to 1.5 degrees
  • Global emissions must halve by 2030
  • Globally reach ‘net-zero’ by 2050
  • Mobilize Climate Finance 

COP 21 at Paris in 2015 saw over 195 countries pledging NDCs to reduce CO2 emissions, But post- pandemic Economic recovery is seeing large rebound to Coal & Oil use with 2nd largest annual increase in CO2 emissions in the History

Will COP 26 be hijacked by finance issues, without committing emission reductions?

Taken from: CCP New Bulletin October 2021 https://www.climatecollectivepune.org/

 

European Commission proposes ambitious climate change policies, urging U.S. and other nations to follow https://www.washingtonpost.com/world/europe-climate-plan/2021/07/14/197ced78-e49b-11eb-88c5-4fd6382c47cb_story.html  14th July 2021

Plans aiming to reduce net greenhouse gas emissions by at least 55 percent below 1990 levels within less than a decade...expansion of the bloc’s carbon market to include cars, maritime transport and housing..phase out carbon dioxide emissions from vehicles by 2035..

..plans for a social fund, which is expected to help compensate low-income families negatively affected by the changes.

But climate change researcher Edenhofer said it is inevitable that consumers will have to pay a price for the proposals. Politicians need to clearly communicate that we have to bear the costs because change is needed,

Europe Unveils Plan to Shift From Fossil Fuels, Setting Up Potential Trade Spats https://www.nytimes.com/2021/07/14/world/europe/climate-change-carbon-green-new-deal.html

.. tariffs on certain imports from countries with less stringent climate-protection rules... eliminating the sales of new gas- and diesel-powered cars in just 14 years, and raising the price of using fossil fuels.

Delivering the European Green Deal https://ec.europa.eu/info/strategy/priorities-2019-2024/european-green-deal/delivering-european-green-deal_en

Transforming economy and socities.. New opportunites for innovation, investment and jobs.

Make transpot sustainable: reducing emissions of new cars, promoting zero/low emission vehicles, carbon pricing for aviation, sustainable blnded fuels,

Third industrial revolution - new jobs in new green  energy, transport, construction sectors 35 million building to be renovated by 2030, generating 160000 jobs.

Cleaning the energy system: renewable fuled - hydrogen for industry and transport. tax system for energy products to support green transition

Renovating buildings for greener lifestyles Social Climate Funds ..  EUR 72.2 billion over 7 years in funding for renovation of buildings, access to zero and low emission mobility, or even income support.

Restoring nature and enabling biodiversity

 

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