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Your Climate Action Diary - 8

Year 2021 Week 47 Anushthatri Sharma
Hi, 

Welcome to our bi-weekly newsletter, curated specially for you!

On 13 November, representatives from nearly 200 nations agreed the final text of the 'Glasgow Climate Pact', which pledged further action to curb emissions.

The Pact has been received with mixed reactions and emotions, across the world. 

On this newsletter, we are drawing in on the most important highlights that came from the COP26 Summit, in Glasgow. We hope this will helping you critically think & participate in the dialogues around Climate Change and Action within your own circles. 

We, thank you for your continued support! 

Team OnePointFive Tribe

Climate Finance Talks Inconclusive, Despite Progress

COP26 saw increasing financial commitments from various nations. However, it struggled to complete the '$100 billion' financial support that was pledged by developed nations (at COP, 2009) - to 'mitigate' climate-change & help 'adapt' to its impacts, especially for developing nations.

Key Outcomes Of UN Climate Talks

The COP26 resulted in the adoption of the 'Glasgow Climate Pact', which finalised Paris Agreement's 'rulebook' & doubled climate-impact adaption finance (among others). While it become the first COP climate pact to mention 'phasing down of fossil fuel'; but it still fell short of several other targets, that was initially set out.

Scientists Argue, ‘COP26 Hasn’t Solved The Problem’

Scientific modelling of the various emission-reduction pledges made on the 'Glasgow Climate Pact' shows that they will fall short of keeping the global warming to under 2°C compared to pre-industrial levels (as was aimed in the Paris Agreement, 2015).